BREAKING /
- The Net Profit of the Oil Service “OFS Technology” Tripled in 2023
- The Cost of LUKOIL’s Purchase of 50% in Kalamkas-Khazar Operating LLP Amounted to $200 Million
- Bashneft Increased Drilling Volumes by 5% in 2023
- TotalEnergies Buys Shale Gas Assets in the USA
- The First Hydraulic Fracturing Operation Using the Domestic Fleet Was Successfully Carried Out at the Vatinskoye Field in the Khanty-Mansi Autonomous Okrug
- Absheron Production 1Q 2024 Results – 400 Million Cubic Meters of Gas
- Russia Refocuses Geological Exploration on Scarce Minerals
- In Khanty-Mansi Autonomous Okrug the Demand for Geologists Has Increased by 95%
- The Deadline for Selling the Unclaimed Share of Foreigners in Sakhalin-1 Has Been Extended Until the End of the Year
- Izhevsk Plant Localizes Hydraulic Equipment in Tatarstan
Russia and CIS Operator News
The Cost of LUKOIL’s Purchase of 50% in Kalamkas-Khazar Operating LLP Amounted to $200 Million
PJSC LUKOIL, which last year acquired 50% of Kalamkas-Khazar Operating LLP (KCO), paid $200 million for this share, according to the annual report of KazMunayGas (KMG). “On February 9, 2023, the company and PJSC LUKOIL signed a purchase and sale agreement for a 50% share in the authorized capital of …
Oil & Gas Company News
The Net Profit of the Oil Service “OFS Technology” Tripled in 2023
The company noted that positive dynamics were achieved due to several factors – increasing activity on current projects and implementing new projects. The net profit of the oil service company OFS Technologies (formerly Baker Hughes in Russia) grew to 6.4 billion rubles in 2023, the company reported. This is more …
