Geological prospecting

Russian geological exploration industry almost doesn’t look for new deposits

Russian geological exploration industry almost doesn’t search for completely new fields, being content with additional exploration of already known.

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Russian companies are ready to invest into oil sector of South Sudan

Representatives of a number of Russian oil companies will soon visit South Sudan to discuss oil and gas cooperation between the countries.

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Azerbaijan and Romania to develop projects for joint participation in geological exploration and production of gas

Azerbaijani state-owned company SOCAR has expressed its interest in cooperation with Romanian company Romgaz in the field of gas geological exploration and production.

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Rosgeologiya hopes for “Golden triangle” of Egypt

Rosgeologiya plans to participate in tenders for geological exploration and development of the "Golden triangle" in Egypt in 2019, it follows from the press release of the holding company

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Gazpromneft increases its reserves even more

"Yamal-Nenets autonomous district is one of the main production centers for our company.

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Uzbekistan, SOCAR and BP discuss geological exploration of blocks of Ustyurt district and possibility to attract direct investments

Negotiations have been held between Deputy Prime Minister of the Republic of Uzbekistan Utkir Sultanov, representatives of SOCAR and BP.

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Strategy of the country’s mineral resources base development until 2035 approved in Russia

The Russian Government has approved a strategy of development of the country's mineral resource base until 2035. This was reported by the press centre of the Ministry of Natural Resources.

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Alekperov: Lukoil studies new blocks for geological exploration on Caspian shelf of Azerbaijan

Lukoil is studying new exploration blocks on shelf of Azerbaijan and Kazakhstan, head of the company Vagit Alekperov told reporters on the sidelines of the World Economic Forum in Davos.

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In 2018, Russneft increased oil reserves by almost 40 mln tons

In 2018, increase in Russneft’s reserves amounted to 39.6 million tons of oil, the level of the replenishment was 557%. The company announced this on January 22, 2019.

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