Eurasia Journal News

Rusgeology Is Embarking on a New Stage of Research on the Continental Shelf in the Arctic

The holding company noted that for many years Russian geologists have been successfully carrying out work on the study of the outer underwater margin of the continent in the Arctic Ocean by various methods, including remote integrated geophysical studies and direct sampling of rocks Rusgeology is embarking on a new …

READ MORE →
Eurasia Journal News

The Authorities Have Increased the Deduction for Mineral Extraction Tax for the Samotlorskoye field

Russian President Vladimir Putin signed a law that increases the deduction for the mineral extraction tax (MET) for the Samotlorskoye field of Rosneft in the period from July 1, 2024 to December 31, 2026; the total amount of the increase should not exceed 16.6 billion rubles. The relevant document is …

READ MORE →
Eurasia Journal News

Rosneft Has Started Production of More Environmentally Friendly Drilling Fluids

Angarsk Petrochemical Company (part of the Rosneft oil refining and petrochemical complex) has started production of Rosneft Drilltec B2lh drilling fluids, which have improved environmental characteristics due to the use of a low-viscosity hydrocarbon base. A new technology for the production of a more environmentally friendly hydrocarbon base has been …

READ MORE →
Eurasia Journal News

Belarus Wants to Expand Its Presence in Russia in the Oilfield Services Market

Belarusian oil companies intend to expand their presence in the oilfield services market in Russia, said Alexander Lyakhov, General Director of the Belorusneft production association. “We have our own technologies that are adapted to work both in Belarus and in Russia. In recent decades, we have been actively studying the …

READ MORE →
Eurasia Journal News

Bashneft Sets New Well Drilling Record

Bashneft (part of Rosneft) set a new record for daily drilling of a horizontal well in the Republic of Bashkortostan. Since the beginning of 2024, the maximum daily drilling rate has increased by more than 200 meters (from 444 to 647). This is the highest figure among Rosneft subsidiaries in …

READ MORE →
Eurasia Journal News

Rosneft Surveyed Sakhalin-1 for Methane Emissions for the First Time in 2023

Rosneft conducted surveys at the Sakhalin-1 project facilities for the first time in 2023 as part of a comprehensive program to detect and eliminate sources of methane emissions, the company said in its sustainable development report. The surveys were conducted both at the Odoptu and Chaivo onshore oil and gas …

READ MORE →
Eurasia Journal News

Rosneft Has Developed a “Green” Technology for Processing Drilling Waste

The production assets of the Company Samaraneftegaz, Orenburgneft and RN-Krasnodarneftegaz have successfully implemented a waste-free and environmentally friendly technology for processing drilling waste. A unique and unparalleled development in the world by Rosneft scientists allows for the production of artificial soil from drilling mud and works even at low temperatures …

READ MORE →
Eurasia Journal News

The State Duma Was Proposed to Maintain the 20% Profit Tax for the Vostok Oil Project

The government submitted a proposal to the State Duma to maintain the current tax regime for the profit tax at 20% for the Vostok Oil project, according to amendments to the second reading of the bill on improving the tax system, which Interfax has reviewed. It is noted there that …

READ MORE →
Eurasia Journal News

Rosneft Produced the 140 Millionth Ton of Oil at the Uvat Project

The accumulated production of RN-Uvatneftegaz (part of the oil production complex of NK Rosneft) has reached 140 million tons of oil since the start of operation of the fields of the Uvat project. This result was achieved through the development of production infrastructure, the commissioning of new fields, and the …

READ MORE →
Russia Oil Gas Magazine

RN-Burenie Purchased the Property of the IDS Group Asset in the Yamal-Nenets Autonomous Okrug and Khanty-Mansi Autonomous Okrug

Rosneft structure paid 255 million to Intellect Drilling Services. RN-Burenie LLC (Moscow) bought three ZJ40 mobile drilling rigs at a bankruptcy auction. The equipment is located in three fields: Komsomolskoye (Yamalo-Nenets Autonomous Okrug) and Samotlor, Kamennoye (KhMAO). The equipment previously belonged to Intellect Drilling Services LLC (Moscow). The bankruptcy trustee …

READ MORE →