Rosneft

You could say that the first major day of oil production in Eastern Siberia was the first batch of oil produced from the Verkhnechonskoye Oil and Gas Condensate Field (VCNG), which is located in the north of the Irkutsk Oblast. But as the VCNG development progressed, processes limiting the oil …

The deposits of the Volga-Ural basin and, in particular, the Samara Region are mainly represented by anhydrites, greenish-gray and brown siltstone, and marl. The interlaying shale deposits become unstable and disintegrate when exposed to the drilling mud. Intense disintegration gives rise to a number of drilling problems. When drilling directional …

One of the major tasks of the oil and gas field development is to maximize the oil recovery factor (ORF) at minimal cost. The solutions adopted in the field development design need to be optimized, taking into account the actual reservoir performance. Well intervention is a prime tool to improve …

A ceremonial event marking the launch of the Vostochno-Messoyakhskoye field took place today. The event was attended by Alexey Miller, Chairman of the Gazprom Management Committee, Igor Sechin, Chief Executive Officer of Rosneft, and Alexander Dyukov, Chairman of the Gazprom Neft Management Board. Russian President Vladimir Putin gave the command via a video call to start offloading oil …

Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger was represented by President for Russia and Central Asia Gokhan …

Rosneft and BP have today signed final binding agreements to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation. The document was signed at the XX St. Petersburg International Economic Forum (SPIEF) by Rosneft CEO Igor Sechin …

Generating FCF at RUB 80 bln, high operating cash flow at RUB 234 bln, with average Urals price at 32 USD/bbl Increase in EBITDA margin up to 26% in conditions of crude oil price decline Decrease in lifting costs per unit by 1.3% to 155 RUB/boe with CPI exceeding 7% …

Rosneft Oill Company and ONGC Videsh Limited have closed the transaction of selling 15% shares in Vankorneft JSC to an Indian company. This transaction shows that the project portfolio of Rosneft Oil Company can be re-evaluated more than twice. Base price of the transaction is USD 1.27 billion (about 83 …

Rosneft delegation participated in the thirteen session of the inter government Russian-Chinese commission for energy cooperation. Rosneft is the leader in the Moscow-Beijing energy dialog, Company projects with Chinese partners are the key elements of the economic cooperation between the two countries. Actual joint cooperation aspects were discussed at the …

Rosneft delegation participated in the thirteen session of the inter government Russian-Chinese commission for energy cooperation. Rosneft is the leader in the Moscow-Beijing energy dialog, Company projects with Chinese partners are the key elements of the economic cooperation between the two countries. Actual joint cooperation aspects were discussed at the …