Gazprom Geologorazvedka and Schlumberger sign Technology Cooperation Framework Agreement
Today at the Gazprom headquarters Alexey Davydov, Director General of Gazprom Geologorazvedka and Gokhan Saygi, President of Schlumberger RCA signed a Technology Cooperation Framework Agreement in the presence of Vsevolod Cherepanov, Member of the Management Committee – Head of the Gas, Gas Condensate and Oil Production Department of Gazprom.
In the framework of the Agreement the companies will focus their efforts on maximizing the efficiency of exploration operations in Gazprom’s fields and license areas onshore and offshore Russia. Cooperation will be based on joint technology projects, with both companies contributing available equipment and resources including Schlumberger technology solutions and software products. Besides, a personnel training program will be laid out.
“Gazprom already has the experience of cooperating with Schlumberger. The relevant Coordinating Committee and an interim Working Group ensure technology cooperation between the companies. The Coordinating Committee has prepared and agreed on a Technology Cooperation Program between Gazprom and Schlumberger for 2013–2015 aimed at joint activities in exploration, development and operation of onshore and offshore fields. Today’s event means the continuation and strengthening of our partnership,” said Vsevolod Cherepanov.
“Our joint efforts today are aimed at efficient hydrocarbons prospecting and exploration. The Group currently performs geological exploration in 49 license areas in the most challenging regions of the country: beyond the Arctic Circle, in tundra and in northern seas. We have already used Schlumberger services to drill an exploration well in the Chayandinskoye field in Yakutia. We are moving on to a new stage of cooperation today. The Agreement will enable us to engage additional resources and capabilities for implementing geological exploration projects of any complexity. I’m sure that this will be an essential element of our company’s successful work on increasing Gazprom Group’s hydrocarbon reserves,” said Alexey Davydov.
“We are glad to have our cooperation with Gazprom Geologorazvedka strengthened, and we are ready to offer our cutting-edge science-based technology solutions under this important agreement,” added Gokhan Saygi.
Gazprom Geologorazvedka is a wholly-owned subsidiary of Gazprom. It specializes in arranging and performing geological exploration in all license areas of Gazprom and its subsidiaries onshore and offshore Russia. Currently, Gazprom Geologorazvedka is exploring 49 license areas.
The company was established for implementing Gazprom’s Mineral and Raw Material Base Development programs. One of the main programs is the Gas Industry Mineral and Raw Material Base Development Program until 2035, which envisages expanded replenishment of the mineral resource base with due consideration of changes in the reserves structure and a shift of the gas production centers to new regions: Yamal Peninsula, Eastern Siberia and the Far East, Russian continental shelf.
Schlumberger is the world leader in providing technologies, information solutions, as well as integrated oil and gas project management services to petroleum companies around the globe. The company operates in 85 countries worldwide and employs more than 115 thousand employees of 140 nationalities. Schlumberger offers the industry’s widest range of products and services – from exploration to production control. The Schlumberger headquarters are situated in Paris, Houston and the Hague. In 2011 the company’s reported revenues totaled USD 36.96 billion.
In November 2008 Gazprom and Schlumberger signed a Framework Agreement to promote technology cooperation.