Oil & Gas Operators

Gazprom and OMV Hold First Meeting of Coordinating Committee for Scientific & Technical Cooperation and partnership

The Coordinating Committee for scientific & technical cooperation and partnership between Gazprom and OMV held its first meeting in Moscow. The meeting was run by the Committee Co-Chairmen Oleg Aksyutin, Member of the Management Committee, Head of Department of Gazprom, and Johann Pleininger, Member of the Executive Board of OMV. The meeting addressed prospective joint efforts in the main …

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Oil & Gas Operators

Gazprom: Approves Target Metrological Upgrade Program for 2017-2022

The Gazprom Management Committee approved the Comprehensive Targeted Program of metrological support for the Company’s operations between 2017 and 2021. The Program is aimed at further improving the quality of metering Gazprom’s gas deliveries to domestic and foreign consumers. Particularly, the document stipulates measures for upgrading, reconstructing and retrofitting gas metering stations. The Program will contribute …

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Oil & Gas Operators

Gazprom: Increases 2016 Investment Program by RUB 11.011 billion

The Gazprom Board of Directors approved the adjusted Investment Program, budget (financial plan), and cost optimization (reduction) program for 2016. Pursuant to the adjusted Investment Program for 2016, the overall amount of investments will stand at RUB 853.01 billion, up RUB 11.011 billion versus the Investment Program approved in December 2015. Accordingly, the amount of long-term financial investments will …

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Oil & Gas Operators

Gazprom and India: Sign MOU on Gas Supply Pipeline – Indian Demand Set to Increase Sixfold by 2030

Alexey Miller, Chairman of the Gazprom Management Committee, and Sanjay Gupta, Chairman and Managing Director of Engineers India, today signed a Memorandum of Understanding on the sidelines of the 8th BRICS summit in Benaulim (Goa, India). The signing ceremony was held in the presence of Vladimir Putin, President of the Russian Federation, and Narendra Modi, Prime Minister of India. The Memorandum …

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Oil & Gas Operators

Association of Gas Construction Companies: Formed between Gazprom and Stroygazconsulting, Stroygazmontazh and StroyTransNefteGaz

Gazprom and major construction companies today entered into a Memorandum of Intent at the 6th St. Petersburg International Gas Forum to form the Association of Gas Construction Companies. The document was signed by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, Stanislav Anikeev, Director General of Stroygazconsulting, Sergey Garaev, Director General of Stroygazmontazh, and Vladimir Kartashyan, Director General of StroyTransNefteGaz, …

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Oil & Gas Operators

Gazprom: Board Commends Progress on Major Projects

The Gazprom Board of Directors commended the Company for the progress made on its major investment projects. It was noted that Gazprom was taking extensive countrywide efforts to set up new gas production, transmission and processing facilities and develop the existing capacities. The Company’s efforts are aimed at maintaining a …

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Oil & Gas Operators

Gazprom: Discovers New Field at the Kirinsky Prospect, Sakhalin III

In the course of geological exploration of the Kirinsky prospect in the Sea of Okhotsk, a prospecting and appraisal well was drilled in the Yuzhno-Lunskaya structure within the Sakhalin III project. As a result, a substantial gas and condensate inflow was reported, signaling the discovery of a new field. As soon as the well is tested and the geological information is analyzed, the reserves estimates for …

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Oil & Gas Operators

Vostochno-Messoyakhskoye: Start Commercial Production

A ceremonial event marking the launch of the Vostochno-Messoyakhskoye field took place today. The event was attended by Alexey Miller, Chairman of the Gazprom Management Committee, Igor Sechin, Chief Executive Officer of Rosneft, and Alexander Dyukov, Chairman of the Gazprom Neft Management Board. Russian President Vladimir Putin gave the command via a video call to start offloading oil …

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Oil & Gas Operators

Gazprom: Receives First TurkStream Permits

Gazprom received through diplomatic channels the first permits for the TurkStream project from the authorities of the Turkish Republic after the decision to resume the project this year. At last week’s negotiations between Alexey Miller, Chairman of the Gazprom Management Committee, and Berat Albayrak, Minister of Energy and Natural Resources of the Turkish Republic, the parties reached the agreement …

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Oil & Gas Operators

Gazprom and RusGazDobycha: Agree To Develope Parusovoye, Severo-Parusovoye and Semakovskoye Fields

Alexey Miller, Chairman of the Gazprom Management Committee, and Artyom Obolensky, Director General of RusGazDobycha, signed at the Eastern Economic Forum 2016 in Vladivostok a Master Agreement regarding the joint project for the development of the Parusovoye, Severo-Parusovoye and Semakovskoye fields located in the Yamal-Nenets Autonomous Area. The document is a follow-up to the agreements reached at the St. Petersburg International …

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