LUKOIL: Enters Exploration Project in Caspian Sea
On 28 September 2021, PJSC LUKOIL signed an agreement on acquiring a 25% participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan sector of the Caspian Sea from bp. The deal is expected to complete before the end of 2021, following its approval by the …
LUKOIL: Executives Rated Among Top-1000 Russian Managers
LUKOIL representatives are listed among the best Russian executives in the 22nd annual TOP-1000 Russian Managers rating presented by the Russian Managers Association and Kommersant Publishing House. Vagit Alekperov, President of PJSC LUKOIL, made it into the main list of Russian business leaders. Alexander Matytsyn, First Vice President, entered the top three of finance …
LUKOIL: Creates Largest Digital Model of Oil Field In Russia
PJSC LUKOIL brought into operation the largest digital model of an oil field in Russia. Creation of this complex integrated model of the Vatyeganskoye field is a part of LUKOIL’s Intelligent Field project. This one-of-a-kind project (in terms of both scale and difficulty) envisages creation of digital twins of over 3 thousand …
LUKOIL Approves Technical Policy on Energy Efficiency and Reduction of Greenhouse Gas Emissions
PJSC LUKOIL adopted a revised technical policy on energy efficiency and reduction of greenhouse gas emissions. In compliance with the requirements of climate legislation, the policy will be applied at the Company’s enterprises in Russia. The technical policy aims at improvement of energy efficiency of all work processes on the …
LUKOIL and Gazprom Neft: Form Meretoyakha Neftegaz JV to Develop a Large Cluster in YANAO
PJSC LUKOIL and PJSC Gazprom Neft concluded an agreement on creating a joint venture to develop a major oil and gas cluster in the Nadym-Pur-Tazovsky area of the Yamal-Nenets Autonomous District. The document was signed by Vagit Alekperov, President of LUKOIL, and Alexander Dyukov, CEO of Gazprom Neft PJSC, in presence …
LUKOIL: Gubkin University and Perm Tech to Develop Education Projects in Kogalym
Rector of Gubkin University Viktor Martynov and rector of Perm Tech University Anatoly Tashkinov signed a cooperation agreement today in the city of Perm, in the prescriptive of President of LUKOIL Vagit Alekperov and Governor of Perm region Dmitry Makhonin. The document envisages scientific cooperation, as well as implementation of …
LUKOIL: Supports Scientific Cooperation in Perm Region
Governor of Perm region Dmitry Makhonin and rector of Gubkin University Viktor Martynov signed an agreement on development of scientific cooperation and implementation of joint research projects today in the city of Perm, in the prescriptive of President of LUKOIL Vagit Alekperov. The document is aimed at exchange of best practices in science …
LUKOIL Continues Supporting Social Sphere in Perm Region
Governor of Perm region Dmitry Makhonin and President of LUKOIL Vagit Alekperov joined today’s ceremony of gifting new medical vehicles to 16 regional hospitals. The affair was a part of LUKOIL’s Domain of Good Deeds charity event. The delegation also attended opening ceremony of a new sports arena in the city of …
Two Billion Tonnes of Oil Produced at Lukoil’s Fields in West Siberia
LUKOIL produced today the 2-billionth tonne of oil since the beginning of commercial development of West Siberian fields. This milestone event took place on the cusp of the Company’s 30th anniversary. The first billionth tonne of oil was produced in the region in 1999. Nowadays, LUKOIL operates at 120 licence …
LUKOIL: Board of Directors Reviews the First Half of 2021 Performance
At today’s meeting of LUKOIL Board of Directors in Moscow, the members of the Board reviewed the Company’s performance in the first half of 2021, budget execution and progress on investment program. The Directors noted that LUKOIL Group achieved the main objectives for the first six months of 2021 defined by …