News

​LUKOIL's educational project was named the best in the Talent Development Programme of the Year category of the international Oil & Gas Middle East Awards. The awards ceremony took place in the UAE.

An integrated retraining programme for local specialists at the West Qurna-2 project aids in developing the talent pool of Iraqi energy sphere. It also helps to implement the Company's strategy of system modelling and optimization of oil production.

The 19th annual Oil & Gas Middle East Awards is one of the most prestigious international contests. Over 200 oil & gas and service companies that operate in the Middle East competed in 20 categories.

LUKOIL became the first Russian company to receive international Sustainability Innovation Awards for organizing safe drinking water supply for the people who live in the Company's regions of operation in Iraq, Mexico, Uzbekistan and Russia.

Among the implemented projects is the construction of a 210-meter-deep well that was drilled last year and now provides water for about 2,300 inhabitants of El Bellote and some surrounding areas in Central Mexico. Since 2010, the Company has been supporting a bottled water supply programme for residential schools and care centres for elderly people in 9 areas of Uzbekistan. This initiative helps over 2 thousand people. Since the launch of the programme, over 175 tonnes of drinking water have been supplied.

In 2012, the Company launched a project of supplying fresh water to the schools and childcare centres in Basra Province, Iraq. Since that time, about 20 thousand tonnes of drinking water was provided to schools and nurseries across the region.

Over 100 school classes have also been equipped with air-conditioning systems. The project aids in protecting health of 32 thousand kids in 85 education facilities.

As part of its environmental activities, LUKOIL has also contributed to the Federal project "Clean water" in the Republic of Komi, Russia.

Over the five years, drinking water supply systems were created in five settlements, purification facilities were built and modernized. To this day, about 5 thousand locals got access to safe drinking water. This initiative became winner of "Best Social Projects of Russia" contest.

The Company's charity projects fall in line with LUKOIL Group Sustainability Policy and focus on improving social and economic environment in its regions of operation.

LUKOIL Mid-East Limited (a part of LUKOIL Group) put into operation two new multi-well pads at the West Qurna-2 field today. The bringing in of new wells allowed to significantly increase output from the Mishrif accumulation. In accordance with the Service Contract, the Company carried out its obligations to reach the target production level of 480 thousand barrels per day at the West Qurna-2 project.​

The new well pads became the largest constructed since the very beginning of the development of the field. Field facilities include 47 new production wells, 27 km of overhead power lines, and 16 km of field pipelines. The facilities feature modern production automation systems to conduct all necessary management and extraction control operations remotely. Mechanization of production and water supply wells includes use of high-tech downhole equipment that allows to monitor inflow from the reservoirs.

The new well pads will ensure stable production levels at the West Qurna-2 field and provide new jobs for local residents.

LUKOIL has produced one billion barrels of oil at West Qurna-2, Iraq, since the launch of commercial operation of the field. The landmark achievement has been reached as the company stands on the threshold of its 30th anniversary. Special events on the occasion of the company's milestone year were attended by the Minister of Oil of Iraq Ihsan Abdul Jabbar Ismail, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Iraq Elbrus Kutrashev and the President of LUKOIL Vagit Alekperov.  

Ihsan Abdul Jabbar Ismail and Elbrus Kutrashev praised LUKOIL for its success in West Qurna-2 and Block-10 projects, including the discovery of the major Eridu field. Vagit Alekperov noted the ​company's interest in continuing operations in Iraq.

Managing Director of LUKOIL Mid-East Limited Egor Zubarev met Iraqi Minister of Oil Ihsan Abdul Jabbar in Baghdad.​ During the meeting, Managing Director of LUKOIL Mid-East Limited Egor Zubarev informed Iraqi Minister of Oil Ihsan Abdul Jabbar on the Company’s operating activities in Iraq. He stressed that the Company ensures safe and continuous operations at the West Qurna-2 oilfield. Mr. Jabbar, for his part, emphasized the importance of cooperation with international oil companies to address the objectives of Iraqi oil and gas industry. The parties also discussed further development of joint projects.

Today, within the framework of the World Energy Congress held in Abu Dhabi under the patronage of the Ministry of energy of the United Arab Emirates, Minister of Energy of the Russian Federation Alexander Novak visited the stand of PJSC LUKOIL.

Denis Dolgov, Vice President of PJSC LUKOIL for Power Generation, and Marat Salikhov, Managing Director of LUKOIL Mid-East Limited, welcomed the Minister to the company's stand and thanked him for supporting LUKOIL's activities in the Middle East.

Alexander Novak, in turn, expressed his gratitude to the Company for its active participation in the event aimed at strengthening business ties between Russia and the countries of the region.