A mission to develop Gazprom Neft’s Arctic asset, the Novoportovskoye area, has gained the Excellence in Project Integration award,1 awarded yearly on the International Petroleum Technology Conference (IPTC). The award is made for a mission involving funding in extra of $500 million, and demonstrating industry-level excellence all through your complete worth chain: in mission administration, geology, drilling, engineering, building, HSE and regional improvement. Gazprom Neft is the primary Russian firm to obtain this prestigious award. A significant occasion for the worldwide oil and fuel , the convention is organised with a view to selling new data and achievements in analysis and improvement. The occasion has already been operating for the final 15 years, with discussion board members gathering in Dhahran (Kingdom of Saudi Arabia) in 2020.
The Novy Port mission was among the many three finalists for the IPTC award, along with Total’s 1,950-km ultra-deep-water Kaombo mission on the Angolan continental shelf, and Petronas’ Satu mission, one of many world’s first floating LNG crops. International consultants assessed 17 initiatives in whole, from 9 nations worldwide. Gazprom Neft’s Arctic asset obtained excessive rankings from the skilled neighborhood for the corporate’s distinctive achievements in managing and overseeing an built-in oil and fuel mission.
«The improvement of the Novoportovskoye area is a novel mission, because of which Yamal oil has, for the primary time, been shipped to Europe through the Northern Sea Route, all yr spherical. This has made potential the formation of a significant oil and fuel cluster past the Russian Arctic Circle. We are in the present day efficiently growing advanced multicomponent oil and fuel reserves underneath permafrost situations, are utilizing cutting-edge applied sciences and, supported by the digital asset fashions we have now developed, are figuring out and making use of the simplest options potential. This excessive recognition, from the worldwide neighborhood, proves that our firm stays on the forefront of technological improvement and is able to grasp probably the most advanced initiatives, together with within the Arctic», mentioned Vadim Yakovlev, Deputy CEO for Exploration and Production, Gazprom Neft)
(Source and picture: Gazprom Neft)

The publish GAZPROM NEFT FIRST RUSSIAN COMPANY TO WIN THE IPTC AWARD appeared first on Energy Global News.

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