Eurasia Journal News

Gazprom Neft 9M 2020 Net Profit Reaches RUB36.2 Billion

Gazprom Neft today announces its consolidated IFRS financial statements for the nine months (9M) and third quarter (Q3) of 2020. Lower oil and petroleum product prices in the domestic and international markets continued to impact the Company’s financial performance in Q3 2020, as did the limited recovery in demand for energy resources under COVID-19 restrictions …

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Eurasia Journal News

Gazprom Neft and Zarubezhneft Join Forces to Develop ‘Hard-to-Recover’ Reserves in the Khanty-Mansi Autonomous Okrug

Gazprom Neft and Zarubezhneft have signed a binding agreement on establishing a joint venture for exploration and production of hard-to-recover oil reserves in the Khanty-Mansi Autonomous Okrug—Yugra, and on developing effective technologies, to that end. The new joint venture’s asset portfolio will include the Salysmky-3 and Salymsky-5 license blocks, both located in the Khanty-Mansi Autonomous Okrug, at which the …

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Eurasia Journal News

Gazprom Neft Establishes an Upstream Joint Venture with Zarubezhneft Dedicated to Development of ‘Tight’ Oil

Gazprom Neft and Zarubezhneft have used this year’s St Petersburg International Economic Forum to sign an agreement on establishing a joint venture for the exploration, development and production of hard-to-recover oil reserves, including unconventional hydrocarbons. The document was endorsed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Sergei Kudryashov, General Director, Zarubezhneft. Once the transaction closes …

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Conference and Exhibition News and Updates

Call for Papers for the 2018 SPE Russian Petroleum Technology is Now Open!

Submission Deadline —16 March 2017 We are pleased to invite you to participate in the conference in the new year, taking place on 15-17 October 2018 in Moscow and present your topical paper in one or several technical categories. The programme committee chaired by Andrey Bochkov, Gazpromneft STC; Krešo Kurt …

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Eurasia Journal News

TATNEFT, Gazprom Neft and Zarubezhneft Have Created a Consortium to Study the Carbonate Deposits

TATNEFT, Gazprom Neft and Zarubezhneft have signed a cooperation memorandum on in the field of developштп competencies required for the implementation of exceptionally challenging projects for the development of carbonate reservoirs. Rais Khisamov, Deputy General Director – Chief Geologist of TATNEFT, Alexander Dyukov, Chairman of the Board of Gazprom Neft, …

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Eurasia Journal News

GlobalData: Russian Oil Companies Looking to the Americas to Boost International Long-Term Positions

Key Russian oil companies have refocused on strengthening their international positions through the acquisition of exploration and production assets in geographies outside Russia, with countries in the Americas providing a number of potential partnerships in the long term, according to analysts with research and consulting firm GlobalData. – Following sanctions …

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Eurasia Journal News

Total: To Sell Kharyaga to Zarubezhneft?

French oil and gas major Total is in talks to sell its 40 percent stake in Russia’s Kharyaga oil project to Russian state firm Zarubezhneft, the Vedomosti business daily reported on Wednesday. The paper, citing a federal official and a source close to Zarubezhneft’s board, said Zarubezhneft’s stake may increase …

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Uncategorized

RITEK Thermal Gas Treatment at the Bazhenov

Although the development of unconventional resources is a challenging task, the need to focus on this area is becoming ever more important. As a result, new and improved technologies are being implemented to produce more hydrocarbons from unconventional fields. At RITEK, we are working hard on innovative methods that will …

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