Lukoil 2020 Capex May Exceed $8 Bln

Thursday, May 30, 2019

Russian oil producer Lukoil's capital expenditure may exceed $8 billion next year, the company's Vice President Pavel Zhdanov said on Thursday.

The oil producer sees its capex at between 475 billion and 500 billion roubles this year, depending on the global oil deal between OPEC and its allies, he said on a conference call.


(Reporting by Vladimir Soldatkin, Olesya Astakhova; writing by Tom Balmforth)

Categories: Finance Energy Drilling Russia Industry News Oil Production

Related Stories

European LNG Imports Up with Asian Influx

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

China’s CNOOC Brings Bohai Sea Oil Field On Stream

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Transocean’s Drillship to Stay in India Under New $111M Deal

Makin' a List ... Trump Prioritizes Energy Exploration, Production, Export

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

CNOOC Kicks Off Production from Bohai Bay Field

CNOOC Starts Production from Deepwater Gas Project in South China Sea

Current News

McDermott Concludes Work at PTTEP’s Kikeh Gas Field Off Malaysia

Japan's Mitsui Eyes Alaska LNG Project

Santos Hires Weststar-GAP for Timor-Leste Offshore Helicopter Services

Petronas Preps for Sabah-Sarawak Gas Pipeline Decom Op

European LNG Imports Up with Asian Influx

Sunda Energy Starts Environmental Survey for Timor-Leste Oil and Gas Field

Kazakhstan Looks to Improve Oil Production Agreements Terms

ConocoPhillips Takes Over Operatorship of Malaysian Oil and Gas Cluster

VIDEO: AIRCAT Crewliner takes Shape to Service Offshore for TotalEnergies Angola

China's CNOOC Aims for Record Oil and Gas Production in 2025

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