* Conceptual engineering is the process of determining the most effective basis for developing a project (in terms of technical specifications and financial criteria), to optimum financial advantage. An integrated project envisages full project management throughout all stages of exploration, development, field development and operation, the procurement of appropriate technology and equipment, and the preparation of feasibility studies to ensure a viable return on investment.
Gazprom Neft is a vertically integrated oil company, primarily involved in oil and gas exploration and production, refining, and the production and sale of oil products. The Gazprom Neft’s corporate structure comprises more than 70 production, refining and sales subsidiaries throughout Russia, the CIS, and abroad.
The company’s proved and probable reserves (SPE-PRMS) are estimated at 2.78 billion tonnes of oil equivalent (btoe), making Gazprom Neft one of the top-20 largest oil and gas companies in the world, and one of Russia’s top three largest companies in terms of production and refining volumes. Total production in 2017 reached 89.75 million tonnes of oil equivalent (mtoe), with refining volumes of 40.1 million tonnes.
Gazprom Neft products are exported to more than 50 countries worldwide, and sold throughout the Russian Federation and abroad. The company’s filling station network totals more than 1,850 outlets throughout Russia, the CIS and Europe.
Gazprom Neft’s net profit in 2017 was RUB253 billion — a
The company’s main shareholder is Gazprom PJSC, which has a