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    LKOH   RU0009024277

PJSC LUKOIL

(LKOH)
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PJSC Lukoil : LUKOIL AND GAZPROM NEFT AGREE TO COOPERATE ON DEVELOPMENT OF OIL RECOVERY ENHANCEMENT TECHNOLOGIES

10/15/2021 | 05:12am EST
LUKOIL AND GAZPROM NEFT AGREE TO COOPERATE ON DEVELOPMENT OF OIL RECOVERY ENHANCEMENT TECHNOLOGIES

Friday, October 15, 2021

<_a103a_updated style="display: none"> { 10/15/2021 12:04:13 PM }

LUKOIL and Gazprom Neft concluded an agreement on cooperation in implementation of oil recovery enhancement projects. The agreement provides for joint work on improving chemical methods of enhanced oil recovery. It will lay the foundation for best practices exchange and collaboration in lab research, as well as for studies of surface-active agents and production stimulation chemicals.

The companies plan to join their efforts to develop national production of chemical agents and equipment for manufacturing of surfactant-polymer and polymer solutions for oil recovery enhancement. They also aim to test and introduce new chemical compounds when developing mature reserves at their fields.​

LUKOIL and Gazprom Neft will also evaluate prospects for creation of competence centres that would apply innovative equipment to select surfactant and polymer formulae.

  • Press release in PDF
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Press Centre PJSC "LUKOIL"

media@lukoil.com

+7 (495) 627-16-77

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Disclaimer

OAO Lukoil published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 09:11:02 UTC.


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Vagit Yusufovich Alekperov President, Chief Executive Officer & Director
Pavel Lukoil Zhdanov Vice President-Finance
Ravil Ulfatovich Maganov Chairman
Roger Llewelyn Munnings Independent Director
Lyubov Nikolayevna Khoba Director
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