Rosneft has Invested More than 200 Billion Rubles in APG Utilization Projects Over 10 years
In the period from 2013 to 2022, Rosneft Oil Company PJSC invested about 204 billion rubles in projects to involve associated petroleum gas (APG) in the beneficial use. The results of the Company’s large-scale Investment Gas Program and a set of measures in the field of low-carbon development are presented …
Samotlorneftegaz Increased the Level of Rational Use of Associated Petroleum Gas to 99%
Samotlorneftegaz, which produces an asset of NK Rosneft, in 2022 brought the level of useful use of associated petroleum gas to a historical maximum of 99%. This is one of the best indicators in the industry. Increasing the efficiency of production assets is one of the key elements of the …
TNNC Creates Digital Core Research Technologies
Specialists of the Tyumen Oil Research Center (part of the research and design unit of Rosneft), together with the non-state development institute Innopraktika, continue to work on the creation of digital core research technologies. The corporate software complex “RN-Digital Core” is designed to study the properties of rocks through mathematical …
World Oil Reserves Are Already Replenished by 90 Percent, Igor Sechin Said
Underinvestment occurs not only in oil production, but also in exploration, world reserves are already being replenished by only 90%, Rosneft head Igor Sechin said at the St. Petersburg International Economic Forum. “Underinvestment occurs not only in production, but also in exploration, which has already led to an undercompensation of …
Igor Sechin Urged to Make the Oil and Gas Sector a Priority
Improving technologies in traditional oil production reduces emissions more than immature alternative technologies, the oil and gas sector at the current stage of the green transition should become a priority for development, said the head of Rosneft Igor Sechin, speaking at the St. Petersburg International Economic Forum. “Today, improving technologies …
Rosneft and CNPC Discussed the Implementation of Joint Production Projects
The head of Rosneft, Igor Sechin, and the chairman of the board of directors of CNPC, Dai Houlian, discussed the prospects for the implementation of joint production projects and cooperation in the technological field at the SPIEF, the Russian company said. “Igor Sechin and Chairman of the Board of Directors …
Three Russian Companies Will Jointly Explore the Continental Shelf
Rosneft, Rosgeologiya and Innopraktika signed contracts on the sidelines of the SPIEF to conduct research work to study the Russian continental shelf, the oil company said. “As part of the 26th St. Petersburg International Economic Forum, PJSC NK Rosneft, the non-state development institute Innopraktika and JSC Rosgeo signed contracts to …
R&D Center for Gas&Oil Tech Took Part in the Rosneft XIV Corporate Conference for Well Construction and Sidetracking
On May 26, 2023, the XIV Corporate Conference on well construction and sidetracking completed its work based on the results of work for 2020-2022. (Orenburg), where a report was made on “Interactive-industrial professional retraining of drilling supervisors of Rosneft Oil Company” by the President of JSC “NIPTs GNT” V.V. Kulchitsky, …
Rosneft Has Reduced the Cost of Hydrocarbon Production in Russia
Rosneft, thanks to strict cost control in the first quarter of 2023, reduced operating costs for hydrocarbon production in Russia by 5% qoq to less than $3 per barrel of oil equivalent, the company said. “The company is systematically working to reduce operating costs to a minimum level, despite the …
Daily Production at Sakhalin-1 Increased by 1.8 Times, Igor Sechin Said
Daily production at Sakhalin-1 increased by 1.8 times in the first quarter, becoming the driver for the growth of Rosneft’s hydrocarbon production, but the forced shutdown of the project due to the departure of the American ExxonMobil had a negative impact on the technical conditions for field development, the head …