Eurasia Journal News

Gazprom Neft Develops Projects Based on Long-term Risky Operator Agreements

The Gazprom Neft Board of Directors reviewed information on the progress of the company’s projects under long-term risk operator agreements at the fields of PJSC Gazprom and the tasks for their implementation in  2021-2022. Development of oil rims, Neocomian-Jurassic gas and gas condensate deposits, licensed by Gazprom and its subsidiaries – …

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Eurasia Journal News

Achim Development: First Gas

Achim Development LLC, the youngest joint venture between Gazprom PJSC (74.99 per cent) and Wintershall Dea GmbH (25.01 per cent), has successfully started hot commissioning of Area 4A of the Urengoyskoye oil, gas and gas condensate field in Western Siberia, and has produced first gas and condensate from the licence …

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Eurasia Journal NewsOil Gas Industry Interviews

Gazprom Interview with Vitaly Markelov

  Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee answers the questions posed by the Gazprom Magazine. Year results Mr. Markelov, how much gas and liquid hydrocarbons did Gazprom produce in 2014? In 2014 the volume of gas production totaled 443.9 billion cubic meters, which is 43.5 billion cubic meters less …

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Eurasia Journal News

Novatek: Urengoyskoye, Stage 1, Reaches Full Design Capacity

OAO NOVATEK announced today that the first stage of the Urengoyskoye field within the Samburgskiy license area developed by SeverEnergia (a joint venture between NOVATEK and OAO Gazprom Neft)  reached its full design capacity of approximately seven (7) billion cubic meters (bcm) of natural gas and 2.5 million tons of …

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Oil Gas Industry InterviewsRussia Upstream Magazine

The ROGTEC Interview: Mikhail Vilkov, Deputy General Director – Chief Engineer of RBU Russia, ERIELL Group

A year ago, ERIELL Group broke a number of records in drilling the first 1km horizontal well at the the Urengoyskoye oil and gas condensate field in the Yamalo-Nenets Autonomous District. The well was drilled in the Achim deposits. During drilling, we broke our own records for both drilling time …

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Eurasia Journal NewsUncategorized

Gazprom: Board of Directors Approves the Adjustments to the Investment Program, Budget and Cost Reduction Program for 2014

The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2014. According to the adjusted Investment Program for 2014, the total amount of investments will make up RUB 1 trillion 026.15 billion, which is a RUB 220.146 billion increase as compared …

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Uncategorized

Gazprom Neft and Novatek Agree to Equal Ownership of SeverEnergia

Gazprom Neft and Novatek have announced an agreement for 50/50 ownership of SeverEnergia’s shares. Following a series of transactions with Novatek, Gazprom Neft will increase its effective ownership of the joint owned company by 9.8% to 50%. Vadim Yakovlev, First Deputy CEO of Gazprom Neft, said: “The agreement between SeverEnergia’s …

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