The development strategy for the new joint venture is aimed at addressing the challenge of digitally transforming the oil and gas sector through the application of Industry 4.0 technologies
Gazprom Neft
Gazprom Neft produces its 100-millionth barrel of oil at Iraq’s Badra field
Gazprom Neft subsidiary Gazpromneft-Badra has now produced 13.5mn tonnes, or 100mn barrels, of oil
Gazprom Neft and Zyfra ink agreement to develop digital products, eye foreign markets
The collaboration will be focused on developing digital services for integrated planning, operational planning and record keeping at oil refineries, monitoring and product quality control
Gazprom Neft and ICS Holding to form digital technology joint venture
The companies signed a preliminary agreement to work together on digital transformation technologies including artificial intelligence and data processing algorithms
Mubadala Petroleum to develop Russian oilfields with Gazprom Neft and Russian Direct Investment Fund
The joint venture, Mubadala’s first step into the Russian oil market, will develop oilfields in Western Siberia.
RDIF, Mubadala, Gazprom announce joint venture to develop Siberian oil fields
RDIF and Mubadala Petroleum will acquire a 49% equity stake in Gazpromneft-Vostok, the operator of the fields. Mubadala Petroleum will hold a 44% interest and RDIF will hold the remaining 5% interest.
Badra oilfield producing 15,000 barrels per day
Investors will now begin to receive remuneration
Gazprom Neft begins production at Badra
Production in the field will peak at 170,000 bpd
Gazprom Neft begins production at Badra, Iraq
Initial production targets will be set at 15,000 bpd.