Rosneft: Confirmed its Compliance with International Standards in the Field of Industrial Safety, Labor Protection and the Environment
Rosneft’s Integrated Industrial Safety, Labor and Environment Management System (IMS HSE) was once again recognized as complying with the requirements of international standards ISO 45001: 2018 “Occupational Safety and Health Management System” and ISO 14001: 2015 “Environmental Management System”. Ensuring industrial safety, labor protection and environmental protection is a priority …
Rosneft – BP Joint Venture: Names Field in Taymyr after Hero of the Russian Federation E.N. Zinichev
The State Reserve Commission (GKZ) confirmed the discovery of a new gas condensate field in the Taymyr Peninsula. The field with 384 billion cubic meters of gas reserves was discovered by exploration well No.1 drilled at the Verkhnekubinskoye subsoil area, the license for which is held by Ermak Neftegaz LLC, …
Rosneft: Q3 and 9M 2021 Financial Results – Record Company Profit
Consolidated IFRS financial results for 3Q 2021 and 9M 2021: 3Q 2021 2Q 2021 Change, % 9M 2021 9M 2020 Change, % RUB bln (except %) Revenues and equity share in profits of associates and joint ventures 2,320 2,167 7.1% 6,224 4,2361 46.9% EBITDA 638 571 11.7% 1,654 845 95.7% EBITDA margin 27.0% …
Rosneft: Q3 and 9M 2021 Production Results – Drilling Activity Up 40% YoY
ESG Rosneft continues to implement activities under the Carbon Management Plan until 2035. Within the Plan’s framework, in the reporting period, the Company agreed with Equinor, ExxonMobil and Japan’s Natural Resources and Energy Agency (part of METI) on cooperation in the area of emissions management. The collaboration includes the study …
Rosneft and CNPC held a meeting of the Joint Coordinating Committee
Rosneft and China National Petroleum Corporation (CNPC) held the fourth meeting of the Joint Coordinating Committee (JCC) via videoconference. The agreement on the establishment of the Joint Coordinating Committee of Rosneft and CNPC was signed on May 15, 2017 during the official visit of Russian President Vladimir Putin to China. The …
Orenburgneft: Increased its Drilling Footage by 30%
Orenburgneft (Rosneft’s producing asset) drilled 30% more rocks in 9 months of 2021 than in the same period in 2020. At the same time, the ROP increased by an average of 2% due to the modernization of the rock cutting tool. The bits have high reliability and improved wear at maximum ROP. …
Rosneft: Receives 60 Proposals for Cooperation on the Vostok Oil Project
Rosneft has completed a series of roadshows for the Vostok Oil project for foreign suppliers and contractors. The company received about 60 proposals for cooperation. As part of the event, Rosneft held 16 meetings with major suppliers of work and services and engineering companies from 15 countries in Europe, Asia and …
Igor Sechin: Made a Keynote Speech at a Special Session at the XIV Eurasian Economic Forum in Verona
Rosneft Chief Executive Officer Igor Sechin made a keynote speech at a special session “Reliable Energy and Global Energy Transition” at the XIV Eurasian Economic Forum in Verona (Italy). The event was also attended by ex-Chancellor of Germany and Chairman of the Board of Directors of Rosneft Gerhard Schroeder, Deputy …
Rosneft: Increases Vostok Oil Prooven Reserves with Gushing Well
Geologists of Vostok Oil, the largest oil and gas project of NK Rosneft, during geological exploration at the Lodochny field, proved the oil saturation of the Nizhnekhetskaya suite and justified its inclusion in the main development targets. The exploration well received a gushing flow of waterless oil with a flow rate …
Rosneft: Results of Field Season of Arctic Scientific Research
The first geological wells in history were drilled in the water area of the Eastern Arctic during the research expedition of PJSC NK Rosneft. The work was carried out in the Laptev Sea, in the area of the Kotelny and Novaya Zemlya islands. The purpose of the expedition was to take core …