LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
LUKOIL is successfully evolving its priority projects in the north of the Caspian Sea. The company continues to construct facilities at Vladimir Filanovsky, Yury Korchagin and Rakushechnoye fields.
cumulative production of oil in the Russian part of the Caspian Sea has exceeded
20 million tonnes.
LUKOIL completed transportation and started installation of the substructure for the wellhead platform at the Vladimir Filanovsky field in the Caspian Sea.
PJSC "LUKOIL" announces that the cumulative natural gas production at the Pyakyakhinskoye oil and gas condensate field in the Yamal-Nenets Autonomous District exceeded 5 billion cubic meters. The cumulative production of crude oil and gas condensate reached 2.7 million tons since the start of commercial production in October 2016.
PJSC "LUKOIL" announces the completion of drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea. The well was drilled within the second field development stage implemented to involve into production the Eastern part of the field.
has built an integrated geological and geophysical model of fields and
exploration structures of the Denisov depression in Timan-Pechora oil and gas
LUKOIL has completed the installation of the wellhead platform's topside as part of Yury Korchagin field Phase 2 development in the Russian sector of the Caspian Sea.
Today LUKOIL has commissioned a Gas Processing Complex at the Kandym fields cluster in Uzbekistan.
Minister of Iraq Haider Al Abadi held a meeting with PJSC LUKOIL President
Vagit Alekperov in Baghdad. Parties discussed several issues related to LUKOIL projects
in the country.
The LUKOIL Group's hydrocarbon production excluding West Qurna-2 project in the fourth quarter of 2017 increased by 2.9% quarter-on-quarter to 2,284 thousand boe per day. The increase was driven by the development of gas projects.