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 concludes an agreement with Cairn Energy PLC to
acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project
in the Republic of Senegal for $300 mln in cash.
LUKOIL, the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea.
Today LUKOIL has commissioned a Gas Processing Complex at the Kandym fields cluster in Uzbekistan.
President of LUKOIL Vagit Alekperov and the Prime
Minister of Uzbekistan Abdulla Aripov participated in the official launch of
new facilities at Gissar cluster of fields in Uzbekistan, today.
LUKOIL has reached a progress milestone at its South-West Gissar project
in Uzbekistan as it successfully launched the main production and
process facilities there. Gas production at the Gissar fields cluster reached planned production
level of 14 million cubic meters a day, or 5 billion cubic meters per
LUKOIL has completed a field 3D seismic survey at West Qurna-2 field in
Company has fulfilled all of its contractual obligations to the Ministry
of Oil of Iraq.
Minister of Oil of Iran Bijan Namdar Zangeneh held a meeting with the President of LUKOIL Vagit Alekperov. The parties discussed potential involvement of the company in projects in Iran and other important issues, related to the development of global oil market.
LUKOIL reports preliminary operating data
of hydrocarbons production and oil refinery for the fourth quarter
and twelve months of 2016.
For the first time in the company's history, PJSC LUKOIL has as of today stepped over the boundary of 100 million tonnes of produced oil annually.