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 …
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, …
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 …
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 …
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 …
Igor Sechin Made a Working Visit to Azerbaijan
Igor Sechin made a working trip to Azerbaijan. In the course of the visit the Head of Rosneft met with SOCAR’s chief Rovnag Abdullaev. The parties discussed the execution of joint projects in the area of oil production and refining in Russia and Azerbaijan. Afterwards Rosneft head and SOCAR President …
Nizhnevartovsk Oil and Gas Producing Company Starts Industrial Exploration of South-Uzunsky Licensed Site
Rosneft subsidiary Nizhnevartovsk oil and gas producing company starts commercial drilling on South-Uzunsky licensed site situated in the Khanty-Mansiysk Autonomous District-Yugra Two drilled wells provided average daily flow rate of 50 tons each. It is planned to drill 12 recovery wells, 5 service wells and 1 prospect well at the …
Rospan Carried Out a Record Hydrofracturing at the Urengoiskoe Field
Rospan International (Rosneft subsidiary) carried out a record hydrofracturing at the Urengoiskoe field, which resulted in the 9 times increase of production rate. There had been pumped 400 tons of proppant to benches of Achimov formation, which proved the efficiency of a record hydrofracturing at the 2-06-03 well. The previous …
Rosneft Finished Geologic Exploration in Barents Sea
Rosneft has finished performing comprehensive geophysical exploration, including seismic data acquisition 3D and gravimagnetic survey on the West-Prinovozemelsky licensed site on the continental shelf of the Barents Sea. The scope of work totaled 2.8 thousand square km. The specialized scientific research vessel «Geo Caribbean» was used to conduct works. As …
Rosneft and CNPC Strengthen Strategic Cooperation
Rosneft and Chinese National Petroleum Corporation (CNPC) signed an agreement for the extensions of strategic cooperation. The document was signed by Rosneft Head Igor Sechin and CNPC Vice President Wang Dongjin. The signing ceremony was led by the Prime Minister of the Russian Federation Dmitry Medvedev. The agreement envisages elaboration …