Russia | Egypt Oil & Gas - Part 13
LUKOIL Implements Largest Digital Oil Field Model in Russia
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...
Gazprom’s Production Increases by 17.8% in 8.5 Months
Gazprom company’s production has reached 357.7 billion cubic meters (bcm) of gas in the first 8.5 months of 2021 increasing by 17.8% from the same period of the last year, preliminary data issued by Gazprom reve...
Russia’s Novatek Acquires E&P Licenses for Two Subsoil Areas
Novatek company announced that it has acquired, through an auction, the geological survey, exploration, and production (E&P) licenses for two subsoil license areas including the Arkticheskoye and Neytinskoye field...
Russian Pipeline Nord Stream 2 to Start Operation in Days
The final piece of the Nord Stream 2 gas pipeline is welded, and the undersea pipeline will start pumping in the next few days, Russian Foreign Minister Sergei Lavrov said according to Reuter. Following Nord stream 2’...
Russia, Japan Sign Cooperation Agreement for Hydrogen, Carbon Capture Projects
NOVATEK company announced that the it has signed a memorandum of cooperation with the Minister of Economy, Trade and Industry of Japan, Hiroshi Kajiyama, on ammonia, hydrogen and carbon capture utilization and storage...
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, a press release issued by LUKOIL announced. This milestone came ...
Rosneft Announces New Gas Condensate Discovery in Yakutia
Russia’s Rosneft announced a new gas condensate discovery in the Yakutia region through one of its subsidiaries, Reuters reported. The newly discovered gas field is estimated to have more than 40 billion cubic meters ...
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 that reached 12 billion Roubles, a press release reported. This unit will allow to apply low temperat...
