Lukoil | Egypt Oil & Gas - Part 2

LUKOIL’s Production from West Siberian Fields Reaches 2 billion tons

LUKOIL company stated that its production from West Siberian fields has reached 2 billion tons of oil since the beginning of the commercial development.

LUKOIL to Acquire Hydrocarbon Production Project in Mexico

LUKOIL company announced that it enters into an agreement to acquire operation stake of 50% in the Area 4 project in Mexico by acquiring the operator’s holding company for $435 million.

Lukoil Inaugurates PENEX Isomerization Unit at Russia’s Nizhny Refinery

Lukoil company has inaugurated the PENEX isomerization unit at Nizhny Novgorod refinery with cumulative investments reached 12 billion Roubles.

Eni, Partners Merge Meleiha, Meleiha Deep Concessions

Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Lukoil to merge the Meleiha and Meleiha Deep concessions in the Western Desert.

LUKOIL Acquires Stakes in Kazakhstan’s Al-Farabi Project

President of PJSC LUKOIL, Vagit Alekperov, and Chairman of the Management Board of JSC NC KazMunayGas, Alik Aidarbayev, signed a sale and purchase agreement for a 49.99% stake in the charter capital of Al-Farabi O ...

LUKOIL’s Hydrocarbon Reserves Reach 15.4 Billion Barrels

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.

LUKOIL, Gazprom Discuss JV Establishment

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 Vaney ...

LUKOIL Ramps up Oil Production by 35 mmt

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 Announces Oil Discovery in the Western Desert

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, Gazprom Ink Master Agreement on Field Development

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

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