Gazprom Neft, Ministry of Energy, and Ministry of Industry and Trade Sign Roadmap

October 13, 2023

Gazprom Neft, the Ministry of Energy of the Russian Federation, and the Ministry of Industry and Trade of the Russian Federation signed a roadmap for the development of domestically manufactured equipment for drilling and onshore hydrocarbon production. The document identifies specific steps to implement the relevant agreement between Gazprom Neft and the Russian Government. The roadmap was signed on the sidelines of the Russian Energy Week (REW) by First Deputy Minister of Energy Pavel Sorokin, Deputy Minister of Industry and Trade Mikhail Ivanov, and Gazprom Neft Deputy General Director for Exploration and Production Vadim Yakovlev.

The roadmap outlines the development stages of 19 areas of focus that aim to substitute imports of onshore drilling and hydrocarbon extraction equipment for the period until 2030. The priorities include creating a complex for hydraulic fracturing, high-tech drilling equipment, telemetry systems, and new materials.

The document contains a list of technical partners in each area and regulates their interaction. The Ministry of Energy and the Ministry of Industry and Trade serve as coordinators for the implementation of the projects. One of the key objectives of the roadmap is to create a mechanism for the government to provide subsidies to technology developers, as well as other support measures. Gazprom Neft is also exploring the possibility of introducing carbon dioxide (CO2) capture and storage technologies.

In September 2023, the Russian Government and Gazprom Neft agreed to join forces to develop Russian-made drilling and onshore hydrocarbon extraction equipment. The corresponding document was signed at the Industrial and Energy Forum in Tyumen. The agreement stipulates that Russian oil companies and other organizations that are interested in developing domestic technologies for the oil and gas industry could participate in implementing projects.

Gazprom Neft Deputy General Director Vadim Yakovlev: “We have identified key projects that encompass our production chain. However, we are well aware that there is a much broader scale of challenges facing the industry. Therefore, we call on both manufacturers and our colleagues from the oil and gas industry to join this document: the greater the demand, the more large-scale projects and competitive offers will be available to us.”

First Deputy Minister of Energy of the Russian Federation Pavel Sorokin: “Systematic work is underway to provide oil and gas companies with the equipment they need. This above all involves unifying industry demand and a common approach to creating goals for the industry. The Coordination Council for Import Substitution in the Fuel and Energy Industry has already identified priorities for creating innovations over the entire spectrum, from geological exploration to hydrocarbon processing, as well as positions that do not yet have analogues in Russia. And the current document is another practical step in our joint work to achieve technological sovereignty in one of the most important sectors of the domestic economy.”

Deputy Minister of Industry and Trade of the Russian Federation Mikhail Ivanov: “The roadmap provides a detailed breakdown of the areas of cooperation needed to develop critical technologies in onshore production and drilling to further build on the recently signed agreement between the Russian government and Gazprom Neft.”

The Russian Energy Week International Forum is a key global platform for discussing current trends in the development of the modern fuel and energy sector. This event is traditionally held at the highest level, featuring the participation of leaders from the largest companies in the energy industry. In 2022, more than 70 events, with the involvement of over 270 speakers, were held as part of REW. The Forum attracted over 3,000 participants and media representatives from Russia, as well as 83 foreign countries and territories. The Forum is organized by the Roscongress Foundation and the Ministry of Energy of the Russian Federation, with the support of the Moscow City Government.

Official website of REW: rusenergyweek.com. For news about the event and the industry, please follow the official REW page on VK.

Source: Gazprom Neft, gazprom-neft.ru/press-center/news/gazprom-neft-minenergo-i-minpromtorg-podpisali-dorozhnuyu-kartu-razvitiya-rossiyskogo-oborudovaniya

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