LUKOIL Received a License for Development of The Demenevsky Subsoil Site
The LUKOIL-PERM enterprise was recognized as the winner of the auction for the right to use the subsoil of the Demenevsky site, located in the south of the Perm Territory. Its area is more than 159 km², its recoverable resources are 1.8 million tons of hydrocarbons. The license for geological …
SICIM Won The Tender For The Modernization of Gas Installations at The West Qurna-2 Field
The Iraqi Council of Ministers, as part of measures to optimize the gas sector, approved the results of a tender for the modernization of mineral impurity removal facilities and the construction of drying and compressed gas installations, as well as a nitrogen installation for the West Qurna-2 field. According to …
Lukoil Signed an Additional Agreement with Iraq to Increase Oil Production
Lukoil has entered into an additional agreement on the West Qurna 2 project in Iraq, which provides for the extension of the service contract for ten years, until 2045, and a gradual doubling of the field’s capacity with a production plateau of 800 thousand barrels per day, the company reported. …
The Head of the Board of Directors of LUKOIL, Vladimir Nekrasov, Has Died
Vladimir Nekrasov was elected head of the board of directors of LUKOIL last year, after the death of the previous head of the board, Ravil Maganov. The company reported that Nekrasov died of heart failure Chairman of the Board of Directors of LUKOIL Vladimir Nekrasov died at the age of …
LUKOIL-Western Siberia will Build a Landfill for Oil Waste Near Surgut
The 140-hectare facility will be located next to future wells LUKOIL-Western Siberia LLC will build a landfill near Surgut to dispose of production waste from the Yuzhno-Yagunskoye field. The area of the object will be 140 hectares, according to the state protection service of cultural heritage sites of the Khanty-Mansi …
LUKOIL and Nornickel Registered an Oil Production Company in Novy Urengoy
Structures of LUKOIL and Nornickel created a company in the Yamalo-Nenets Autonomous Okrug for the production of oil and associated petroleum gas – Vareineftegaz LLC. According to the Unified State Register of Legal Entities, Vareineftegaz LLC was registered on September 28 in Novy Urengoy, the authorized capital is 200 million …
LUKOIL Promises to Preserve Jobs in Komi After Merging Its Subsidiaries
Lukoil-Perm will retain tax contributions to the budget of the Komi Republic and jobs after the takeover of Lukoil-Komi. This was stated by the head of Komi Vladimir Uyba at a meeting of the republic’s Coordination Council for Strategic Management. “There will be no fundamental changes,” noted Deputy Chairman of …
KazMunayGas and Lukoil Have Formed an Operator for a Joint Project
The national oil and gas company of Kazakhstan KazMunayGas (KMG) and the Lukoil company are completing the procedures for forming the operator Kalamkas-Khazar Operating LLP of the Caspian offshore production project Kalamkas-Sea, Khazar, Auezov, the KMG press service reported. According to the press service, the head of KMG Magzum Mirzagaliev …
LPG Exports are Declining, Associated Gas Flaring is Growing
The Ministry of Energy and the Ministry of Natural Resources are ready to return to discussing the deferment from paying increased fines for excess flaring of associated petroleum gas (APG) only at the beginning of 2023. This was reported by Kommersant. The law allows flaring only 5% of APG production. …
Reagent From KFU “Lightened” Heavy Oil Directly in the Reservoir
The third injection of aquathermolysis catalyst was carried out for RITEK in the Samara Region. Scientists from the Institute of Geology and Petroleum Technologies (IGiNT) of Kazan Federal University conducted the third injection of the UniKat oil aquathermolysis catalyst at a field in the Samara Region. The news agency “Devon” …