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Halliburton and Gazprom Neft Enter Into Technology Cooperation Agreement

Halliburton has entered into an agreement of cooperation with Gazprom Neft for the introduction of new technologies to improve operational efficiency in Gazprom Neft fields. – Agreement calls for new technologies to improve operational efficiency in Gazprom Neft fields – Companies will collaborate on technological solutions for hard-to-recover reserves, unconventional …

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Gazprom Neft to Study Shale Oil Reserves at the Krasnoleninskoye Field

Gazprom Neft has approved the continued study of oil reserves at the Bazheno-Abalaksky complex of the Palyanovskaya zone at the Krasnoleninskoye field (which is being developed by Gazpromneft-Khantos). The project’s new phase involves drilling four inclined wells to a depth of 2,700-2,800 meters over the next year. Drilling will start …

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Gazprom Neft: Confirms GSP Jupiter Drilling Rig for Geological Exploration of the Dolginskoye field

Gazpromneft Sakhalin, a subsidiary of Gazprom Neft and the operator of Dolginskoye oil field located on Russia’s Arctic shelf, has contracted the GSP Jupiter, a jack-up drilling rig. Under the contract between Gazpromneft Sakhalin and Grup Servicii Petroliere S.A. (GSP), the Romanian company that owns the rig, the GSP Jupiter …

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GSP Offshore to Provide Offshore Drilling and Support Service for Gazprom Neft

Operations are scheduled to start at the beginning of June and will be carried out in Dolginskoye oil field, located in the Pechora Sea, in the south eastern part of the Barents Sea, the continental shelf of the Russian Federation. MODU GSP Jupiter shall perform the drilling, logging, completion and …

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Gazprom Neft and TNK BP: First Messoyakha Oil Produced

Gazprom Neft and TNK-BP report that first oil has been produced by the pilot project at the Vostochno-Messoyakhskoe field. The inflow received from the first two development wells points to the field’s high potential. The project is being implemented by Messoyakhaneftegaz, which is Gazprom Neft and TNK-BP’s joint venture controlled …

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TNK-BP and Gazprom Neft Agree to Optimize Slavneft Governance Structure

TNK-BP  and Gazprom Neft have agreed to launch a project to optimize governance of the Slavneft group , which they own on a parity basis. The ownership structure of Slavneft will remain unchanged. The project, which is subject to the finalization of certain corporate procedures, envisages that additional management and decision making authorities will …

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Gazprom Neft negotiates an interest rate reduction on its $1.5 billion loan

Gazprom Neft has signed an agreement to reduce the interest rate from Libor +2.1% to Libor +1.6% per annum on its $1.5 billion syndicated loan that it secured in 2010. The agreement to provide a five-year $1.5 billion secured loan was concluded on 30 June 2010. The Bank of Tokyo-Mitsubishi …

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