Eurasia Journal News

Rosneft: Chayvo Productions Hits Two Million Tons

Rosneft produced 2 millionth ton of oil since the production start at the Northern Tip of Chayvo field in 2014. The Northern Tip of Chayvo field is located in the Sakhalin shelf area. Currently, oil at the field is being produced from three extended-reach wells that are about 10 km …

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Eurasia Journal News

Igor Sechin Reported on Rosneft 2014 Operational Results to Vladimir Putin

The President of the Russian Federation Vladimir Putin held a working meeting on Wednesday with the Head of Rosneft Igor Sechin, who reported on the Company’s 2014 operational results to the President of the country. The overall hydrocarbons production at year-end was approximately 252 mln toe, which is amounts to …

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Eurasia Journal News

Rosneft: 9M Results – Production Up 5%, Forex Hits Net Income, Dividend to be Paid

In 9M 2014, Rosneft produced 5.1 mmboed of hydrocarbons, which is 5.0% higher than in 9M 2013. The Company’s daily hydrocarbon production is in excess of 5 mln for the third quarter in a row. The Company’s daily production of oil and liquids stabilized at 4.2 mmbd. In September 2014, …

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Rosneft Starts Production on the Northern Tip of Chayvo

Rosneft starts production on the Northern Tip of Chayvo field on the Sakhalin Island. President of Russian Federation Vladimir Putin led the ceremony in a video link from Gorno-Altaysk. Russian Energy Minister Alexander Novak and head of Rosneft Igor Sechin were present on the Sakhalin Island. A new industry record …

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Igor Sechin Started Exploration Drilling at the Northern Chaivo Field

Rosneft started implementation of a large-scale project aimed at drilling of the first exploration well at the Northern Chaivo field (Sakhalin-1 project). Rosneft President, Chairman of the Management Board Igor Sechin and Sakhalin Region Governor Alexander Khoroshavin attended the grand ceremony. As stated by Igor Sechin speaking at the ceremony …

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Igor Sechin Completes Working Visit to Sakhalin

Rosneft President, Chairman of the Management Board Igor Sechin met with the Governor of Sakhalin region Alexander Khoroshavin, and visited the drilling rig Yastreb at the Chaivo field in the north of Sakhalin. During his working trip, Igor Sechin discussed with the region governor issues raised the previous day at …

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