Lukoil Tries Directional Casing Drilling ​at Bayandyskoye, Pyakyakhinskoye Fields 

• Tuesday, 23rd November 2021
• by Fatma Ahmed

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 ...

Gazprom to Restart Mothballed Oil Wells in Siberia

• Thursday, 24th December 2020
• by Editorial Team

Gazprom Neft will increase its oil output by restarting mothballed oil wells in West Siberia and remain within the agreed output volume set by the Organization of the Petroleum Exporting Countries and its partners (OP...

Russia to Curb Oil Production in Siberia by 15%

• Wednesday, 13th May 2020
• by Editorial Team

Russia’s top producing oil region in Western Siberia is expected to cut production by 15% in line with the OPEC+ cuts, according to Reuters.  Sergei Filatov, head of the regional government’s natural resources departm...

Mubadala, Gazprom Neft, RDIF Create JV for Siberia Oilfield Development

• Thursday, 6th September 2018
• by Editorial Team

Mubadala Petroleum, Gazprom Neft, and the Russian Direct Investment Fund (RDIF) have agreed to set up a joint venture (JV) to develop oilfields in Siberia, Pipeline Oil and Gas Magazine reported. Gazprom sold a 49% st...

Indian Oil Majors, Russia’s Rosneft to Ink $3-3.5b Deals

• Monday, 6th June 2016
• by Egypt Oil & Gas

India’s Petroleum Minister, Dharmendra Pradhan, along with top executives of State-owned Indian Oil Corporation (IOC), Oil India (OIL) and Bharat PetroResources (BPRL), are planning to visit Moscow in the last w...

OVL Buys Stake in Massive Russian Field

• Monday, 7th September 2015
• by Egypt Oil & Gas

Indian firm OVL is buying a 15% stake in the massive Siberian oil field in Russia’s far East, Dispatch Times reported. The deal was finalized over the Vankor field, the second largest in Russia. Up to this point the f...