Exxon, Rosneft to Build LNG Plant with Japanese, Indian partners – sources
Russia’s Rosneft (ROSN.MM) and U.S. ExxonMobil (XOM.N) plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, two sources familiar with the talks said. The four companies – Rosneft, Exxon, Japan’s SODECO and India’s ONGC Videsh (ONGC.NS)(ONVI.NS) …
Rosneft: Erginsky Cluster Production Exceeds 6,000 Tons a Day
Rosneft Oil Company has reached the level of production of more than 6 thousand tons of oil per day at the Erginsky cluster of fields. On January 1 2018. the indicator of oil production was 2,250 tons, an increase from the beginning of the year amounted to 285%. The cumulative …
Rosneft Held Extraordinary General Meeting of Shareholders
On September 28, Rosneft’s Extraordinary General Shareholders’ Meeting took place in form of absentee voting. Holders of 92.36% of the Company’s shares participated in the meeting. Shareholders approved the dividend payment, based on H1 2018 results, in the amount of 14 rubles 58 kopecks per ordinary share of the Company, …
Orenburgneft: Opens New Oil Deposit, Mamalaevskoye, on the Radovsky License
PJSC Orenburgneft, a subsidiary of Rosneft, has opened a new oil deposit, Mamalaevskoye, with total recoverable reserves of more than 2 million tons of oil. The deposit is located within the Radovsky licensed area and was discovered as a result of drilling a prospecting and evaluation well at the Mamalaevskaya …
Rosneft: Operating Results for Q2 and H1 2018
Q2 2018 AVERAGE DAILY HYDROCARBON PRODUCTION REMAINED FLAT QoQ AT 5.71 MMBOE AVERAGE DAILY LIQUIDS OUTPUT UP BY 0.8% QoQ ABILITY TO FURTHER INCREASE OUTPUT IN H2 2018 SUCCESSFUL ROSNEFT-2022 STRATEGY IMPLEMENTATION Q2 2018 GAS PRODUCTION AT 16.5 BCM Q2 2018 REFINING THROUGHPUT GROWTH IN RUSSIA BY 1.9% YoY H1 2018 REFINING …
Rosneft Develops Unique Models of “Hybrid twins”
Specialists of JSC VNIIKTIneftekhimoborudovanie (part of the corporate scientific and design complex of PJSC NK Rosneft) are implementing a project to create a unique model of Hybrid Twins, which allows to significantly improve the safety of operation of production facilities. The development of technological potential is one of the key …
Rosneft Introduces Innovative Seismic Processing Technology
Specialists of the Tver Scientific and Production Center of Slavneft-NPC LLC (part of the Rosneft Corporate Scientific and Project Complex) have developed a unique technology for processing and interpreting seismic data. Innovation allows to significantly increase the reliability of complex geological models, which increases the efficiency of geological exploration and development …
Rosneft Holds Annual General Meeting of Shareholders
Rosneft’s Annual General Shareholders Meeting was held in Krasnoyarsk on June 21. Holders of 92.54% of the Company’s shares took part in the meeting. The Meeting approved the Annual Report, Annual Financial Statements and Profit Distribution of Rosneft for 2017. The decision was taken to distribute 70.5 billion rubles (6 rubles …
Rosneft and Bashneftegeofizika Agree on the Development of High-Tech Drilling Equipment
During the St. Petersburg International Economic Forum, Rosneft and Bashneftegeofizika concluded an agreement on cooperation in the development of technologies and high-tech LWD equipment for horizontal wells drilling, as well as equipment for pay zones well testing in the exploration drilling of oil and gas wells. The volume and complexity …
Kazakhstan says Rosneft Quits and Shell Joins Kazakh Oil Project
Russia’s Rosneft has quit Eurasia, an early-stage oil exploration project in Kazakhstan, while Shell has joined it, an executive of the Kazakh company involved in the project said on Monday. The Eurasia project focuses on exploring a geological area known as the Caspian Depression in western Kazakhstan by drilling ultra-deep …