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 …
Igor Sechin Participates in Meeting with Prime Minister of India Narendra Modi and leaders of the Energy Industry
Rosneft Chief Executive Officer Igor Sechin took part in an online meeting of Indian Prime Minister Narendra Modi with the heads of world oil and gas companies. The event was also attended by Hardeep Puri, Minister of Petroleum and Natural Gas, Minister of Housing and Urban Affairs of India; Mohammad …
Rosneft: Sells 5% in Vostok Oil to a Consortium of Vitol and MME
Rosneft and a consortium of Vitol S.A. and Mercantile & Maritime Energy Pte. Ltd. (75% – Vitol, 25% – MME) have closed a deal to sell a 5% stake in the authorized capital of Vostok Oil LLC. The deal was approved at a meeting of the Rosneft Board of Directors. …
Igor Sechin and Bernard Looney Hold a Meeting
During the Russian Energy Week-2021 (REW), a meeting was held between Igor Sechin, Chief Executive Officer of Rosneft, and Bernard Looney, Chief Executive Officer of BP. The parties discussed the prospects of cooperation development, including the possibility of gas supplies to Europe under an export contract between the companies. “Implementation …
Rosneft’s Internal Audit Service Receives the Highest Rating from International Experts
The activities of the Rosneft Internal Audit Service comply with the International Professional Standards for Internal Auditing (IA) and the Code of Ethics of the Institute of Internal Auditors, which is the highest rating for internal audit. An external assessment of the activities of Rosneft was carried out by one of …
Rosneft: Presents New Developments of Unique Software
Rosneft held a scientific and technical conference Digital Technologies in Hydrocarbon Production: From Models to Practice. More than 500 leading representatives of industry, science and IT-sphere from different cities of Russia took part in the event. The organizer was the Scientific Institute of the RN-BashNIPIneft Company. Digitalization in all areas of the …