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2017-11-20 09:30:00

ROSNEFT'S WORLD RECORD: 15000 M

МИРОВОЙ РЕКОРД РОСНЕФТИ: 15000 М

ROSNEFT - Rosneft as a member of Sakhalin-1 Consortium successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk.

The length of the well with horizontal completion is 15000 m which currently is a world record. This is a supercomplex well with DDI (Directional drilling index) of 8.0 and 14,129 m stepout.

A number of world records have been set in extended reach drilling since the start of drilling at Sakhalin-1 project in 2003. Taking into account the new record long well the Sakhalin-1 Consortium drilled 9 out of 10 of the world's longest wells.

Sakhalin-1 extended reach drilling is among the fastest in the world owing to the advanced and efficient technologies such as "Fast Drill". This technology combines high quality modeling of physical parameters of drilling with a structured approach to well designing. Extended reach drilling reduces costs of construction of additional offshore structures, pipelines and other field infrastructure facilities and it also mitigates environmental impact due to smaller drilling and production footprint.

Since 2013 the project has set five world records for measured depth of wells. In April 2015 development well О-14 with length of 13,500 m, 13,000 m long Z-40 well was drilled and completed in 2014, wells Z-43 and Z-42 were drilled in April and June 2013 with the length of 12,450 and 12,700 m, respectively.

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Earlier:

 РОСНЕФТЬ: ЧИСТАЯ ПРИБЫЛЬ НИЖЕ НА 3,9%
2017, November, 15, 15:00:00

ROSNEFT NET INCOME DOWN 3.9%

Financial results for 3Q 2017 and 9М 2017: - 9M 2017 revenue growth by 22.9% in RUB terms and by 43.7% in USD terms YoY - 9M 2017 EBITDA exceeded RUB 1 trln, growth by 10.6% YoY - 3Q 2017 EBITDA margin improvement - Successful timely close of strategic deals with potential breakthrough growth in shareholder value - Approval of the first interim dividend with 50% payout ratio of net income under IFRS

 РОСНЕФТЬ В КУРДИСТАНЕ
2017, October, 20, 12:15:00

ROSNEFT IN KURDISTAN

The share of Rosneft Group Subsidiaries in PSA will be 80%, the amount of payments for the projects farm-in and geological information for each of five blocks ranges from 40 mln. USD to 110 mln. USD and may total to 400 mln.USD.

 СДЕЛКА ENI И РОСНЕФТИ
2017, October, 13, 12:35:00

ROSNEFT - ENI GAS DEAL

Rosneft closed the deal to acquire a 30% stake in the concessions agreement for the development of Zohr field, the largest gas field in the Mediterranean Sea, from Italian company Eni S.p.A.

 ШРЁДЕР - ПРЕДСЕДАТЕЛЬ РОСНЕФТИ
2017, October, 2, 14:35:00

SCHRÖDER IS THE CHAIRMAN OF ROSNEFT

Following the results of the Board of Directors meeting that took place on September 29, 2017, Gerhard Schröder was elected as the Chairman of the Board of Directors.

 CHINA BUYS ROSNEFT 14.16%, $9 BLN
2017, September, 11, 12:35:00

CHINA BUYS ROSNEFT 14.16%, $9 BLN

CEFC China Energy is set to take a stake of almost $9bn in Russian state-controlled oil company Rosneft, in a major strengthening of energy ties between Beijing and Moscow as relations deteriorate with the west.

 

 РОСНЕФТЬ КУПИЛА ESSAR
2017, August, 24, 14:10:00

ROSNEFT BOUGHT ESSAR

Rosneft Successfully Closes Strategic Deal for the Acquisition of 49% of Essar Oil Limited

 СДЕЛКА РОСНЕФТИ И BEIJING GAS
2017, June, 30, 08:40:00

ROSNEFT & BEIJING GAS DEAL

Rosneft and Beijing Gas Group Company Limited ("Beijing Gas") closed the deal for sale and purchase of 20% shares in Verkhnechonskneftegaz (a Rosneft subsidiary). The price of purchased 20% stake amounted to around USD 1.1bln.

Tags: РОССИЯ, РОСНЕФТЬ, RUSSIA, ROSNEFT

Chronicle:

МИРОВОЙ РЕКОРД РОСНЕФТИ: 15000 М
2018, January, 19, 12:15:00

S.KOREA'S DIVERSIFICATION

PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed. On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.

МИРОВОЙ РЕКОРД РОСНЕФТИ: 15000 М
2018, January, 19, 12:10:00

ADNOC'S 2030 STRATEGY

AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.

МИРОВОЙ РЕКОРД РОСНЕФТИ: 15000 М
2018, January, 19, 12:05:00

TOSHIBA SELLS WESTINGHOUSE

WNN - Under the terms of the assignment and purchase agreement it has signed with Nucleus and Brookfield, Toshiba will sell its rights to assert claims against Westinghouse related to the parent guarantees in the amount of $5.788 billion, and on account of other claims Toshiba holds against Westinghouse in the amount of $2.284 billion to Nucleus, for the sale price of $2.160 billion.

МИРОВОЙ РЕКОРД РОСНЕФТИ: 15000 М
2018, January, 17, 23:50:00

OIL PRICES: NOT ABOVE $70 YET

REUTERS - Brent crude futures LCOc1 were at $69.23 a barrel at 0808 GMT, up 8 cents from their last close, but down from a high of $69.37 earlier in the day. Brent on Monday rose to $70.37 a barrel, its highest since December 2014, the start of a three-year oil price slump. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.84 a barrel, down from a high of $63.89 earlier, but up 11 cents from their last settlement. WTI hit $64.89 on Tuesday, also the highest since December 2014.

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