Eurasia Journal News

The Joint Venture Rusvietpetro May Receive Five Oil and Gas Blocks in the Nenets Autonomous Okrug

The Russian-Vietnamese joint venture Rusvietpetro may receive five oil and gas subsoil plots in the Nenets Autonomous Okrug of the Russian Federation, in accordance with the protocol introducing amendments to the intergovernmental agreement between the Russian Federation and the Socialist Republic of Vietnam on the operation of the joint venture. …

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Eurasia Journal News

The Operations of the Joint Venture Vietsovpetro May Be Extended Until the End of the Year 2050

The Government of the Russian Federation has approved a draft protocol introducing amendments to the agreement between the Russian Federation and the Socialist Republic of Vietnam regarding the operation of the joint venture Vietsovpetro, which includes the participation of the Russian oil company Zarubezhneft on the continental shelf of the …

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Eurasia Journal News

“Zarubezhneft” Received a License to Master the Block 11-2 of the Shelf Vietnam

“Zarubezhneft” received an investment license to master the block 11-2 of the continental shelf of Vietnam, the Interfax correspondent reports. During the visit of the President of the Russian Federation Vladimir Putin, a number of documents were signed in Vietnam. Within the framework of the exchange ceremony, the Minister of …

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Eurasia Journal News

Zarubezhneft Increased Oil Recovery in Cuba

Production at Boca de Jaruco has increased thanks to the technological innovations of the Russian company, said the head of the Russian Ministry of Energy, Sergei Tsivilev, at a meeting with Cuban Deputy Prime Minister Ricardo Cabrisas. The Boca de Jaruco field is located in the north of Cuba and …

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Eurasia Journal News

Chemical Methods of Oil Production Predicted to Have Great Potential

Gazprom Neft, Tatneft and Zarubezhneft are leaders in this area. The potential for the use of chemical methods of enhanced oil recovery (CMEOR) in Russia is estimated at more than 14 billion tons of oil. This was stated by Olga CHEBYSHEVA, Director for Development of CMEOR at Gazpromneft – Technological …

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Eurasia Journal News

Zarubezhneft Plans to Increase Oil Production in Africa to 2 Million Tons/Year by 2030

Oil producing company Zarubezhneft plans to increase oil production in Africa to 2 million tons per year by 2030. This was stated by the company’s Deputy General Director V. Terentyev at one of the sessions of the Russian Energy Week (REN-2023). The company intends to gradually achieve this goal: consistently …

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Russia Oil Gas Magazine

The Cabinet of Ministers Proposed to Extend the Work of the Vietsovpetro Joint Venture at a Block in Vietnam for Three Years

The Ministry of Energy of the Russian Federation was instructed to conduct negotiations with the Vietnamese side and sign a protocol on introducing relevant changes on behalf of the Russian government The Government of the Russian Federation approved a protocol on amending the intergovernmental agreement between Russia and Vietnam on …

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Eurasia Journal News

Zarubezhneft Won a Tender for Gas and Oil Exploration in Egypt

The country’s authorities announced the results of a tender for the search and development of oil and gas fields in the Mediterranean and Nile Delta regions The Russian oil and gas company Zarubezhneft won the tender for oil and gas exploration announced earlier by the Egyptian Ministry of Petroleum and …

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Eurasia Journal News

Oman Showed Interest in Russian Companies Entering Its Energy Market

Oman would like to see Russian companies in its energy market, Vladimir Dergachev, executive director of the Russian-Omani Business Council at the Chamber of Commerce and Industry, said in an interview with RIA Novosti. “During the last meeting in the spring of this year at the Ministry of Energy and …

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Eurasia Journal News

Zarubezhneft: May Start Exploration in Kazakhstan

The state company Zarubezhneft is discussing with the NC KazMunayGas participation in onshore exploration projects in Kazakhstan. Possible options include Urikhtau and Ural Oil & Gas in Aktobe and West Kazakhstan regions. “We have opened a data room for some new exploration projects. The Russian company has experience of working in …

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