Press Release

LUKOIL PUTS INTO OPERATION PERMANENT MAGNET MOTOR PLANT IN WESTERN SIBERIA

Thursday, December 15, 2016

LUKOIL has put into operation a plant to manufacture permanent magnet motors in Western Siberia. The plant is designed to produce more than 5,000 motors per year. Along with better operational performance, the new facility brings new jobs to Yugra.

Compared to their predecessors, asynchronous induction motors, permanent magnet motors boast higher efficiency with an option to adjust the rotor speed. All of this allows for reducing power consumption by electrical submersible pumps (ESP) used in oil production by up to 25%.  ESP flow rates can be easily adapted to variable conditions of oil recovery from petroleum reservoirs.

04/06/2021 - LUKOIL SIGNS CONTRACT TO ACQUIRE SHARE IN AL-FARABI OFFSHORE PROJECT IN KAZAKHSTAN

​LUKOIL will join the exploration and production project on the Al-Farabi block in the Kazakhstan Sector of the Caspian Sea with 49,99% stake. Sale and Purchase agreemnet was suigned today at the St. Petersburg International Economic Forum.

28/12/2020 - LUKOIL STARTS PILOT PRODUCTION AT GAS CONDENSATE FIELD IN BOLSHEKHETSKAYA DEPRESSION

LUKOIL started pilot production at Khalmerpayutinskoye gas condensate field of the Bolshekhetskaya depression in Yamal-Nenets Autonomous District. The company has set up well pad at the field and drilled two wells with daily flow rates of 395 thousand cubic meters of natural gas and 31 tonnes of condensate.

15/09/2020 - LUKOIL INSTALLS FIXED PLATFORM JACKETS AT V.I. GRAYFER FIELD IN THE CASPIAN SEA

LUKOIL completed installation of the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved over three hundred workers.

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