Oil & Gas Operators

NOVATEK and Ministry of Economy, Trade and Industry of Japan Sign Memorandum of Cooperation

As part of today’s Eastern Economic Forum, in the presence of the Minister of Energy of the Russian Federation Nikolai Shulginov and the Minister of Economy, Trade and Industry of Japan Hiroshi Kajiyama, PAO NOVATEK (“NOVATEK” and/or the “Company”) and the Ministry of Economy, Trade and Industry of Japan signed …

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Oil & Gas Operators

NOVATEK and JBIC sign Strategic Cooperation Agreement

As part of today’s Eastern Economic Forum, PAO NOVATEK and the Japan Bank for International Cooperation signed a Strategic Cooperation Agreement (“Agreement”) on low-carbon projects. The Parties intend to cooperate on projects to produce hydrogen and ammonia, carbon capture, utilization, and storage technologies, as well as renewable energy projects in …

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Oil & Gas Operators

NOVATEK Regrets to Announce that Viktor Orlov, a Member of NOVATEK’s Board of Directors, has Passed Away at the Age of 81

Viktor Orlov was an outstanding Russian geologist, who rose from a coal mine worker to the Minister of Natural Resources of the Russian Federation and, subsequently, a member of the Federation Council of the Federal Assembly of the Russian Federation, as well as President of the Russian Geological Society. For …

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Oil & Gas Operators

NOVATEK Established Representative Office in Vietnam

AO NOVATEK announced today it has established a representative office in Hanoi, the Socialist Republic of Vietnam (the “Representative Office”). The Representative Office will facilitate NOVATEK’s expansion into the global gas markets and provide continuous support for the Company’s prospective energy projects in Vietnam. The main tasks of the Representative …

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Oil & Gas Operators

ERIELL Group Presents H1 2021 Production Figures

ERIELL, an international oilfield services group, presents information on production indicators achieved in the first half of 2021 and upcoming projects. Despite the ongoing global economic challenges, ERIELL once again demonstrated its resilience and effectiveness having achieved new records on the most complex projects and carried out large-scale mobilizations. Vitaly …

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Oil & Gas Operators

NOVATEK Announces Consolidated IFRS Results for the Second Quarter and the First Half 2021

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and six months ended 30 June 2021 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 2Q 2021 2Q 2020   1H 2021 …

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Oil & Gas Operators

NOVATEK Creates a Subsidiary to Develop Domestic LNG Fuel Market

The Board of Directors of PAO NOVATEK resolved to create a subsidiary called NOVATEK – LNG Fuel, which will construct small-scale LNG plants, facilitate LNG wholesale markets and develop a retail network for LNG as a motor fuel, as well as provide LNG as part of the autonomous gasification program …

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Oil & Gas Operators

NOVATEK’s Board of Directors Established a Subcommittee on Climate and Alternative Energy

The Board of Directors of PAO NOVATEK established a “Subcommittee on Climate and Alternative Energy” within the Board’s Strategy Committee comprised of Dominique Marion (Chairman), Arnaud Le Foll, Robert Castaigne, Tatiana Mitrova, Alexander Natalenko and Viktor Orlov. The Subcommittee will review various aspects of the Company’s business operations and develop …

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Oil & Gas Operators

NOVATEK Releases 2020 Sustainability Report

The Board of Directors of PAO NOVATEK approved NOVATEK’s 2020 Sustainability Report that provides insights into Company’s non-financial performance to help a wide range of stakeholders learn more about NOVATEK’s sustainable business principles and the Company’s environmental, social and governance performance.  NOVATEK is honored to release its 14th Sustainability Report that …

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Oil & Gas Operators

FTSE4Good Index Reconfirms NOVATEK

PAO NOVATEK today announced that the FTSE Russell rating agency reconfirms that NOVATEK remains a constituent of the FTSE4Good Index following their June 2021 review for the fifth consecutive year.    NOVATEK’s overall ESG rating of 3.7 with the highest scores on Corporate Governance and Anti-Corruption themes is ahead of the majority …

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