Eurasia Journal News

LUKOIL and Gazprom: Discuss JV for Vaneyvisskoye and Layavozhskoye Field Development

President of LUKOIL Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller have held a working meeting in Saint Petersburg today. The parties discussed current issues of cooperation between the two companies. Special attention was given to the project of developing the Vaneyvisskoye and Layavozhskoye fields and, in particular, …

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Eurasia Journal News

Achim Development: First Gas

Achim Development LLC, the youngest joint venture between Gazprom PJSC (74.99 per cent) and Wintershall Dea GmbH (25.01 per cent), has successfully started hot commissioning of Area 4A of the Urengoyskoye oil, gas and gas condensate field in Western Siberia, and has produced first gas and condensate from the licence …

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Eurasia Journal News

LUKOIL and Gazprom Sign Master Agreement on Development of Two Fields in the Nenets Region

President of LUKOIL Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller signed the Master Agreement on the Terms of the Development of Vaneyvisskoye and Layavozhskoye fields (located in the Nenets region, Russia) today. Governor of the Nenets Autonomous District Yuri Bezdudny also took part in the signing ceremony. …

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Eurasia Journal News

Gazprom: Obtains Record-High Gas Inflow on Kara Sea Shelf

Another set of tests has been performed in the upper levels of the exploration well at the Leningradskoye field of the Yamal gas production center. Earlier, the well helped discover a new deposit in the lower levels. In the course of the exploration activities, commercial gas inflow of over 1 million cubic meters per day was obtained. This is a record-high figure for the fields located on the …

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Conference and Exhibition News and UpdatesEurasia Journal News

RDCR & KDR 2020 – 6 Weeks Left!

Join us Online for a Combined RDCR & KDR on the 4th December 2020 With only 6 weeks left until the largest virtual gathering of Russian and Kazakh drilling and production specialists – check your agenda and make sure you have REGISTERED! In every crisis, there is opportunity. For one …

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Eurasia Journal News

Gazprom Management Committee Endorses Revised Investment Program and Budget for 2020

The Gazprom Management Committee endorsed the revised drafts of the investment program and budget (financial plan) for 2020. As per the revised investment program for 2020, the overall amount of investments will stand at RUB 922.489 billion, which is RUB 182.235 billion less than was envisaged in the investment program approved in December 2019. Of that amount, RUB 720.674 billion (down by RUB 212.729 billion) …

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Eurasia Journal News

Gazprom Ramping up Capacities of Chayandinskoye Field

The Gazprom Management Committee took note of the information about the implementation of major investment projects. In the east of Russia, the systematic expansion of production capacities continues at the Chayandinskoye field in Yakutia. In 2020, it is planned to bring onstream 103 gas wells, a gas pre-treatment unit (GPTU-2), and a membrane unit for helium concentrate extraction. Moreover, capacity increase will be finished at the operating comprehensive gas treatment …

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Eurasia Journal News

Gazprom’s Financial Information Under International Financial Reporting Standards (IFRS) for the Six Months Ending June 30, 2020

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the six months ended June 30, 2020. The table below presents the unaudited consolidated interim condensed statement of comprehensive income for the six months ended June 30, 2020 and …

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Conference and Exhibition News and Updates

Visit OMR 2020 Exhibition – A Unique Exposition Uniting Shipbuilding and Offshore Oil & Gas!

Live and safe communication is what we all need right now! Russia is starting to open its borders. The Organising Team of OMR 2020 Offshore and Maritime Exhibition and Conference together with its exhibitors and information partners are actively preparing to meet the experts from 6 – 9 October 2020 …

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Conference and Exhibition News and Updates

Gazprom to sponsor OMR 2020 Exhibition and Conference

OMR 2020 Offshore and Maritime Exhibition and Conference will be held from 6 – 9 October 2020 in St. Petersburg in accordance with the Decree of the Russian Government. The Forum will traditionally feature discussions on the current challenges of the industry, broad geography of its participants, top-level speakers, and a large-scale …

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