Gazprom Neft PJSC is a vertically integrated oil company, primarily engaged in the exploration and development of oil and gas fields, oil refining, and the production and sale of petroleum products. Gazprom Neft’s corporate structure encompasses more than 70 exploration and production, refining, and retailing enterprises throughout Russia, the CIS and worldwide.
Gazprom Neft is one of the world’s top-10 public companies by proven liquid hydrocarbon reserves, and a global leader in the rapidity of its reserves replacement. Gazprom Neft is one of Russia’s top three companies in terms of oil production and refining. The company’s hydrocarbon production stood at 96.1 million tonnes of oil equivalent (mtoe) in 2019, while refining volumes totalled 41.5 tonnes.
PJSC LUKOIL is one of the largest international vertically integrated oil companies which provides about 2% of global oil production and about 1% of global oil reserves. Its main business activities are exploration and development of oil and gas fields, production and distribution of oil products and petrochemicals, power supply. LUKOIL’s share in Russian oil production and refining is 15%. In 2019, LUKOIL produced 87,5 mln tonnes of oil and 35 bcm of natural gas, refined 68,7 mln tonnes of oil. The company successfully develops hard-to-recovery oil reserves at the Imilor field in Western Siberia, the Usinskoye and Yarega fields in the Komi Republic and other projects. In 2019 alone, advanced technologies allowed LUKOIL to increase production at key fields with highly viscous oil and low permeability reservoirs by 20%.
TATNEFT is one of the largest Russian vertically integrated oil companies, which includes dynamically developing oil and gas production, oil refining, petrochemicals production, a tyre manufacturing complex, a fuel filling station chain, as well as electric generating entities, development and manufacturing of equipment for the oil and gas industry, and a block of service structures.
The Company has considerable technological experience in developing hard-to-recover reserves. TATNEFT is the first Russian owner of a full cycle of technologies from exploration, engineering design and management of the high-viscosity oil fields development to heavy oil treatment and preparation thereof for refining and sale. The Company has patented more than 260 technologies and technical solutions in this area.