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 …
Bashneft Reduced the Load on the Atmospheric Air by 8%
ANK Bashneft, which is part of NK Rosneft, has reduced the total load on the atmospheric air by 8% in 2020. This result was achieved thanks to the implementation of environmental projects and production modernization programs. Preserving the environment for future generations is an integral part of Rosneft’s corporate culture and …
RN-Yuganskneftegaz Produces 2.5 Billion tons of Oil
Since the beginning of field development in 1964, the oil workers of RN-Yuganskneftegaz have produced 2.5 billion tons of oil. This is 20% of all oil produced in the Khanty-Mansi Autonomous Okrug-Yugra. This volume can be compared to a train of 36 million wagons that wrapped the globe more than 10 times. …
Digital Twin Will Increase the Efficiency of the Vostochno-Messoyakhskoye Field Development
Specialists from Messoyakhaneftegaz, a joint venture between Gazprom Neft and NK Rosneft, have created a digital twin of the Vostochno-Messoyakhskoye field. A unified digital model of the Arctic oil field – the northernmost on the Russian land – united the modules that are responsible for specific production stages: development, production, treatment …
Rosneft Employees Submitted 70 Innovative Projects to the Science and Technology Leadership Competition
Rosneft held the Scientific and Technological Leadership competition for 2020 among specialists, managers and design groups of the Company’s enterprises. This year, employees of 24 subsidiaries of the company presented more than 70 reports. Based on the results of the competition, a jury consisting of Rosneft experts determined the best innovative …
Bashneft Replenished Oil Reserves by 330% in 2020
ANK Bashneft (part of NK Rosneft) in 2020, due to geological exploration, new acquisitions and revaluation of reserves of operating fields, increased oil reserves in the amount of about 43 million tons of AB1C1 category. Reserves replacement was 330%. The systematic work of Bashneft to increase the resource base is carried …