Production of Udmurtneft – A Joint Venture Between Rosneft and Chinese Sinopec – Reached 320 Million Tons of Oil
Udmurtneft, a joint venture between Rosneft and the Chinese Petrochemical Corporation Sinopec, has produced the 320-millionth tonne of oil since the field began operating in 1969. Udmurtneft became not only the largest oil producing company in the territory of Udmurtia, but also the first example of successful international cooperation between …
Rosneft and CNPC: Strengthen Oil Supply Cooperation
During the visit of the delegation headed by the President of the Russian Federation Vladimir Putin to Beijing (PRC), negotiations were held between PJSC Rosneft Oil Company and China National Petroleum Corporation (CNPC) and the Agreement was signed on the supply of 100 million tons of oil to China through Kazakhstan for …
Rosneft and CNPC Agreed to Cooperate in the Field of Low Carbon Development
Within the visit of the delegation headed by the President of the Russian Federation Vladimir Putin to Beijing (PRC), PJSC Rosneft Oil Company and China National Petroleum Corporation (CNPC) signed the Memo on Cooperation in the field of low carbon development. Signatures under the document were affixed by Igor Sechin, …
Bashneft: Increased the Number of Wells Drilled by 22%
ANK Bashneft (part of Rosneft Oil Company) drilled 254 new production wells in 2021, which is 22% more than in the previous year. The successful implementation of a set of geological and technical measures, along with other factors, made it possible to significantly exceed the oil production plan in 2021. An …
The 25 millionth Ton of Oil was Produced at the Messoyakha Project
The cumulative production of Messoyakhaneftegaz, a joint venture between Rosneft and Gazprom Neft, has exceeded 25 million tons of oil since the start of the development of the Vostochno-Messoyakhskoye field. Currently, about 500 production wells in the licensed area provide a daily production of 18 thousand tons of oil equivalent. In …
RN-Nyaganneftegaz: Replenished Oil Reserves by 282% in 2021
The RN-Nyaganneftegaz company, which is part of the oil production block of Rosneft Oil Company, replenished its reserves by 282% or almost 13 million tons of oil in 2021 based on the results of geological exploration and production drilling. Increasing the efficiency of reserves replenishment is one of the key …
Samotlorneftegaz: Increases the Speed of Drilling Horizontal Wells
Samotlorneftegaz, which is part of Rosneft’s oil production unit, has drilled two horizontal wells using a unique bicentric bit design. Such a constructive solution made it possible to increase the average ROP to 53.5 m/h, which is 23.5 m/h higher than the planned figure. In addition to increasing the penetration rate, …
Strategic Cooperation Between Rosneft and BP Exceeds 20 Years
In 1996, the first BP gas station complex opened in Moscow. Currently, the brand’s network has 129 stations located in Moscow and the Moscow region, in St. Petersburg, Pskov, in the Leningrad, Tver, Smolensk and Novgorod regions. The network operator is now Rosneft. Today, the basis of strategic cooperation between …
Rosneft: Board of Directors Approves “ROSNEFT-2030” Strategy
Rosneft Board of Directors approved the new strategy “Rosneft-2030: Reliable Energy and Global Energy Transition”. Rosneft achieved most of the targets set in “Rosneft-2022” strategy ahead of schedule by the end of 2021. The new strategy is built upon the achievements of the previous strategic cycle and, at the same …
Rosneft: Upgraded its Position in S&P Global’s International ESG Rating
The financial analytics and credit rating company S&P Global upgraded Rosneft’s industry sustainability S&P Global ESG Scores rating by 14 points to 68 percentile while the overall Company’s score was upgraded to 47. Business and corporate ethics, environment protection information disclosure and social responsibility performance of Rosneft received the highest …