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11/02/2014
13:53
Gazprom neft/Schlumberger expands cooperation.

Gazprom neft and Schlumberger signed addendum to the agreement settled in 2011 on technological cooperation, the company informed.

The cooperation will be expanded to raise efficiency of the development of the hard-to-recover reserves of shale oil in the Western Siberia.

It concerns development of Krasnoleninskoe field and some other non-traditional oil reserves.

Schlumberger is ready to provide proved technological decisions supported by the experience and knowledge. The representatives of the companies will enter into a joint coordination committee to determine the targets and criteria of efficiency.

Gazprom neft (TIN 5504036333) is ranked as the 5th oil producer by the crude output in Russia. The Company and its subs keep 61 licenses on the development of the oil fields. It has 4.5bn barrels in reserves. The major holder is Gazprom.

The 9-month 2013 net profit (RAS) declined 22% to 51.681bn rub. The revenues moved up 9% to 735.62bn rub.; gross profit - 20% to 118.209bn rub.; pretax profit climbed down 16.1% to 62.7bn rub.

The 9-month 2013 net profit as of the holders (IAS) increased 0.4% to 135.154bn rub. from 134.677bn rub.; tumbled (IAS) 18.2% to 39.567bn rub. The revenues declined 0.7% to 1.117tril rub. from 1.125tril rub.; EBITDA rose 2.6% to 236.28bn rub. from 230.333bn rub.



"AK&M", 11.02.2014

 

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