LUKoil Starts Production Drilling At The Imilorsko-Istochniy License Area Ahead Of Schedule
Vagit Alekperov, OAO LUKOIL President, participated in the ceremony dedicated to the start of production drilling at the Imilorsko-Istochniy license area today. The prompt launch puts the Company considerably ahead of schedule in the implementation of the Early Oil project at the Imilorsko-Istochniy license area.The original plan was to start …
Alexey Miller and Vagit Alekperov Address Current and Further Cooperation
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL. The parties discussed issues concerning the current and further cooperation. In particular, the meeting touched upon gas supplies from the LUKOIL fields in the Bolshekhetskaya Depression and the Northern Caspian Sea. The …
LUKOIL Acquires 100% OF Samara-Nafta
LUKOIL and the owners of ZAO Samara-Nafta signed a purchase and sale agreement for 100% of the shares of ZAO Samara-Nafta, the oil producing company in Samara and Ulyanovsk regions of the Russian Federation. The oil production rate comes to around 2.5 million tons of oil per year. The company …
LUKoil Top Management Continue Share Purchases
President Vagit Alekperov and Vice-president Leonid Fedun of OAO LUKOIL over the last two weeks made acquisitions in Company stock in the amount of 140,000 shares and 31,875 shares at market price, which amounted to RUR 281 million and RUR 63.7 million, respectively. As a result of the transactions, Vagit …
Board of Directors of Lukoil Approves the Company’s Management Committee Members
The Board of Directors of OAO LUKOIL held a meeting today in Moscow to resolve a number of issues related to corporate governance. Among other things, the following members of the Management Committee were approved: Name Position 1. Vagit Alekperov President 2. Anatoly Barkov Vice-President, General Affairs, Corporate Security and …
Lukoil starts active development at the West Qurna-2 field in Iraq
LUKOIL started production drilling and construction of a key production facility, namely a Central Processing Facility, at the West Qurna-2 field in Iraq today. Abdel Karim al-Luaibi, the Iraqi Oil Minister, and also the heads of the Basra province, Iraq’s South Oil Company, LUKOIL Overseas and of the major contractor …
Lukoil Starts Drilling at Iraq’s West Qurna-2 Field
LUKOIL started production drilling and construction of a key production facility, namely a Central Processing Facility, at the West Qurna-2 field in Iraq today. Abdel Karim al-Luaibi, the Iraqi Oil Minister, and also the heads of the Basra province, Iraq’s South Oil Company, LUKOIL Overseas and of the major contractor …