Oil & Gas Operators

Rosneft: Oil Pipeline Construction Started at the Messoyakha Cluster

Messoyakhaneftegaz began constructing a pressure oil pipeline from the Messoyakha field cluster located in northern Yamalo-Nenetskiy Autonomous Area to the Zapolyarye-Purpe trunk pipeline system. The oil pipeline with a maximum throughput capacity of 7 mmtpa will be laid from both sides at the same time for a total length of …

READ MORE →
Oil & Gas Operators

Igor Sechin Held Talks on the Development of the Cooperation with the People’s Republic of China

On October 30-31, Rosneft Head Igor Sechin held talks on the development of the strategic cooperation with the People’s Republic of China in Beijing. In particular, during the visit Igor Sechin met with Vice Premier of China Zhang Gaoli, Chairman of the Chinese National Petroleum Corporation (CNPC) Zhou Jiping and …

READ MORE →
Oil & Gas Operators

Igor Sechin Held Talks on the Development of the Cooperation with the People's Republic of China

On October 30-31, Rosneft Head Igor Sechin held talks on the development of the strategic cooperation with the People’s Republic of China in Beijing. In particular, during the visit Igor Sechin met with Vice Premier of China Zhang Gaoli, Chairman of the Chinese National Petroleum Corporation (CNPC) Zhou Jiping and …

READ MORE →
Service Companies & Manufactures

Eurasia Drilling Company: Results Pleasing in – Challenging Market Environment, High Geopolitical Tensions,Declining Oil Prices and Weakening Ruble

Eurasia Drilling Company Limited, the leading onshore & offshore drilling service provider in the CIS, today announced its operational and financial update for the nine months ending September 30, 2014. The financial data is based on management assessment only and has not been reviewed by external auditors. NINE MONTHS 2014 …

READ MORE →
Oil & Gas Operators

Rosneft: Pobeda Oil Surpasses the Brent Oil and Siberian Light Quality Benchmarks

Research workers of the corporate TomskNIPIneft institute finalized the studies on the physical and chemical properties and composition of oil produced from the Universitetskaya-1 well drilled in the Kara Sea, which discovered a new arctic field named Pobeda. The results of the studies were presented to Rosneft Head Igor Sechin …

READ MORE →
Oil & Gas Operators

Rosneft: Hits Back Over Sanction Claims in Kommersant

Rosneft Oil Company is astonished by the publication in the Kommersant Newspaper that refers to participation of the company in preparation of some “proposals” related to counter sanctions. Rosneft management is not involved in the production of political decisions. It is aimed at improving the efficiency of the Company’s operational …

READ MORE →
Oil & Gas Operators

Rosneft: 9M Results – Production Up 5%, Forex Hits Net Income, Dividend to be Paid

In 9M 2014, Rosneft produced 5.1 mmboed of hydrocarbons, which is 5.0% higher than in 9M 2013. The Company’s daily hydrocarbon production is in excess of 5 mln for the third quarter in a row. The Company’s daily production of oil and liquids stabilized at 4.2 mmbd. In September 2014, …

READ MORE →
Oil & Gas Operators

Rosneft: Asks for $49bn from Russia’s National Wealth Fund

State-run oil giant Rosneft has asked for over 2 trillion rubles ($49 billion) from Russia’s National Wealth Fund to help the company withstand Western sanctions against Russia, Finance Minister Anton Siluanov said Wednesday. “Rosneft has asked the government for financial assistance in light of sanctions against Russia’s energy sector,” Siluanov …

READ MORE →
Oil & Gas Operators

Rosneft: Asks for $49bn from Russia's National Wealth Fund

State-run oil giant Rosneft has asked for over 2 trillion rubles ($49 billion) from Russia’s National Wealth Fund to help the company withstand Western sanctions against Russia, Finance Minister Anton Siluanov said Wednesday. “Rosneft has asked the government for financial assistance in light of sanctions against Russia’s energy sector,” Siluanov …

READ MORE →
Oil & Gas OperatorsUncategorized

Verkhnechonskoye Field Produced the 30-millionth Ton of Oil Since Coming on Stream

Verkhnechonskoye oil and gas condensate field produced the 30-millionth ton of oil since the beginning of commercial operating in October 2008, when Verkhnechonskneftegaz started supplies of oil to Eastern Siberia – Pacific Ocean oil pipeline. The record became possible due to effective geologic technical operations and implementation of ground infrastructure …

READ MORE →