Oil & Gas Operators

NOVATEK: Announces Consolidated IFRS Results for the Third Quarter and the Nine Months 2020

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and nine months ended 30 September 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 3Q 2020 3Q 2019   9M 2020 …

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Conferences & ExhibitionsOil & Gas Operators

RDCR & KDR 2020 – 6 Weeks Left!

Join us Online for a Combined RDCR & KDR on the 4th December 2020 With only 6 weeks left until the largest virtual gathering of Russian and Kazakh drilling and production specialists – check your agenda and make sure you have REGISTERED! In every crisis, there is opportunity. For one …

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Conferences & ExhibitionsOil & Gas Operators

RDCR & KDR Combine and Go Virtual in 2020!

Join us Online for a Combined RDCR & KDR on the 4th December 2020 Due to the current worldwide travel restrictions, the organising committee will combine RDCR and KDR in 2020 to host what will be the largest virtual gathering of Russian and Kazakh drilling and production experts yet seen …

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Oil & Gas Operators

ERIELL Celebrates 10 Years of Cooperation with Arcticgas

ERIELL, the international oilfield services group, is celebrating the ten-year anniversary of its successful involvement with Arсticgas (a joint venture between NOVATEK and Gazprom Neft). Vitaly Dokunikhin, First Deputy Chairman of the Management Board of ERIELL Group and General Director of ERIELL NEFTEGAZSERVICE LLC said: “Articgas is the company where …

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Oil & Gas Operators

NOVATEK Shipped First LNG Cargo to United Arab Emirates

PAO NOVATEK announced today that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, shipped the first cargo of liquefied natural gas (“LNG”) from the Yamal LNG project to the United Arab Emirates under a spot contract. The LNG cargo was transshipped in Europe onto the conventional LNG …

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Oil & Gas Operators

NOVATEK-Tarkosaleneftegas Commences Production from the the North-Russkoye and East-Tazovskoye Fields

PAO NOVATEK announced that NOVATEK-Tarkosaleneftegas, a wholly owned subsidiary, commenced pilot production from gas condensate bearing layers of the North-Russkoye and East-Tazovskoye fields with cumulative total annual production capacity of 7.7 billion cubic meters of natural gas and 1 million tons of gas condensate. “Our production growth in the area …

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Oil & Gas Operators

NOVATEK Shipped First LNG Cargo to Japan via Northern Sea Route

PAO NOVATEK announced today that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, shipped the first cargo of liquefied natural gas (“LNG”) from the Yamal LNG project to Japan transported eastbound via the Northern Sea Route. The LNG cargo was delivered by the LNG tanker “Vladimir Rusanov” under a …

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Oil & Gas Operators

NOVATEK: Condensate Treatment Capacity Expanded at the Samburgskiy License Area

PAO NOVATEK  today announced that Arcticgas, a joint venture between NOVATEK and PAO Gazprom Neft, expanded the gas condensate treatment facility’s capacity at the Samburgskiy license area to accommodate the increased volumes of gas condensate from developing the Achimov horizons. Pilot operation started at the facility’s third stage with a …

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Oil & Gas Operators

NOVATEK Obtains the South-Yamburgskiy License Area

PAO NOVATEK announced today that NOVATEK-Yurkharovneftegas, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the South-Yamburgskiy subsoil area located in the Nadym District of the Yamal-Nenets Autonomous Region in close proximity to the North-Urengoyskoye field of NOVATEK’s joint venture Nortgas. The license area …

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Oil & Gas Operators

NOVATEK Obtains the East-Ladertoyskiy License Area

PAO NOVATEK announced today that NOVATEK-Yurkharovneftegas, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the East-Ladertoyskiy subsoil area located on the Gydan Peninsula in the Yamal-Nenets Autonomous Region. The license area has estimated hydrocarbon resources of 184 billion cubic meters of natural gas …

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