Gazprom, Schlumberger sign tech agreement

December 21, 2012

Gazprom Geologorazvedka and Schlumberger Russia and Central Asia (RCA) today signed a technology cooperation framework agreement under the chairmanship of Vsevolod Cherepanov, member of the management committee, head of the Gas, Gas Condensate and Oil Production Department, Gazprom.

Gazprom drillersImage: Gazprom

The agreement was signed by the general director of Gazprom Geologorazvedka, Alexey Davydov, and the president of Schlumberger RCA, Gokhan Saygi. Cooperation will be built around joint technology projects with a focus on maximizing the efficiency of exploration for Gazprom’s land and offshore fields and license areas in the Russian Federation.

The agreement includes the introduction of Schlumberger technology solutions and software products and development of a personnel training program. Both parties will contribute personnel and technology re-sources. To oversee and implement the agreement, a coordination committee and working group comprised of representatives from both companies will be established.

The head of Gazprom’s Department of Gas, Gas Condensate and Oil Production, Vsevolod Cherepanov noted, “Gazprom already has experience of cooperation with Schlumberger. We have the Coordinating Committee and Interim Working Group to implement technology cooperation between the companies. The Coordinating Committee has prepared and agreed upon a Technology Cooperation Program between Gazprom and Schlumberger for 2013-2015, focused on cooperation in land and offshore exploration, development and production projects. Today’s event means continuation and strengthening of partnership relationships.”

The general director of Gazprom Geologorazvedka, Alexey Davydov said, “Our company is focused on efficient hydrocarbon exploration. Today we carry out exploration in 49 license areas in the most challenging regions: beyond the Arctic Circle, in the tundra and on the Arctic Shelf. We have already used Schlumberger services to drill an exploration well in the Chayandinskoye oil and gas condensate field in Yakutia, and we embark on a new stage of cooperation today. The cooperation will help us to engage additional resources and capabilities for implementation of exploration projects of any complexity. I am confident that this will become essential for successful operations of our company, focused on increasing Gazprom Group’s hydrocarbon reserves.”

Gokhan Saygi, president, Schlumberger RCA, added, “We are pleased to be strengthening our relationship with Gazprom Geologorazvedka and to offer our advanced science-based technology solutions through this important cooperation agreement.”

This agreement follows the framework agreement on development of technology cooperation between Gazprom and Schlumberger signed in 2008.



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