Lukoil
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Transactions
Cairn Energy to Pay Special Dividend after $400 Million Asset Sale
Cairn Energy to Pay Special Dividend after $400 Million Asset Sale
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New Financings
Plans to acquire 42.5 million of its own shares in the form of depository receipts held by ConocoPhillips…
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News
Deepwater Roundup 2024: Offshore Africa
Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.
Chairman of Russia's Oil Major Lukoil Dies Suddenly Aged 66
The previous board head of Lukoil died in September of last year after falling from a hospital window in Moscow, just a couple months after the Russian oil major took a public stand against the country's invasion of Ukraine.Â
Russia's Lukoil Looks to Sell Stake in Ghana's Pecan Field
Lukoil is talking directly to potential buyers for its offshore Pecan oilfield stake because investment bankers are not getting involved due to western sanctions on Russia.
Shell Sells Russian Retail Business to Lukoil
The deal includes 411 retail stations and a lubricants blending plant.
Wintershall Dea Exits Russian Oil Venture, Focuses on Gas
Wintershall Dea transferred its 50% stake to its long-standing partner in southern Russia by mutual agreement.
Russia’s Lukoil Swings into Q3 Profit, Boosts Oil Output in Iraq
Lukoil has faced a pandemic fallout as well as a weaker rouble, which has inflated its debt.
Best of This Week’s Drilling Activity Highlights (July 31, 2020)
An Alaskan North Slope oil discovery by Oil Search plus plans for deep, unconventional gas exploratory wells in Saudi Arabia’s Rub al-Khali region top this week’s drilling activity highlights from around the world.
Lukoil's Hydrocarbon Output Rises 2.8%
Oil production, excluding the project, totaled 42.6 million tonnes for the half year, up 1.3% year-on-year.
Lukoil Acquires 25% Stake In Congo License For $800 Million Cash
PJSC Lukoil concludes an agreement with New Age M12 Holdings Ltd. to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.
Lukoil, Inpex Flow Oil At Eridu Field In Iraq
Lukoil reported March 26 that the well, the fifth of the appraisal phase at the Block 10 field, proved the current geological model of the field as effective.
Lukoil Reaches Milestone At Filanovsky Field
Lukoil has reached another milestone with ten million tonnes of oil supplied from its Vladimir Filanovsky Field to the Caspian Pipeline Consortium (CPC) system, the company said on March 14.
Russian Oil Output Down In February, Misses Global Deal Target
Russian production is 97,000 bbl/d below October’s level, but commitment was for 228,000 bbl/d.