Search results for: Lukoil Overseas

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  • 6 July 2010
    Business & Finance

    A consortium, including LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) and Vanco International of USA, has won a tender for exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea. The respective stakes of LUKOIL Overseas and Vanco in the consortium are 80% and 20%. The […]

  • 26 November 2012

    LUKOIL Overseas, an OAO LUKOIL subsidiary, has signed a deal on the reassignment to Romania’s national gas company Romgaz of an 8-percent share of the rights and obligations under concession agreements for hydrocarbon exploration, development and production on the Est Rapsodia and Trident blocks in the Romanian sector of the Black Sea. Previously, the Est […]

  • 30 July 2010

    A consortium, including LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) and Vanco International of USA, has won a tender for exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea. The respective stakes of LUKOIL Overseas and Vanco in the consortium are 80% and 20%. .

  • 25 February 2011
    Business & Finance

      A consortium, including LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) and Vanco International signed concession agreements with the National Agency for Mineral Resources of Romania. The agreements provide for exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea. The respective stakes of LUKOIL Overseas […]

  • 2 May 2011
    Business & Finance

    LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) has acquired from Quad Energy S.A., a private petroleum company, a 50% interest in the Production Sharing Agreement for the Hanoi Trough-02 (НТ-02) offshore block. The transaction is subject to certain conditions precedent, and among other things the parties will have to obtain approvals from the national […]

  • 7 July 2014
    Business & Finance

    A number of new management appointments have been made at LUKOIL Overseas, the operator of LUKOIL’s international upstream project. Alexander Cornelius has been appointed Vice President for Production Services and Project Support. Sergey Suchok has been appointed Vice President for Production. Marat Salikhov has been appointed West Qurna-2 Asset Manager, combining this with his duties […]

  • 3 October 2012
    Business & Finance

    Today, in Abidjan (Republic of Cote-d’Ivoire) LUKOIL Overseas, subsidiary of LUKOIL, has signed with the government of the country a production sharing agreement on offshore block CI-524 in the Gulf of Guinea. Block CI-524 covering the area of 450 square kilometers with water depth ranging from 800 to 1,500 meters represents an eastern part of […]

  • 27 February 2014
    Business & Finance, Project & Tenders

    The European Bank for Reconstruction and Development (EBRD) is continuing to invest in projects that will strengthen the security of energy supply in its region of operations. The EBRD is extending a senior loan of US$ 200 million to LUKOIL Overseas Shah Deniz Ltd, a wholly-owned subsidiary of LUKOIL Overseas, the operator of LUKOIL’s overseas […]

  • 27 February 2014

    The European Bank for Reconstruction and Development (EBRD) is continuing to invest in projects that will strengthen the security of energy supply in its region of operations. The EBRD is extending a senior loan of US$ 200 million to LUKOIL Overseas Shah Deniz Ltd, a wholly-owned subsidiary of LUKOIL Overseas, the operator of LUKOIL’s overseas […]

  • 27 February 2014
    Business & Finance, Operations & Maintenance

    The European Bank for Reconstruction and Development (EBRD) is continuing to invest in projects that will strengthen the security of energy supply in its region of operations. The EBRD is extending a senior loan of US$ 200 million to LUKOIL Overseas Shah Deniz Ltd, a wholly-owned subsidiary of LUKOIL Overseas, the operator of LUKOIL’s overseas […]

  • 20 July 2011
    Business & Finance

    LUKOIL Overseas, a wholly-owned subsidiary of OAO LUKOIL, has acquired from the private company ORANTO Petroleum a 70% stake in the … Source: IBTimes [mappress] Source: IBTimes, July 20, 2011;

  • 4 June 2012
    Business & Finance

    Russia’s LUKOIL last week took over the operatorship of offshore exploration projects CI-101 and CI-401 (Republic of Cote d’Ivoire) and Cape Three Points Deep Water (CTPDW, Republic of Ghana) from Vanco Group. All of the three blocks are located close to each other on the deepwater continental slope in the Gulf of Guinea. LUKOIL Overseas […]

  • 12 May 2014

    Lukoil Overseas, operator of international upstream projects of LUKOIL Group, has confirmed that on Thursday, May 8th, 2014 a helicopter crashed in the coast waters of the Republic of Ghana 3.4 nautical miles (5.4 km) from Takoradi. The transportation helicopter operated by the local airline carrier and on contract to LUKOIL was on a routine […]

  • 23 October 2013

    LUKOIL Overseas, operator of international upstream projects and a 100% subsidiary of LUKOIL, completed drilling of the first exploration well on Savannah structure (SL-5-11 deepwater block) offshore Sierra Leone. The well depth is more than 4,700 m, water depth at the drilling site exceeds 2,000 m. Drilling was accomplished using Ocean Rig Eirik Raude, world’s […]

  • 10 February 2015
    Business & Finance, Equipment

    AGR has announced a contract win to optimise drilling performance with LUKOIL Overseas, the operator of LUKOIL’s international upstream projects. The contract covers LUKOIL’s drilling operations in several territories internationally, including Middle East, Black Sea, Africa and Central Asia. AGR says it will increase LUKOIL’s drilling efficiency by reviewing well planning and drilling programmes, conducting […]

  • 14 June 2013
    Business & Finance

    Based on the results of the 22nd licensing round conducted by the Norwegian Ministry of Oil and Energy, Russian oil company LUKOIL was awarded two licenses in the Norwegian sector of the Barents Sea. These licenses are: – Block 719 (Fingerdjupet Region) with LUKOIL holding a 30% interest, Centrica – 50% interest (operator) and North […]

  • 7 October 2015
    Exploration & Production

    Lukoil, Russian largest privately held oil company, is backing away from its exploration project in Sierra Leone. The company is reportedly abandoning Sierra Leone following disappointing exploration results. To remind, in 2011, Lukoil, through its wholly owned subsidiary Lukoil Overseas as the Operator with a 49% share, entered the production sharing agreement (PSA) for exploration […]

  • 23 February 2015
    Business & Finance, Equipment

    Norway-based oil and gas service company AGR has announced a further contract award for its well intelligence software solution, iQx™, with LUKOIL Overseas North Shelf AS. The contract is worth 1 million NOK ($132 100). AGR’s iQx™ software, which was commercialised in 2013, was designed to simplify and increase efficiency of the planning and execution […]

  • 23 February 2015
    Business & Finance, Equipment, Project & Tenders

    AGR has secured a further contract award for its well intelligence software solution, iQx, with LUKOIL Overseas North Shelf AS. The latest deal follows previous contract awards in 2014 with Det Norske Oljeselskap, VNG (Norge), OMV (Norge) and Lundin Norway. According to AGR, iQx software was designed to simplify and increase efficiency of the planning […]

  • 7 December 2011
    Business & Finance

    Vanco Côte d’Ivoire Ltd. (Vanco), together with its partners LUKOIL Overseas Côte d’Ivoire Ltd. and PETROCI Holding, announced a hydrocarbon discovery in offshore Block CI-401. The Independance-1X exploration well drilled on Block CI-401 has penetrated the targeted objective and found a series of good-quality sandstones containing light oil. Full analysis of well results, including wireline […]

  • 6 April 2012

    Lukoil, a Russian oil and gas exploration and production company, plans to spend approximately USD 100 million on exploration activities off the coast of Sierra Leone, AFP reports. Anatoli Katoshin, Lukoil vice-president told AFP “We are going to invest $100 million in the first phase of an oil exploration venture in the first quarter of […]

  • 3 April 2014
    Business & Finance, Project & Tenders

    LUKOIL Overseas has completed drilling its first offshore exploration well, Capitaine East-1x, at block CI-101 in the Republic of Côte d’Ivoire. The well penetrated through 140 meters of sandstone from a Turonian formation. The survey confirmed the presence of hydrocarbons, indicating the oil potential of the area. The Capitaine East-1X well target depth exceeds 5,200 […]