Abu Dhabi’s Mubadala national wealth fund is reportedly nearing a deal to invest in a Gazprom Neft subsidiary based in Western Siberia.
PAO NOVATEK (NOVATEK) won the open auction to acquire a 100% stake in Maretiom Investments Limited and 100% of Velarion Investments Limited from ALROSA.
LUKOIL has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the Caspian Sea. As of 31 January, the company started to drill an injection well.
An average of US$34.1 billion per year in capital expenditure will be spent on 1673 oil and gas fields in Russia between 2018 and 2020, according to GlobalData, a leading data and analytics company.
The scale of the project will require US$35 billion with the first phase costing US$6 billion representing a landmark agreement for Genoil.
The Nord Stream gas pipeline has transmitted its 200 billionth cubic meter of gas from Russia to Germany via the Greifswald delivery point.
The Icemann gangway system has reached a milestone 10 000 transfers since its arrival in Eastern Russia to transfer personnel working on offshore platforms under the Sakhalin-2 project.
Gazpromneft-Noyabrskneftegaz, a subsidiary of Gazprom Neft, has completed the drilling and testing of its first production well at the Zapadno-Chatylkinskoye field.
Repsol and Gazprom Neft are set to extend their collaboration in west Siberia after signing a Memorandum of Understanding.
Rosneft is performing the drilling of the northernmost exploratory well on the Eastern Arctic shelf following a comprehensive geological study.