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Russia upstream news

 
 

ERIELL releases 2020 production figures

Projects were concentrated in Russia and Uzbekistan and the Group drilled 1.33 million m (2019: 1.37 million m). Similarly, the number of wells drilled was almost identical - 344 (2019: 350).

 
 

TMK Group releases 3Q20 operational results

TMK, a producer of tubular products for the oil and gas industry, has announced its operational results for 3Q20 and the first nine months of 2020.

 
 
 
 

ERIELL expects business boost in 2H20

Recent oil price improvements have provided a solid platform for the company to perform well in 3Q20 and further into the year, according to Vitaly Dokunikhin, CEO of ERIELL Russia.

 

Gazprom Neft, Lukoil and Tatneft establish JV

The partners will be sharing operational and technological competencies for developing hard-to-recover oil reserves in the Orenburg Oblast region of Russia.