Oil gathering and preparation are carried out at this industrial facility. The Badra field was connected to the main Iraqi oil pipeline system by a 165-kilometer-long pipeline. Industry-specific and extensively researched technical data (partially from exclusive https://g-markets.net/ partnerships). Detailed insights into open, awarded and pre-solicited tenders and contracts for Gazprom Neft. Solar panels can be another example of the usage of modern technologies. They allow the block valve station to work independently from electricity.
- OPEC+ will hold a meeting of a key ministerial panel next Thursday.
- It allowed for the commercial production of oil to begin in May 2014.
- Industry-specific and extensively researched technical data (partially from exclusive partnerships).
- In 2013, the company entered the Halabja project (80% share) with reserves of 90 million tonnes of oil.
20% of Gazprom Neft’s shares were originally owned by the Italian oil and gas company Eni before being purchased by Gazprom for $4.1 billion in April 2009. Over a short period, new infrastructure for the field’s commercial development has been installed at the oil field. It allowed for the commercial production of oil to begin in May 2014. OPEC+ will hold a meeting of a key ministerial panel next Thursday. The group’s sources said that it will likely decide its oil production levels for April and beyond in the coming weeks. He also said that the new oil supply cuts, implemented by the OPEC+ group of leading oil producers from the start of January, will balance the market.
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The company is conducting a program of the retraining of Iraqi professionals to work in the field. Prospective employees undergo a special 2-year profession and language training program. Today, more than 90 Iraqis have already been employed at the field. Alexander Dyukov, gazpromneft the head of Russian oil major Gazprom Neft, said on Saturday that there was a slight surplus on the global oil market. The first line of the central processing facility (CPF) has already been put into operation with a capacity of 60 thousand barrels per day.
Oil fields development
Last November, OPEC+ agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first quarter of this year led by Saudi Arabia rolling over a 1 million bpd voluntary reduction. Acquisition of interest in the Garmian (40%) and Shakal (80%) projects in Kurdistan region in 2012. In 2013, the company entered the Halabja project (80% share) with reserves of 90 million tonnes of oil. The Novoportovskoye field will be developed in two phases, first focussing on the southern part of the field where peak production will reach 5 mln tonnes of oil per year. The second phase will look at the northern part of the field, where peak production is expected to reach 3 mln tonnes of oil per year. For the town of Badra the oil field is, in fact, a local economic mainstay, as almost 30% of its residents work at the production field.
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Production volumes in 2012 increased by 4.3% in comparison with 2011, refining throughput grew by 7%, revenue was up 19.5% with EBITDA and net profit advancing by 7.7% and 9.9% accordingly. International experience gained in Badra will be extremely useful for future international projects of Gazprom Neft. The Badra oil field development project is scheduled to last 20 years with a possible five-year extension. Production is expected to reach 170,000 barrels of oil per day, which is around 8.5 million tons a year by 2017, and it will remain at this level for seven years. The principal owner of Gazprom Neft is OAO Gazprom, which controls 95.68% of the company’s shares, while the remaining 4.32% are publicly traded.
Перевод “gazpromneft” на русский
Gazprom Neft, a subsidiary of Gazprom, is an integrated oil and gas company. The company operates in Khanty-Mansi and Yamalo-Nenets Autonomous Districts, and Tomsk, Omsk and Orenburg regions in Russia; and also has production projects in Iraq and other regions. It processes crude oil into refined products such as aviation fuel, motor fuel and others.
Gazprom Neft also operates refining facilities in Omsk, Moscow and Yaroslavl regions in Russia and Serbia. The company distributes products through a network of retail outlets in Russia and overseas. The Badra oil field development consortium annually invests in education, medicine and other social projects in Iraq. In 2013 Gazprom Neft donated some buses to the University in Kut, allowing students from the surrounding villages to regularly attend classes. In Badra City additional buildings for three secondary schools have been built in 2014.
Moreover, Gazprom Neft provided modern computer equipment to the schools of the city. Gazprom Neft financed the renovation of the town medical clinic in Badra and supplied an emergency medical care unit with modern medical equipment. Also, the renovation and construction of power grids in Badra was financed in 2013. By the end of 2012 Gazprom Neft accounted for 10% of oil and gas production and 14.6% of refining activities in Russia.
By 2020, the Messoyakha fields are expected to be producing eight million tonnes per year, with the first million produced by 2016. In 2012, Gazprom Neft switched from US GAAP reporting in dollars to International Financial Reporting Standards (IFRS) reporting in rubles. In September 2005, Gazprom bought 75.7% of Sibneft’s shares from Millhouse Capital (Roman Abramovich’s investment vehicle) for US$13.1 billion in Russia’s largest corporate takeover.