SIMMONS EDECO to Carry Out Onshore Drilling Campaign in Mexico for Renaissance Oil Corp. Dec 19, 2017SIMMONS EDECO, a global oilfield service provider, announced that it has been awarded a contract by Weatherford de Mexico S. de R.L. de C.V., a subsidiary of Weatherford International, to provide drilling services to...
Drilling Work Begins for Lukoil Operations in Vostochno-Taimyrsky May 22, 2017Halliburton Company has announced that it launched drilling operations in the Zhuravlinaya area of the Vostochno-Taimyrsky license block for LUKOIL in early April.
Lukoil starts exploration at Vostochno-Taimyrsky block Feb 29, 2016LUKOIL has started the first stage of exploration activities at the Vostochno-Taimyrsky license block in the Krasnoyarsk region ahead of time. This stage of
Lukoil's proved oil reserves decreases to 12.6 billion barrels Feb 10, 2016PJSC LUKOIL finished an evaluation and independent audit of its oil and gas reserves as of December 31, 2015. The evaluation was performed in accordance with the US Securitie
Lukoil exceeds one hundred million tonnes of oil in 2015 Dec 30, 2015For the first time in the company's history, PJSC LUKOIL has as of stepped over the boundary of 100 million tonnes of produced oil annually.
Lukoil, PanAtlantic and Romgaz discover large deep-water offshore gas field in Romania Oct 15, 2015In October 2015, the drilling of exploratory well LIRA 1X was completed. The work led to the discovery of an important gas field located in the deep sea Romanian
Lukoil commissions second catalytic cracking complex of Vacuum gas oil Oct 8, 2015The second Catalytic Cracking Complex of vacuum gas oil (CCC-2) has been commissioned at the LUKOIL-Nizhegorodnefteorgsintez refinery (a fully owned
LUKOIL produced 30 billion cubic meters of natural gas at its projects in Uzbekistan Sep 21, 2015LUKOIL has cumulatively produced 30 billion cubic meters (bcm) of natural gas at its projects in Uzbekistan. Most of this (about 85%) comes
LUKOIL closes deal on selling its share in Caspian Investments Resources Ltd. Aug 21, 2015PJSC LUKOIL closed a deal to sell its 50% share in Caspian Investments Resources Ltd. to China-based Sinopec. The required permits from the state
Iraqi PM visits West Qurna-2 production facilities Aug 20, 2015Iraq’s Prime Minister Haider Al-Abadi visited the West Qurna-2 oilfield, which is being developed by PJSC LUKOIL as operator.
LUKOIL reaches five million tonnes of oil at Yuri Korchagin field Aug 13, 2015PJSC LUKOIL passed a 5 million tonnes (38.6 million barrels) mark in oil production at the Yuri Korchagin field in the Caspian Sea.
LUKOIL awarded block in Eastern Siberia Aug 12, 2015LUKOIL has been awarded the rights to develop the Vostochno-Taimyrsky block, which is located in the Taimyr Dolgano-Nenets district of the Krasnoyarsk region. OOO LUKOIL-
LUKOIL obtains long-term financing for Shah Deniz Stage 2 project in Azerbaijan Aug 10, 2015Under the second stage of the Production Sharing Agreement of the Shah Deniz Project in Azerbaijan, LUKOIL Overseas Shah Deniz Ltd. (a fully-owned PJSC LUKOIL subsidiary) has signed in Baku a 12 year credit-facility agreement with a consortium of banks to borrow USD 1 billion.
LUKOIL dismisses claims of money laundering and tax evasion in Romania Jul 13, 2015LUKOIL has strongly denied accusations of money laundering and tax evasion brought against Petrotel-LUKOIL and its employees by the
Lukoil starts oil refinery installation operation in Volgograd Jun 29, 2015In Volgograd, Vagit Alekperov, President of OAO "LUKOIL", Arkady Dvorkovich, Deputy Prime Minister of Russia, Kirill Molodsov, Deputy Energy Minister of Russia