Press releases

​LUKOIL's oil production at its Caspian Vladimir Filanovsky field exceeded 30 million tonnes. The Company also completed the second stage of development of the Yury Korchagin and continues development of its​ third Caspian field – the Valery Grayfer field. ​

Delegation members went to the oil platform of the Vladimir Filanovsky field in the Caspian Sea and observed the full hydrocarbon production cycle: from extraction to treatment and transportation onshore, as well as the "zero discharge" system employed at all LUKOIL's offshore projects.

LUKOIL started drilling of an exploration well at the Shirotno-Rakushechnaya prospect structure, located to the north of the V.I. Grayfer field.

LUKOIL’s cumulative output at Vladimir Filanovsky field has exceeded 15 million metric tons. Full-scale commercial operation of the project started in the fall of 2016, i.e. eleven years after the field’s discovery.  

LUKOIL is successfully evolving its priority projects in the north of the Caspian Sea. The company continues to construct facilities at Vladimir Filanovsky, Yury Korchagin and Rakushechnoye fields.

LUKOIL’s cumulative production of oil in the Russian part of the Caspian Sea has exceeded 20 million tonnes.

President of LUKOIL Vagit Alekperov and Acting Chairman of the Board of Uzbekneftegaz Bahrom Ashrafhanov signed a memorandum of understanding​. 

LUKOIL has commissioned a steam generation farm at Yarega field of highly viscous oil in the Republic of Komi. The facility is to build up production as part of Yarega area Phase 2 development.