Eurasia Journal News

Rosneft has Discovered a Large Gas Condensate Field in Yakutia

The Taas-Yuryakh Neftegazodobycha company, which is part of the oil and gas production complex of NK Rosneft, has discovered a large gas condensate field in the Republic of Sakha (Yakutia). More than 40 billion cubic meters of gas and more than 2 million tons of gas condensate have been put on …

READ MORE →
Russia Upstream Magazine

PJSC NK Rosneft and Schlumberger Develop a Local High-Tech Drilling Equipment Market

The First Use of Russian neutron-density tool in a Triple Combo BHA at the oilfield of LLC «RN-Uganskneftegaz» for drilling of optimized casing design wells Introduction To improve well construction efficiency Rosneft has been successfully implementing two-string wells design for several years now [1]. The approach is quite innovative, it …

READ MORE →
Eurasia Journal News

RN-Purneftegaz Produces 120 Billion Cubic Meters of Gas

The cumulative production of gas “RN-Purneftegas” has reached 120 bcm 3 . The enterprise is a major center for the production of hydrocarbons by NK Rosneft in the Yamalo-Nenets Autonomous Okrug, and operates at 9 fields. High rates of gas production are ensured through the efficient implementation of geological and technical measures, drilling …

READ MORE →
Eurasia Journal News

Rosneft Recognized as the Best National Exploration Company in the International Rating Wood Mackenzie

PJSC NK Rosneft won the Best National Geological Exploration Company nomination in the international rating of the Wood Mackenzie analytical company at the end of 2020. Increasing oil and gas reserves is one of the key objectives of the Rosneft-2022 Strategy. The company has committed itself to replenishing at least 100% …

READ MORE →
Eurasia Journal News

Expert RA Agency has Affirmed the Credit Rating of Rosneft Oil Company at the Highest Level, the Forecast is Stable

The Russian rating agency Expert RA has confirmed the credit rating of Rosneft at the highest level – ruAAA, with a stable outlook on the rating. Expert RA assesses the competitive position of Rosneft as strong, including due to large proven hydrocarbon reserves and low production costs. The agency also emphasizes …

READ MORE →
Eurasia Journal News

Messoyakhaneftegaz’s New Digital Center will Increase Efficiency for Arctic Production

Messoyakhaneftegaz, a joint venture between Gazprom Neft and Rosneft, has opened an integrated field development center in Tyumen. Remote control technologies for operational processes expand the possibilities for efficient work with hard-to-recover reserves of the Messoyakhskaya group of fields. The digital center coordinates all stages of the production cycle at the …

READ MORE →
Eurasia Journal News

Rosneft Held a Road Show of the Vostok Oil Project for Suppliers and Contractors

Rosneft held a road show of the Vostok Oil project for foreign suppliers and contractors. Within the framework of the event, 5 meetings were held with representatives of companies supplying works and services, material and technical resources, as well as large contractors from Italy, Germany, China, Korea and Japan. The meetings were …

READ MORE →
Eurasia Journal News

Igor Sechin: Rosneft is Ready to Share the Success Story and is Open to Cooperation

In his report “World Energy at a Crossroads,” the Chief Executive Officer of Rosneft, Igor Sechin, noted that the investment community highly appreciated the Vostok Oil project, payments and a share buyback program, this project contributed to the growth of investment attractiveness and capitalization of Rosneft. The head of the …

READ MORE →
Eurasia Journal News

Rosneft Signs 73 Contracts Worth 616.5 Billion Rubles at St. Petersburg Economic Forum

Rosneft has signed 73 cooperation contracts for a total of 616.5 billion rubles at the XXIV St. Petersburg International Economic Forum, including over 50 contracts totaling 558.8 billion rubles to implement the strategic project Vostok Oil. The Company has signed the contracts for construction works of Vostok Oil’s first stage …

READ MORE →
Eurasia Journal News

Rosneft and Schlumberger Announce the Signing of a Technological Cooperation Agreement

As part of the XXIV St. Petersburg International Economic Forum, Rosneft and Schlumberger signed an agreement on technological cooperation in the implementation in Russia of joint innovative projects related to science, design and operation of oil and gas fields. The agreement provides for interaction in various technological areas, including the …

READ MORE →