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Aleksandr Shushakov and Islam Nazaraliev discussed partnership prospects

Aleksandr Shushakov and Islam Nazaraliev discussed partnership prospects
NaftaGaz has reached a milestone of 1 million meters drilled at the fields of its strategic partner – Gazpromneft-Noyabrskneftegaz. CEOs of both companies have discussed the prospects of further cooperation.

Since 2015, NaftaGaz has built 224 wells under the contract with the Noyabrsk oil company, including 175 wells using the high-tech horizontal drilling technology. Today, the Company’s drilling rigs are operating at the Zapadno-Chatylkinskoe, Vyngayakhinskoe, Krainee, Valyntoyskoe, and other fields. NaftaGaz is one of the key contractors of Noyabrskneftegaz engaged at the Remote Field Cluster.

The companies’ cooperation is based on the principles of open partnership, integration of best practices, and strict adherence to the rules of industrial and environmental safety.

During his speech the Noyabrskneftegaz CEO Aleksandr Shushakov congratulated NaftaGaz’s team on the milestone and added: “It is not just a good-looking figure. Behind it are the professionalism and experience, high technologies and responsibility, high quality and safety standards, ability to face challenges and move forward towards the goal. All these allowed you to occupy a strong position on the oilfield service market.”

NaftaGaz CEO Islam Nazaraliev pointed out that the trust of their major customer was of the highest value for the Company. “We will continue to strive for the maximum efficiency and reliability, applying advanced well construction technologies and principles of environmental and industrial safety” he said.

In addition, Islam Nazaraliev noted that, in today’s difficult conditions (OPEC+ restrictions, COVID-19 pandemic), it is very important that the large oil and gas companies continue to care about their contractors and provide work to them, including jobs on the unfinished well projects. “This will help support the Russian oilfield service market that has been growing with great efforts over the past 10 years, will let us see the prospects, and the customer will quickly restore the pace of oil production when OPEC+ deal is in place” said NaftaGaz CEO.

NaftaGaz is in Top-5 of independent drilling companies. The Company’s principal production site is based in Noyabrsk (YaNAO). The number of employees is approximately 1700 individuals. Since the foundation, almost 3 million meters have been drilled (739 wells, 70% by horizontal drilling). The Company shows steady growth of production and financial performance. Over the course of five years, more than 5 billion rubbles have been invested in fixed assets.

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