Gazprom Neft and Schlumberger have signed a Memorandum of Cooperation on developing digital services to improve efficiency in oil production, under a document signed by Andrey Belevtsev, Chief Digital Officer, Gazprom Neft and Rustam Biktimirov, Vice President for Digital Technologies and Integration, Schlumberger Russia and Central Asia.
The two companies have agreed to start joint activities in localising Schlumberger's technological solutions on the Russian market, and to develop software for well-design and drilling. They will also develop advanced data-analytics tools for geological prospecting and hydrodynamic simulations Another key area for cooperation will be enhanced oil recovery (EOR) technologies for use under complex geological conditions. Other companies to be recruited in implementing this project include Nedra (an oil-production solutions developer and integrator, and part of Gazprom Neft's contractors' "ecosystem"), the Moscow Research Centre (a Moscow-government R&D agency) and Schlumberger's Tyumen Competency Centre.
This partnership will secure the competitiveness of Gazprom Neft's and Schlumberger's joint developments in the light of Russian industry's current dependence on import substitution in software and in security for cloud-based technologies. Gazprom Neft will have the opportunity to commercialise its joint developments with Schlumberger throughout Russia, while also offering its digital solutions to international partners through Schlumberger's own "ecosystem".
All new technologies will be developed on the basis of International Open Subsurface Data Universe (OSDU) standards - an international data platform building on decades of major international oil and gas companies' experience.
Gazprom Neft is a vertically integrated oil company, primarily engaged in the exploration and development of oil and gas fields, oil refining, and the production and sale of petroleum products. Gazprom Neft is one of Russia's top-three companies in terms of hydrocarbon production and refining volumes. Gazprom Neft's corporate structure comprises more than 70 exploration and production, refining and retailing enterprises throughout Russia, the CIS, and the rest of the world. The company operates across 110 countries, worldwide. Gazprom Neft's filling station network currently totals more than 2,000 outlets throughout Russia, the CIS and Europe. Gazprom PJSC is the majority shareholder in Gazprom Neft PJSC (95.68%), with the remaining shares in free circulation.
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OAO Gazprom Neft published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 10:49:02 UTC.