Eurasia Journal News

Rosneft Holds Round Table with Japanese Business Representatives at the Eastern Economic Forum

As part of the 5th Eastern Economic Forum, Rosneft has held a round table with leading representatives of the energy industry of Japan and heads of major Japanese corporations. Participants of the event discussed the prospects of cooperation and the existing projects of Rosneft and Japanese companies.  The event was …

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Eurasia Journal News

Rosneft: FEFU to Conduct Survey for Rosneft to Determine Structural Behaviour of Deformed Ice

Rosneft Oil Company and Far Eastern Federal University (FEFU) have signed a contract for research aimed to determine the structural behaviour of deformed ice for the design of marine hydraulic structures, during the 5th Eastern Economic Forum. The scope of work under the contract provides for studies of deformed ice …

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Russia Upstream Magazine

New to RDCR-2019 Supervision Services Hall “Supervision in Drilling and Oil&Gas Production”

For the first time at the RDCR-2019 Roundtable, a Hall focused on “Supervision in Drilling and Oil&Gas Production” was organized where the actual issues of supervision development were discussed in open dialogue between supervision companies and the representatives of oil and gas companies. The supervision of drilling and oil and …

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Eurasia Journal News

Rosneft Holds Annual General Meeting of Shareholders

Total dividend per share for 2018 is 25 rubles 91 kopecks, 274.6 billion rubles will be distributed as dividends including dividends for H1 2018.  Rosneft’s Annual General Shareholders Meeting was held in Saint Petersburg on June 4. Holders of 91,39% of the Company’s shares took part in the meeting. The …

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Conference and Exhibition News and UpdatesEurasia Journal News

RDCR Well Engineering Forum 2019 Continues With Strong Debates

RDCR Well Engineering Forum has been very successful today with 500 delegates enjoying the Roundtable format for discussions. This Operator led show in terms of content has the highest ratio of ‘customers to service providers’ of any oil and gas forum in the FSU.

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Eurasia Journal News

Orenburgneft entered in the commercial development of three new fields

JSC “Orenburgneft”, a subsidiary of Rosneft, has started commercial operation of three new oil fields in the South Orenburgskoy region – Bolotovskogo, Eastern and South — Bolotovskogo. Their initial recoverable reserves of AV1B2 categories are 5.4 million tons of oil. The introduction of new fields is part of a large-scale …

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Eurasia Journal News

Zoltav Resources: Appoints Tigran Tagvoryan as Chief Executive Officer

Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces the appointment of Tigran Tagvoryan as Chief Executive Officer (non-board) of the Company effective immediately. Mr Tagvoryan joined Zoltav in November 2018, initially as Deputy Chief Executive Officer. He has significant senior level project development, finance, management and …

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Eurasia Journal News

RN-Uvatneftegaz: Reserve Replacement Running at 238%

Replenishment of oil reserves of RN-Uvatneftegaz, a subsidiary of Rosneft, amounted to 238% in 2018. Replacement reserves of industrial categories АВ1С1 amounted to 25.2 million tons. High rates of exploration and drilling allowed to achieve such growth. According to the exploration program, 17 exploratory and exploratory wells were built on …

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Eurasia Journal News

Tyumenneftegaz: Achieves 30% Increase in Downhole Splitter Drilling at the Russkoe Field

Tyumenneftegaz, a Subsidiary of Rosneft, drilled 15 downhole splitters at Russkoe field in 2018, which is 30% more year-on-year. All the drilled horizontal wellbores and laterals are over 16 000 km in length. This technology enables increasing a start-up oil rate by 20-30%, as compared to a conventional horizontal well. Given geology …

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Conference and Exhibition News and UpdatesEurasia Journal News

RDCR 2019: Agenda Released!

With 5 weeks to go until Russia’s largest Well Engineering Forum, the organisers are proud to release the agenda. Did you know that no other forum in Russia attracts so many delegates from the drilling and production teams of Russia’s large, medium and smaller operators? At TMG Worldwide, we pride …

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