RussNeft: Produced 7m Tonnes of Crude Oil in 2017, Fulfilling the OPEC+ Agreement
“PJSC “RussNeft” is forecasted to have extracted more than 7 million tonnes of crude oil and around 2.5 billion cubic metres of gas in 2017, which is fully consistent with Company`s obligations under OPEC+ agreement and the previous year level”, says the press release of the company. According to the …
PJSC “RussNeft” Will Produce Additional 450 Thousand Tonnes of Oil Due to Well Intervention Activities
RussNeft will add about 450 tonnes of oil production in 2017 due to well intervention works, the Company states. Following the results of the 9 months of 2017, AO Varioganneft, OAO Saratovneftegaz, and OAO Ulyanovskneft are the leaders in the well intervention efficiency growth. The well intervention specific efficiency is …
RussNeft: Bazhenov Sredne-Shapshinskoye Field Testing at 100 T/D
“In the course of testing of Bazhenov Formation, RussNeft obtained a flow rate of 100 tonnes per day at Sredne-Shapshinskoye field”, says the press release of the company. Bazhenov Formation (a group of petroliferous rock beds) in West Siberia contains tight oil. As Rosnedra previously reported, oil reserves at the …
$2 BLN for RussNeft
Mikhail Gutseriev’s oil company plans IPO at Moscow Exchange. According to RBC information, RussNeft oil company, owned by Mikhail Gutseriev and his family, intends the IPO with the listing of 25 to 49% of shares by the end of the year at Moscow Exchange. PLANNING THE TRANSACTION Mikail Shishkhanov, B&NBANK President …
Russneft: Glencore to Convert Assets into 49% Stake
Swiss mining giant Glencore PLC is negotiating a deal to restructure its stake in RussNeft, one of Russia’s 10 biggest oil companies, according to a person familiar with the deal reported the WSJ. Glencore plans to convert assets it has in RussNeft subsidiaries into a 49% stake in the Russian …
The plan for the “Moscow Annual Oil and Gas Conferences” for 2013
Moscow oil and gas conferences (NEFTEGAZSNAB, NEFTEGAZSTROY, NEFTEGAZOPERERABOTKA, NEFTEGAZSERVICE, NEFTEGAZSHELF) aim at widening cooperation of oilmen and gas workers with their contractors and suppliers. Representatives of great many companies will be moderating the conferences as speakers and experts, the ones from Gazprom, Transneft, LUKOIL, ТNК-BP, Rosneft, Surgutneftegas, RussNeft, Slavneft, Tatneft, …
Salym Petroleum Development – APG – The Triple Energy Partnership
Salym Petroleum Development N.V. (SPD) developing Salym group of oil fields in Western Siberia has successfully implemented a gas utilization project. This unprecedented example of solving the issue of associated petroleum gas (APG) utilization is based on the mutual partnership between three private companies and on cooperation between business and …