Rosneft Begins Pilot Hydrocarbon Production at Two Fields in the Vostok Oil Project
In January–March 2025, Rosneft began pilot hydrocarbon production at the Payakhskoye and Ichemmenskoye fields of the Vostok Oil project, the company announced. “Rosneft continues pilot industrial development at the Payakhskoye, Ichemmenskoye, and Baikalovskoye fields: in Q1 2025, development drilling exceeded 30,000 meters, and four development wells were completed. Pilot production …
Taimyr Region Receives New Confirmation of High Oil and Gas Potential
The Federal Agency for Subsoil Use of the Russian Federation (Rosnedra) and the Russian State Geological Holding (Rosgeologia) have reported significant results from the state geological exploration program conducted in the central part of the Yenisei-Khatanga Trough, located in the northern area of Krasnoyarsk Krai. During the drilling of the …
Rosneft Produced 131.3 Million Tons of Oil in the First Half of the Year
Rosneft‘s hydrocarbon production in the first half of the year amounted to 131.3 million tons of oil equivalent (5.362 million barrels per day), the company said. At the same time, the production of liquid hydrocarbons was recorded in the amount of 92.8 million tons (3.796 million b/d), gas – 46.8 …
The State Duma Was Proposed to Maintain the 20% Profit Tax for the Vostok Oil Project
The government submitted a proposal to the State Duma to maintain the current tax regime for the profit tax at 20% for the Vostok Oil project, according to amendments to the second reading of the bill on improving the tax system, which Interfax has reviewed. It is noted there that …
Rosneft Has Begun Construction Of The Country’s Largest Oil Loading Berth In Sever Bay
The RN-Vankor company (an enterprise of the oil production complex of NK Rosneft), as part of the implementation of the Vostok Oil project, began construction of an oil berth at the Port Sever Bay terminal in the Yenisei Gulf of the Kara Sea. At this stage, RN-Vankor is dredging and …
Igor Sechin Assessed the Potential of the Vostok Oil Project to Stabilize the Oil Market
The Vostok Oil project, in the context of a reduction in global investment in exploration and production, is capable of having a stabilizing effect on the entire hydrocarbon market, said the head of Rosneft, executive secretary of the Commission under the President of the Russian Federation on the strategy of …
Rosneft Increases Gas Production at the Suzunskoye Field
RN-Vankor (part of Rosneft) has started natural gas production at the new well pad at the Suzunskoye field as part of the Vostok Oil project. The daily production volume is about 1.8 million m3 of gas. The produced gas, after the necessary preparation, is sent via an inter-field gas pipeline …
Rosneft: Agrees with Chinese Companies to Study the Wind Energy Potential of Vostok Oil Project
During the III Russian-Chinese Energy Business Forum, Vostok Oil (Rosneft Group Subsidiary) and a number of Chinese companies signed a cooperation agreement to conduct the study of the wind energy potential of Vostok Oil Project. The study precedes the start of the work to design, construct and commission a wind …
TMK and Sinara Group Took Part in the St. Petersburg International Economic Forum
Pipe Metallurgical Company (TMK) and Sinara Group took part in the business program of the St. Petersburg International Economic Forum (SPIEF-2021). The heads of the companies discussed at the forum the prospects for the development of the metallurgical and machine-building industries, international cooperation, the transition to a “green” economy and …
Rosneft Commences Construction of Power Generation Facilities for Vostok Oil Project
As part of the XXIV St. Petersburg International Economic Forum, OOO Vostok Oil (a Rosneft Group Subsidiary) and OOO Inter RAO Engineering (an Inter RAO Group Company) concluded survey and design contracts to underpin construction of Train 1 power generation facilities for the Vostok OIl Project. Inter RAO Engineering is …