24.12.2019, 10:04
Tatneft, Lukoil and Gazprom Neft Set Up a Joint Venture to Develop Hard Oil Reserves
Source: OREANDA-NEWS
OREANDA-NEWS. Tatneft together with its subsidiaries Gazprom Neft (Bazhen Technological Center LLC) and Lukoil (Ritek) entered into a technological project for the development of hard-to-recover oil reserves, follows from SPARK data.
The company New Technologies for Oil Production LLC (NTND) was registered on December 23, an entry in the database about it appeared on December 24. Each of the three co-founders owns 33.3% of the joint venture. NTDN is registered in the Orenburg region. As one of the companies explained to the Russian media, this is a joint project to develop technologies for the extraction of hard-to-recover reserves.
Fundamental approaches to the regulation of the oil industry, adopted in the 1990s, when work was carried out mainly on large fields equipped in the Soviet era, today, in the era of “difficult” oil, require revision. It was previously reported that in 2018, production increased to 556 million tons, offsetting the backlog of 2017.
The company New Technologies for Oil Production LLC (NTND) was registered on December 23, an entry in the database about it appeared on December 24. Each of the three co-founders owns 33.3% of the joint venture. NTDN is registered in the Orenburg region. As one of the companies explained to the Russian media, this is a joint project to develop technologies for the extraction of hard-to-recover reserves.
Fundamental approaches to the regulation of the oil industry, adopted in the 1990s, when work was carried out mainly on large fields equipped in the Soviet era, today, in the era of “difficult” oil, require revision. It was previously reported that in 2018, production increased to 556 million tons, offsetting the backlog of 2017.
Комментарии