Lukoil to Start Oil Production at New Caspian Field in 2023

Russia's biggest independent oil producer Lukoil plans to start commercial oil production at its new Caspian field in 2023, the company said on Tuesday.

Lukoil said it expected to reach peak production at the Rakushechnoye field of 1.2 million metric tons a year but did not specify when this would be achieved.


(Writing by Andrey Kuzmin Editing by Edmund Blair)

Current News

Talos Energy Makes Leadership Team Changes

Talos Energy Makes Leadership

SOVs – Analyzing Current, Future Demand Drivers

SOVs – Analyzing Current, Futu

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

Equinor Cleared for Drilling O

Skanska Set for South Brooklyn Marine Terminal Buildout

Skanska Set for South Brooklyn

Subscribe for OE Digital E‑News

Offshore Engineer Magazine