LUKOIL Company announced that it has achieved total proved hydrocarbon reserves of 15.38 billion barrels (bbl) of oil equivalent, 76% of which stood for liquids until the end of December 2020.

The President of LUKOIL, Vagit Alekperov and Chairman of the Management Committee of Gazprom, Alexey Miller, have discussed the progress in establishing a joint venture to implement the project of developing Vaneyvisskoye and Layavozhskoye fields.

Russian oil and gas company, LUKOIL, produced 35 million tons (mmt) at its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.

Eni has made a new oil discovery in the Meleiha Concession in the Western Desert, adding an extra 10,000 barrels of oil per day (bbl/d) to the current concession production.

Lukoil and Gazprom signed a Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Nenets region, Russia.

Iraq, OPEC’s third-largest oil producing nation, increased its exports to 2.876 million barrels per day (mmbbl/d) in October up from 2.613 mmbbl/d in the previous month.

Russia’s state-run oil company, Lukoil PJSC, is looking to set up new oilfield projects in Iraq despite OPEC+ production cuts and a slump in oil demand.

Russian oil and gas company, LUKOIL, has reached an agreement with Cairn Energy PLC to acquire a 40% interest in the RSSD (Rufisque, Sangomar and Sangomar Deep) project for a total of $300 million.

Russian multinational oil corporation, LUKOIL, has implemented an oil-associated gas utilization project at the Sredne-Nazymskoye field in KhMAO-Yugra.

The Russian company, LUKOIL, has commenced drilling of an exploration well at the Shirotno-Rakushechnaya prospect structure, located near to Grayfer field.