Russian energy giants Lukoil and Gazprom Neft will form a joint venture (JV) to develop a significant oil and gas cluster in the Nadym-Pur-Tazovsky region of the Yamal-Nenets autonomous district in Russia. The JV will be headquartered at Meretoyakhaneftegaz, a subsidiary of Gazprom Neft. The Tazovskoye oil and gas condensate field, which began production in […]
Gazprom Neft and Zarubezhneft have agreed to set up a joint venture for exploration and production of hard-to-recover oil reserves in the Khanty-Mansi Autonomous Okrug—Yugra in West Siberia, Russia. In this connection, the two Russian state-owned energy companies have signed a binding agreement, which also calls for developing effective technologies to meet their objective. The […]