Vankor

Chinese investors are to receive up to 10 percent in the Vankor cluster fields of northern Siberia, one of the biggest developed Russian oilfields and Rosneft’s biggest production asset. Russian President Vladimir Putin announced the plan at the construction launch of the Power of Siberia gas pipeline on 1 September, …

The commercial production of Vankor oil, gas and condensate field started on September 21, 2009. In the period of five years more than 85 mln tons of oil and condensate were produced here. At the moment daily production exceeds 60 thousand tons of oil. The oil field with unique geological …

Rosneft subsidiary Vankorneft has launched the navigation campaign on delivery of nearly 400 thousand tons of cargoes via the Bolshaya Kheta River (left tributary of the Yenisei). This year, in addition to traditional cargo transportation at the Vankorskiy production site and the Priluki terminal, the delivery at the Suzunskoye field is …

Rosneft subsidiary Vankorneft started commissioning work «under pressure» with gas supply to the main gas pipeline. Currently there have been commissioned three gas compressor units of high-pressure gas compressor station, and gas treatment is in progress at gas treatment unit. Gas passes quantity and quality measurement system before gas supply …

In Q1 2014 Rosneft’s crude oil and liquids production (including production of subsidiaries and proportionately consolidated entities, and the share in production by affiliates) reached 4,189 th. bpd (0.5% growth year-on-year), gas production reached a record-high level of 13.18 bcm (i.e. more than doubled). In Q1 2014 the Company was …

Rosneft‘s daily hydrocarbon production reached 4.9 mmboe, EBITDA amounted to RUB 947 bln supported by hydrocarbon production growth, increased efficiency and integration of new assets. Crude oil and liquids production equaled 4,196 th.bpd (organic growth 1%), gas production reached a record high figure of 38.17 bcm (organic growth 22%). The …

Vadim Kravets In September 2013 the board of directors of Transneft approved the company’s investment program for 2014 and until 2018. The document sets out the scope of funding for the construction and upgrade of the existing pipelines. Specifically, the program calls for allocating over 100 billion rubles in order …

Rosneft and General Electric signed a Strategic cooperation agreement during the St Petersburg International Economic Forum. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Jeffrey Immelt, GE Chairman and CEO, [in the presence of the Russian President Vladimir Putin]. The Agreement will …

Rosneft’s CEO Igor Sechin said its planned $55 billion takeover of rival oil company TNK-BP would yield $3-$5 billion in synergies, largely on projects in new provinces in Russia’s north and east. Sechin, speaking on a conference call a day after Rosneft announced it would buy British major BP  and …

Today Rosneft produced the 15-millionth ton of oil since the beginning of operation on Vankor field. The Vankor oil and gas field is located in the north of Krasnoyarsk Territory. Commercial oil production began in August 2009. 117 producing wells on 14 well pads deliver current daily production of 36,000 …