Lukoil to Start Oil Production at New Caspian Field in 2023

Published

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

Longitude Launches New PSV Design to Target Cost Efficiencies

Longitude Launches New PSV Des

ConocoPhillips to Cut Costs as Oil Prices Weigh on Earnings

ConocoPhillips to Cut Costs as

Stena Drilling’s Stena Evolution Drillship Gets DNV’s Emissions Notation

Stena Drilling’s Stena Evoluti

EnBW and Google Agree Offshore Wind Power Supply in Germany

EnBW and Google Agree Offshore

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine