Vladimir Putin Congratulates Lukoil Staff on Company’s 30th Anniversary
Vladimir Putin, President of the Russian Federation, sent a message to the personnel of PJSC LUKOIL, congratulating them on the 30th anniversary of the Company. The head of the state noted that LUKOIL celebrates its anniversary while flourishing, showing confident growth and occupying solid positions in the domestic and global …
LUKOIL: Employees Receive National Awards On Occasion of Company’s 30th Anniversary
A ceremony of national awards presentation to LUKOIL Group employees in celebration of the Company’s 30th anniversary took place in the Kremlin, Moscow, Russia. Sergei Kiriyenko, First Deputy Chief of Staff of the Presidential Executive Office, presented the Order of Alexander Nevsky to Vagit Alekperov, President of LUKOIL. Forty other …
LUKOIL: Gas Production at its Uzbekistan Projects Reaches One Hundred Billion Cubic Metres
The cumulative natural gas production reached 100 bcm at the projects implemented by LUKOIL in Uzbekistan since 2004. This mark became a notable achievement on the eve of LUKOIL’s 30th anniversary. The bulk of this gas (over 70%) was extracted at the Kandym-Khauzak-Shady fields in the Bukhara region. In 2008, …
LUKOIL: 2021 9M and Q3 Financial Results – Revenue Up 17.6% qoq
PJSC LUKOIL today published condensed interim consolidated financial statements for the three and nine months ended September 30, 2021, prepared in accordance with International Financial Reporting Standards (IFRS). Key financial indicators 3 sq. 2021 2 sq. 2021 9 months 2021 9 months 2020 (RUB bln) 2,588.7 2 201.9 Revenues from sales 6 667.1 4 109.1 355.2 339.8 …
LUKOIL: Makes a New Oil Discovery at Block 12 in Mexico
LUKOIL announces discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico. The field was discovered after drilling the first exploration well. According to preliminary estimates, the initial oil in place reaches 250 million barrels. The Yoti West-1 EXP well was drilled 60 km offshore …
LUKOIL: Successfully Tries Out Casing Drilling
As a part of its technical and economic optimization programme, LUKOIL conducted controlled directional casing drilling at its Bayandyskoye and Pyakyakhinskoye fields, and received encouraging results. The Republic of Komi became the first region where the Company performed controlled directional 245 mm casing drilling featuring extractable bottom hole assembly. At …
Head of Lukoil Visits Kazakhstan
The President of the Republic of Kazakhstan Kassym-Jomart Tokayev met with President of LUKOIL Vagit Alekperov in the city of Nur-Sultan, today. The parties discussed LUKOIL’s progress in projects in Kazakhstan and plans for the future cooperation. During his business trip to Kazakhstan, Vagit Alekperov also had meetings with Prime …
One Billion Barrels of Oil Produced by LUKOIL at West Qurna-2, Iraq
LUKOIL has produced one billion barrels of oil at West Qurna-2, Iraq, since the launch of commercial operation of the field. The landmark achievement has been reached as the company stands on the threshold of its 30th anniversary. Special events on the occasion of the company’s milestone year were attended …
LUKOIL: Reports Preliminary Operating Data for the Third Quarter and Nine Months Of 2021
For the nine months of 2021 LUKOIL Group’s average hydrocarbon production excluding the West Qurna-2 project was 2,116 thousand boe per day, which is 2.5% higher year-on-year, while in the third quarter of 2021 hydrocarbon production increased by 3.2% quarter-on-quarter. The production growth was attributable to the dynamics of the …
Ugra Oilmen Produced the 300-Millionth Ton of Uray Oil
In Ugra, 300 million tons of Uray oil have been produced. A test tube with a jubilee sample of black gold was handed over to the Governor of the Okrug Natalya Komarova at the end of last week during her working trip to Urai. During his visit to the Uraineftegaz Chamber …