Company news
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10.07.2020
New joint venture to develop “hard-to-recover” oil reserves in the Volga–Urals region established by Gazprom Neft, LUKOIL and Tatneft
Gazprom Neft, LUKOIL and Tatneft have closed a transaction on establishing a joint venture for the exploration and production of hard-to-recover hydrocarbon reserves in the Orenburg Oblast More»
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07.07.2020
Belorusneft is the first company in the Eastern hemisphere to test innovative bit technology
Courtesy of belorusneft.by The company's oil fields have successfully applied an experimental hybrid bit design. We are talking about the Crush-n-Shear ™ 215, 9ES55RKs... More»
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06.07.2020
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... More»
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02.07.2020
The shale drilling shutdown continues for its 14th week
Oil exploration shrank for a 14th straight week in U.S. fields amid weak crude prices and skepticism about a recovery in energy demand. More»
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29.06.2020
Belorusneft has launched a unique project
Courtesy of belorusneft.by This is a new historical era of oil production. The first step in this direction was establishing an integrated operations Center in the Oil and Gas... More»
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26.06.2020
LUKOIL Starts Wildcat Drilling at New North Caspian Prospects
Courtesy of lukoil.com LUKOIL started drilling of an exploration well at the Shirotno-Rakushechnaya prospect structure, located to the north of the V.I. Grayfer field. As the sea... More»
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23.06.2020
Gazprom Neft starts developing Bazhenov Formation deposits at Salym license blocks
Courtesy of gazprom-neft.com The Bazhenov Technology Centre (a Gazprom Neft subsidiary) is preparing to commence development of Bazhenov... More»
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19.06.2020
Global surplus of North Sea oil drops by a third on climbing demand
A glut of benchmark North Sea oil that’s been sitting on ocean-going tankers for weeks is starting to diminish More»
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18.06.2020
“Belorusneft” updated the best record of 2019 for monthly drilling
Courtesy of belorusneft.by In May 2020, Belorusneft drilled 18,273 meters of rock. This figure had become the best indicator since 2019 for a monthly drilling. The... More»
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12.06.2020
LUKOIL Begins Construction of a Center for Core and Reservoir Fluids Research in Perm
LUKOIL BEGINS CONSTRUCTION OF A CENTER FOR CORE AND RESERVOIR FLUIDS RESEARCH IN PERM More»
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