Gazprom Neft and Zarubezhneft have been working together successfully as part of the “Carbonate Consortium” established in November 2017. This consortium has become a platform for examining various aspects of production activities, as well as for sharing experience and developing joint expertise in various technological solutions.

Gazprom Neft PJSC is a vertically integrated oil company, primarily involved in oil and gas exploration and production, refining, and the production and sale of oil products. Gazprom Neft’s corporate structure encompasses more than 70 exploration and production, refining, and retailing enterprises throughout Russia, the CIS and worldwide.

Gazprom Neft is one of the world’s top-10 public companies by proven liquid hydrocarbon reserves, and a global leader in the rapidity of its reserves replacement. Gazprom Neft is one of Russia’s top three companies in terms of oil production and refining. The company’s hydrocarbon production stood at 96.1 million tonnes of oil equivalent (mtoe) in 2019, while refining volumes totalled 41.5 tonnes.

Zarubezhneft JSC is a strategically important Russian oil and gas company with a rich history, and 50 years’ unique experience in international operations. Its projects include working offshore as part of the Vietsovpetro joint venture, developing fields in the Nenetsk Autonomous Okrug as part of the Rusvietpetro joint venture and production sharing agreement (PSA) at the Kharyaginskoye field, using field-development technologies in Cuba, and being involved in oil refining and sales in Republika Srpska (Bosnia and Herzegovina).