OAO NK “RussNeft” and the Government of Khanty-Mansiysk Autonomous Region signed cooperation agreement for 2011, the company informs. The license is valid until 31 December 2034.
Kirill Molodtsov, Deputy CEO Shtokman Development AG, informed the deputies of Murmansk Regional Duma on the current status of the Integrated Development of the Shtokman Gas-Condensate Field Project.
In 2011 OAO NK “RussNeft” is planning to produce 13.6 million tons of oil, said the Head of the Company Mikhail Gutseriev.
TNK-BP and the Mongolian Government Oil Agency have today signed a memorandum of understanding concerning the delivery of Russian oil products to Mongolia. The Document was signed by Jonathan Kollek, the TNK-BP Vice-President for sales, trading and logistics, and by Amraa Tsengemaa, deputy director of the Mongolian Oil agency.
On February 17, 2011, a round table session “Environmentally Safe Engineering and Process Solutions for Offshore Oil and Gas Fields Development in the Barents Sea” was held at the Federal Council.
In Saint Petersburg Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee held a meeting dedicated to enhancing the throughput of gas transmission facilities located in Northwestern Russia.
Atomexpo LLC and ITECA LLP signed a cooperation agreement concerning organization of the Kazakhstan International Nuclear Power & Nuclear Industry Exhibition and Conference (KazAtomExpo). Under the agreement, Atomexpo acquires a status of co-organizer of the event and the exclusivity right of working with Russian companies.
Rome hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties addressed the prospects for bilateral cooperation and the current status of joint projects. Special attention was paid to the South Stream project implementation.
Rosneft announced the results of the annual independent audit of its hydrocarbon reserves performed by DeGolyer & MacNaughton. In 2010 the oil reserve replacement ratio was 106%. Rosneft had hydrocarbon reserve life of 25 years, including 21 years - for oil and 67 years - for gas.
TATNEFT has developed a model integrated energy efficient solution for the system of crude oil production, gathering and treatment on the basis of energy saving technologies. Its approbation is on the way now on the basis of Yamashneft Oil and Gas Production Board (NGDU) of OAO TATNEFT as part of the development and operation of Arkhangelskoye deposit (Novosheshminsky Region of the Republic of Tatarstan).