Lukoil to Start Oil Production at New Caspian Field in 2023

Tuesday, October 16, 2018

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)

Categories: Middle East Oil Offshore Energy Energy

Related Stories

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Energean’s Profit Rises as Israeli Gas Operations Recover

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Strait of Hormuz Shipping Marks Slight Rise

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises 2% as Middle East Hostilities Escalate

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Greater Sunrise Gas Production Pushed Back to 2034

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Petronas Awards Estuary Cluster PSC to Harvester Energy

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com