Perspectives of cooperation in advanced EOR methods have been discussed in Gomel

Both companies are subsidiaries of the Russian oil and gas giant – OJSC Oil Company Rosneft. Grozneftegaz operates at the oil assets of the Chechen Republic, LLC RN-Stavropolneftegaz – in the Stavropol Region where it does exploration and development of almost 40 license areas.

During the meeting the parties discussed partnership perspectives in introducing advanced EOR methods, in particular, fracking at the Russian fields, and outlined further steps for the development of cooperation.