Lukoil | Egypt Oil & Gas - Part 3

Iraq Oil Exports in October Rise by 9% MoM

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.

Lukoil Seeks to Inaugurate New Oilfield Projects in Iraq

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.

LUKOIL Reaches Agreement with Cairn for Senegalese Assets

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.

Lukoil Implements Oil-Associated Gas Utilization Project

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

Lukoil Commences Drilling at Shirotno-Rakushechnaya Exploration Well

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

Sonatrach Signs MoU with Lukoil

Algerian State run Sonatrach has signed a memorandum of understanding (MOU) with Russia’s Lukoil for possible future production and exploration in Algeria.

ADNOC Signs Cooperation Deal with PT Pertamina

The Abu Dhabi National Oil Company (ADNOC) and PT Pertamina have signed an agreement to cooperate in oil and gas projects in the UAE and Indonesia.

Russia’s Lukoil Calls for Permanent OPEC+ Production Cuts

Russia’s Lukoil believes that the production cut agreement between the Organization of the Petroleum Exporting Countries (OPEC) and its allies should become permanent

Eni, Lukoil to Build Natural Gas Processing Plant in Egypt

Italy’s Eni and Russian Lukoil will work with the Egyptian General Petroleum Corporation (EGPC) to build a natural gas processing facility in Egypt’s Western Desert.

Lukoil to Double Oil Production at Iraq’s West Qurna-2

Russia's Lukoil, in conjunction with local state-run Basra Oil Company, aims to double production from the West Qurna-2 oil field in Iraq to 800,000 barrels per day (b/d) by 2025.

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