2,000 km of Winter Roads Were Built to Supply Vostok Oil facilities
RN-Vankor (part of Rosneft’s oil and gas production complex) has built record-breaking winter roads for the Vostok Oil project. 2000 km of winter roads pass through the territory of the north of the Krasnoyarsk Territory and the Yamalo-Nenets Autonomous Okrug. They connect the facilities of the RN-Vankor oil transportation system …
The Economic Effect From the Implementation of the Orenburgneft Energy Saving Program for Three Years Amounted to More Than 500 Million Rubles
The Orenburgneft company (part of the Rosneft oil production complex) has saved more than 187 million kWh of electricity in three years. In monetary terms, the effect exceeded 500 million rubles. Including in 2022, the savings amounted to more than 147 million rubles. Increasing the efficiency of production assets is …
RN-Vankor Increased Well Flow Rate by 1.5 Times
The RN-Vankor company, which is part of the oil and gas production unit of NK Rosneft, increased the flow rate of a production well at the Vankor field by 1.5 times. It was possible to increase the reservoir productivity from 31 to 80 tons per day thanks to the use …
Igor Sechin Presents Keynote Speech at Special Session of 15th Verona Eurasian Economic Forum
Igor Sechin, Chief Executive Officer of Rosneft Oil Company, presented the keynote speech “The Flood on the Energy Market. The Second Abduction of Europa” at the Special Session of the 15th Verona Eurasian Economic Forum. The Special Session titled “The new reality of commodity and energy markets” has been attended …
RN-Yuganskneftegaz Increased the Initial Debit of a Multilateral Well by 60%
RN-Yuganskneftegaz, the largest producing asset of Rosneft Oil Company, has commissioned a horizontal well at the Vstrechnoye field, which was drilled using the Fishbone* technology. The initial flow rate of the well was 500 tons of oil per day. This is 60% more than standard horizontal wells in this field. …
Orenburgneft Invests 1.5 Billion Roubles in Green Programmes in 2021
Orenburgneft (Rosneft’s producing asset) invested 1.5 billion roubles in environmental protection and restoration activities in 2021. Main environmental activities include key projects related to improving pipeline reliability, rational use of associated petroleum gas, efficient management of water and energy resources, land reclamation and biodiversity conservation, as well as continuous monitoring …
Rosneft’s Board of Directors Approved Resumption of Share Acquisition Program
The Board of Directors of Rosneft resolved to resume the Program for open-market acquisition of Company’s shares and global depositary receipts certifying the rights to such shares (hereinafter, the Program), and to extend the Program deadlines until December 31, 2023. At the same time, the scope and other parameters of …
bp: to Exit Rosneft Shareholding
The bp board today announced that bp will exit its shareholding in Rosneft. bp has held a 19.75% shareholding in Rosneft since 2013. Additionally, bp chief executive officer Bernard Looney is resigning from the board of Rosneft with immediate effect. The other Rosneft director nominated by bp, former bp group …
Bashneft: will Reduce the Time for Well Testing by 150 times
To increase the efficiency of well survey, specialists from ANK Bashneft (part of Rosneft) began using Russian-made wireless dynamographs*. The new equipment has already been installed at 245 wells that are producing oil using rod pumps. In 2022, the number of new dynamographs will be increased to almost 2,000 units. At the first …
Bashneft: Replenishes Oil Reserves by 305% in 2021
ANK Bashneft (part of the Rosneft Oil Company) in 2021 increased its AB1C1 oil reserves by 43.2 million tons in 2021 through exploration, new acquisitions and reassessment of the reserves of producing fields, which made it possible to replenish annual production by 305% . Bashneft’s systematic work to build …