Rosneft Develops a Software Package for Modeling Oil and Gas Mixture Flows
RN-BashNIPIneft specialists have developed and released the first industrial version of the RN-SIMTEP simulator designed to simulate the movement of oil and gas mixture flows at oil and gas facilities. Having your own simulator will allow you to apply artificial intelligence technologies when choosing the best design solutions. The development of …
Rosneft is Recognized as the Leader of ESG Rating by Bloomberg Among the Leading Companies in the Oil and Gas Industry
Rosneft continues to strengthen its positions in international ESG ratings (ESG stands for Sustainable Development and Responsible Investment). In the international rating of Bloomberg ESG Disclosure , which evaluates information transparency in the field of ESG, Rosneft improved its position (up to 71.83 points out of 100) and became the leader among the …
Rosneft’s Typical Design System Won the Project Olympus Competition
The Company Typical Design System (STPK) project, presented by Tyumen Oil Research Center LLC for the Project Olympus 2020 competition, entered the top five winners, becoming a finalist in the Best Project of the Year nomination in the Megaprojects category. Rosneft is the absolute leader in the development of standard …
Kondaneft Introduces Artificial Intelligence to Optimize Production Processes
Specialists of NK Kondaneft JSC (a production asset of Rosneft) have started to create a neural network for processing information from equipment installed on the wells. The digital system, based on the data obtained, selects the optimal well operation mode for the most stable oil production. Also, with the help of digital …
Rosneft: May 15 International Climate Day
On May 15, the international community celebrates Climate Day. The initiative aims to raise awareness of climate change issues affecting the well-being of not only current but also future generations. ” Rosneft” shares and actively supports international and national objectives in the fight against climate change. Adhering to the UN sustainable development goals in the …
Rosneft: Financial Results for Q1 2021
Consolidated financial results under IFRS for the I quarter. 2021: I quarter. 2021 IV quarter. 20 20 % of I quarter. 2021 I quarter. 2020 % of RUB bln (with the exception of %) Sales and income from associates and joint ventures 1737 1521 14.2% 1737 1758 1 (1.2)% EBITDA 445 364 22.3% 445 309 44.0% EBITDA margin 25.0% 23.2% 1.8 pp 25.0% 17.3% 7.7 …
Rosneft: Production Results Per Q1 2021
Sustainable Development (ESG): In February 2021, Rosneft and bp signed a Strategic Cooperation Agreement, which aims to support the activities of both companies in the field of carbon management and sustainable development. The companies agreed to jointly develop new low-carbon approaches and programs, as well as work to identify potential opportunities …
Kondaneft Introduces a System of Unmanned Aerial Complexes for Monitoring Production Facilities
The Kondaneft company, which is part of the production complex of NK Rosneft, has put into operation a domestic unmanned aerial complex for systemic monitoring of industrial infrastructure at its fields. Aircraft are capable of operating at temperatures from -45 ° C to + 45 ° C, wind speeds up to …
Russia’s Rosneft to Sell Southern Assets to Focus on Vostok Oil, Sources Say
Rosneft is selling its three southern oil assets and could complete deals for all three by the end of May, sources told Reuters on Wednesday, as Russia’s top oil company shifts focus to the giant northern Vostok Oil project. Vostok Oil, in which global commodities trader Trafigura has a 10% …
Rosneft Opens a Unique School of Geosteering
Rosneft has opened the world’s first Geosteering School designed to train highly qualified specialists in the field of drilling support. The school was opened on the basis of the corporate Center for Geological Drilling Support (TsGSBS). The curriculum includes more than 10 specialized courses. Comprehensive development of scientific and technological potential …