Oil & Gas Operators

LUKOIL to Support Creation of Kogalym Branch of State Russian Museum

A pentalateral agreement on the development of cultural cooperation in the Khanty-Mansi Autonomous District (Yugra) was signed today on the sidelines of the St. Petersburg International Economic Forum. The document was signed by Russian Minister of Culture Olga Lyubimova, Governor of Yugra Natalya Komarova, President of LUKOIL Vagit Alekperov, General Director …

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Oil & Gas Operators

LUKOIL and Rostec Draw up Cooperation Plan

Sergey Kochkurov, Vice President for Oil and Gas Production in Russia of PJSC LUKOIL, and Dmitry Lelikov, Deputy CEO of Rostec State Corporation, met today at the St. Petersburg International Economic Forum. They defined the development strategy for their joint activities envisioned by the current Cooperation Agreement. The parties plan to launch …

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Oil & Gas Operators

LUKOIL and Baker Hughes Sign Memorandum on Cooperation

Today at the St. Petersburg International Economic Forum President of PJSC LUKOIL Vagit Alekperov and Chairman and CEO of energy technology company Baker Hughes Lorenzo Simonelli have signed a Memorandum on Cooperation. This memorandum provides for the merging of the parties’ efforts, technologies and experience in the production and supply of …

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Oil & Gas Operators

3D Seismic Surveys Fully Completed at Vaneyvisskoye and Layavozhskoye Fields

A working meeting between Alexey Miller Chairman of the Gazprom Management Committee, and LUKOIL, President of LUKOIL, took place today at the St. Petersburg International Economic Forum 2021. Particular attention was paid to the progress of the project for the development of the Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous Area. It was noted that, taking …

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Oil & Gas Operators

Vagit Alekperov and Alexey Miller Discuss Joint Project in Nenets Region

President of LUKOIL Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller had a business meeting today at the St. Petersburg International Economic Forum​. The parties put a premium on the matter of development of the Vaneyvisskoye and Layavozhskoye fields located in the Nenets Autonomous District, Russia. …

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Oil & Gas Operators

Wintershall Dea: Transfers Wolgodeminoil Stake to Ritek

Wolgodeminoil, the joint venture between Wintershall Dea and RITEK, a subsidiary of the Russian oil and gas producer LUKOIL, is to become wholly owned by RITEK. On 27 May 2021, Wintershall Dea transferred its 50 per cent stake to its long-standing partner in southern Russia by mutual agreement. The transfer has …

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Oil & Gas Operators

LUKOIL and Rostechnadzor Conclude Cooperation Agreement

Alexander Trembitsky, Chairman of the Federal Environmental, Industrial and Nuclear Supervision Service of Russia (Rostechnadzor), and Vagit Alekperov, President of LUKOIL, met today at Rostechnadzor’s headquarters and signed a framework Cooperation Agreement. The document defines main cooperation domains, such as development of data exchange via modern information systems, organizing of …

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Oil & Gas Operators

LUKOIL Signs a Long-Term Agreement with the Largest Kazakhstan Operator of Marine Fields

LUKOIL Lubricants Central Asia LLP, a manufacturer of LUKOIL lubricants, signed a contract for the supply of lubricants to the North Caspian Operating Company NV (NCOC), an operator of the largest offshore oil and gas fields in Kazakhstan. LUKOIL won the company’s tender, becoming a supplier of lubricants for equipment …

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Oil & Gas Operators

LUKOIL Announces IFRS Financial Results for the First Quarter Of 2021

PJSC “LUKOIL” released its condensed interim consolidated financial statements for the three-month period ended March 31, 2021 prepared in accordance with International Financial Reporting Standards (IFRS). Financial Highlights 1Q 2021 4Q 2020   1Q 2021 1Q 2020 (RUB bln) 1,876.5 1,530.3 Sales 1,876.5 1,666.0 314.4 189.6 EBITDA 314.4 150.8 157.4 29.4 Profit (loss) for …

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Oil & Gas Operators

LUKOIL Recieves Award for Excellence in Non-Financial Reporting

LUKOIL is among the winners of the annual Russian Business Leaders: Dynamics, Responsibility, Sustainability contest, organized by the Russian Union of Industrialists and Entrepreneurs (RSPP). The jury noted the Company’s achievements by awarding it a win in the Excellence in Sustainable Development Reporting category. LUKOIL has been among the pioneers of non-financial reporting in …

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