Conference and Exhibition News and Updates

Yamal Oil and Gas 2015 – Delegate Package Flight Offer!

YAMAL OIL & GAS 2015 is the only annual conference of global importance, which takes place in Yamal-Nenets Autonomous district and brings together more than 200 participants, including: more than 70 CEOs and top managers of Russian and international oil and gas companies, governors of local disctricts, government representatives, investors, world’s …

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Eurasia Journal News

GlobalData Analyst: Russia Looks to Asia to Ease Oil and Gas Industry Pressures

External pressures on Russia’s oil and gas industry have compelled the country to seek partnerships with Asia-based companies to help with the production and marketing of its vast hydrocarbon resources, says an analyst with research and consulting firm GlobalData. According to Anna Belova, GlobalData’s Upstream Analyst covering the Former Soviet …

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Eurasia Journal News

Rosneft: Vankorneft Starts Construction of Suzun Field Pipeline

Vankorneft, a subsidiary of Rosneft, in compliance with the program of Suzun field development started construction of pressure oil pipeline to connect Suzun and Vankor oil fields. Total length of the oil pipeline will be 101 km. The project implementation became possible due to a complex of technical and managerial …

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Eurasia Journal News

Rosneft and CNPC Signed a Framework Agreement on the Purchase of 10% Share Stake of Vankorneft

Rosneft and China National Oil & Gas Exploration and Development Corporation (CNPC subsidiary) have signed a framework agreement envisaging the purchase of a 10% share stake in ZAO Vankorneft. The document was signed on the sidelines of the APEC summit. The agreement was signed by Rosneft Chairman of the Managing …

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Eurasia Journal News

Rosneft: Pobeda Oil Surpasses the Brent Oil and Siberian Light Quality Benchmarks

Research workers of the corporate TomskNIPIneft institute finalized the studies on the physical and chemical properties and composition of oil produced from the Universitetskaya-1 well drilled in the Kara Sea, which discovered a new arctic field named Pobeda. The results of the studies were presented to Rosneft Head Igor Sechin …

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CNPC to pick up 10% of 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, …

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Fifth Anniversary of Commercial Oil Production Start on Vankor Field

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 …

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Navigation Сampaign Launched at Vankor

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 …

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Vankorneft Started Commissioning Work for Gas Supply to the Unified Gas Supply System

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 …

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Vankorneft Increases Scope of Geological Exploration Works to Provide Increment of Recoverable Reserves

In 2014, Vankorneft (Rosneft subsidiary) is planning to carry out the highest scope of geological exploration works during the 10 years of its operation. The works will be focused on oil and gas reserves increment, increase of the resource base and preparation of discovered fields for development. Prospecting and exploratory …

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