Lukoil company announced a new discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico. The company elaborated that the preliminary estimates indicate that the initial oil in place reaches...
LUKOIL announced its execution of controlled directional casing drilling at its Bayandyskoye and Pyakyakhinskoye fields, where the company received promising results. With regards to the Pyakyakhinskoye field in West ...
PJSC LUKOIL announced that it has acquired 25% participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan sector of the Caspian Sea from the British multinational oil a...
As part of its Intelligent Field project, PJSC LUKOIL announced the creation of the largest digital model of an oil field. This digital model of the Vatyeganskoye field in Russia is now fully operational, as the compa...
LUKOIL company stated that its production from West Siberian fields has reached 2 billion tons of oil since the beginning of the commercial development, a press release issued by LUKOIL announced. This milestone came ...
LUKOIL company announced that it entered 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, a statement. reported. Accordi...
Lukoil company has inaugurated the PENEX isomerization unit at Nizhny Novgorod refinery with cumulative investments that reached 12 billion Roubles, a press release reported. This unit will allow to apply low temperat...
Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Lukoil to merge the Meleiha and Meleiha Deep concessions into a new concession called Merged Meliha in the Western Desert, accordi...
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 Opera...
LUKOIL Company announced that it has achieved total proved hydrocarbon reserves of 15.38 billion barrels of oil equivalent, 76% of which stood for liquids until the end of December 2020, a press release stated. Accord...