AGR has secured a contract with LUKOIL Overseas to optimize the Russian firm's drilling performance. The contract covers LUKOIL’s drilling operations in several territories internationally, including Middle East, Black Sea, Africa and Central Asia…
Mediterranean Shipping Company (MSC) launched its newest vessel, the MSC Oscar. The MSC Oscar. From MSC. The MSC Oscar has a 19,224 TEU capacity and is the largest container vessel ever built in regards to TEU capacity…
The fifth SPE Russian Oil & Gas Exploration and Production Technical Conference and Exhibition at the All-Russian Exhibition Center in Moscow hit a record attendance on its first day with 1,775 unique attendees, marking a 19% increase on the previous event in 2012…
Russian national Rosneft and private oil giant Lukoil have started drilling appraisal well №. 1 at the Caspian Oil Co.-operated Ribachya structure in the North Caspian project license. Total prospective resources of the block are estimated at 1…
Lukoil Overseas completed drilling on its first offshore exploration well, Capitaine East-1X, at block CI-101 in the Republic of Côte d'Ivoire, the Russian company announced 2 April 2014. The well penetrated through 140m of sandstone from a Turonian formation…
Gazprom and LUKOIL have signed a cooperation agreement on the prevention of and response to emergencies caused by oil and petroleum product spills offshore, including performing joint emergency exercises. The companies agreed that in…
Russia’s Lukoil has commissioned Ramboll to perform pre-front end engineering and design (FEED) studies for the Yuri S. Kuvykin field in the Russian sector of the north Caspian Sea. Ramboll’s work will focus on a drilling complex and topside living quarters…
Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement today at the World Economic Forum Annual Meeting in Davos, Switzerland. The document was signed in the presence of Enrique Peña Nieto…
Russian oil firm Lukoil Overseas has started drilling in deep water off the coast of Sierra Leone. The company is drilling the Savannah prospect on Block SL-5-11, using the semisubmersible Eirik Raude drilling rig, in more than 2000m water depth…
Lukoil has launched assembly of supporting blocks for the ice-resistant stationary platform located at Vladimir Filanovsky field in the Caspian Sea. The supporting blocks will be attached to the seabed by 20 piles, each more than 2m in diameter…
Lukoil Farmin African independent Taleveras agreed to farmout a 65% interest and operatorship in Ivory Coast Block CI-504 to Lukoil Overseas, a subsidiary of Russian oil firm Lukoil. Taleveras will retain 25% interest and Petroci, the Ivory Coast’s national oil company…
Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced that its wholly-owned Russian subsidiary, Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering…
African independent oil and gas company Taleveras has agreed to farmout a 65% stake on its Block CI-504 off the Ivory Coast to a subsidiary of Russia's Lukoil. Block CI-504 is close to the producing Baobab field, covering 399 sq km in 800-2100m deep water…
Lukoil has conducted a four-well horizontal drilling campaign at the Yu Korchagin field in the northern Caspian Sea. Initial flow rates tested between 4000b/d and 10,000b/d. Recoverable oil reserves at the field are estimated at 360 million barrels.
INPEX has signed a service contract with the Iraqi State Oil Compnay (South Oil Company) for the onshore Exploration Block 10 jointly with LUKOIL.INPEX and LUKOIL have been successfully awarded the rights to explore the Exploration Block 10…
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