Tag Archives | Gazprom Neft

Gazprom: Badra Production Doubled

By Robert Tollast. Russia's Gazprom Neft has announced that production at the Badra field in Wasit province is close to double last year's production, now reaching 28,000 bpd. Gazprom Neft's commercial production and exports at Badra started in September last year, after the company signed a contract to develop the field in January 2010, as […]

Gazprom Increases Investment in Kurdistan

Kurdistan Region Prime Minister Nechirvan Barzani has received a delegation from the Russian Federation that included President Vladimir Putin’s Envoy to the Middle East and Deputy Foreign Minister Mikhail Bogdanov, Chairman of Gazprom Neft, Alexander Dyukov, and Deputy Energy Minister, Yuri Sentyurin. The delegation highlighted historic relations between Kurdistan and Russia, and their intention to […]

Gazprom Neft gets First Batch of Iraq Oil

Gazprom Neft, the operator of the Badra field development project, has received the first batch of Kirkuk grade oil from the Iraqi government. The crude oil has been given to the company in compensation for its investment in the field development. 500 thousand barrels (about 70 thousand tonnes) of oil was delivered in the first […]

Gazprom Neft to Conduct Seismic Survey

Gazprom Neft is to conduct a 2D seismic survey on the south-eastern section of the Halabja block. The technical equipment and personnel required for the survey are currently being transferred from the south-western section, where the company has already successfully completed a survey spanning 225 linear km. 2D seismic surveys covering approximately 870 linear km […]

Gazprom 'Forced to Quit Halabja Block'

By John Lee. Rudaw reports that Russia's Gazprom Neft has been forced to halt operations at its Halabja block following demonstrations by hundreds of protestors from 34 villages around the town of Darbandikhan. According to the report, the protesters have given the oil company until 20th October to stop all exploration activity, claiming that “scientific […]

Gazprom Starts Oil Deliveries from Badra

By John Lee. Russia's Gazprom Neft, the operator of the Badra oil field (pictured) in Iraq, has announced that first oil from the field is now being delivered to Iraq’s main pipeline system for transfer to the export terminal in Basra, on the Persian Gulf. Current deliveries from Badra to the pipeline stand at over […]

Gazprom Begins Production at Badra

By Patrick M Schmidt. The Iraqi Ministry of Oil has announced that Gazprom Neft, a division of the Russian state-owned Gazprom, had begun production at Badra oilfield in the eastern province of Wasit. "Oil flow from Badra has started on Monday to fill the oilfield storages in preparing to feed the export," said Ministry of […]

Gazprom Neft "has No Problems in Iraq"

By John Lee. Gazprom Neft has said it has no problems in Iraq and does not feel that its work in the country is under threat. Deputy CEO Vadim Yakovlev (pictured) told reporters on Tuesday: “Of course we are worried because we operate there and our people are still working ... [but] we do not […]

Gazprom Neft Begins Production at Badra

On 31 May, Gazprom Neft began production at the Badra oilfield in Iraq. The central gathering station (CGS) is currently undergoing complex testing of its crude oil processing system. Testing will be completed in three months once enough oil has been accumulated for commercial production to begin. The Badra field will then be ready to […]

Iran Announce Work at Azar-Badra Field

By John Lee. Iran have announced that drilling will begin next year at the Azar oil field, which is known as Badra on the Iraqi side of the border. On the Iraqi side, Badra is operated by Gazprom Neft. Saying that initial activity should yield some 30,000 bpd with a later target of 65,000 bpd, […]

Gazprom Connects Badra to Main Pipeline

Gazprom Neft has completed laying, testing and connecting a 165 km oil pipeline from the Badra field, which the Company operates in Iraq, to the Gharraf oilfield (Nasiriyah district, Iraq). With infrastructure already in place at Gharraf, completion of the pipeline from Badra means that the field is now connected to the main Iraqi pipeline […]

Gazprom Raises Cost Estimate For Iraq Field

Russia's Gazprom Neft has increased its estimated costs for the Badra oil field to about US $3 billion, reports Bloomberg, citing a bond prospectus recently issued by its parent company. The company had previously forecast costs at about $2 billion. The field is being developed by Gazprom as lead partner (30% stake), along with Korea’s […]