IR Releases

LUKOIL commenced installation of the accommodation block topside on the substructure in the Caspian Sea as part of Phase 2 development of Vladimir Filanovsky field. It is expected that Phase 2 construction and assembly operations will have been completed by the end of 2017.

President of the Republic of Uzbekistan Shavkat Merziyoyev received President of LUKOIL Vagit Alekperov​. They discussed implementation of LUKOIL’s current projects in Uzbekistan and prospects for broader cooperation. Special attention was paid to progress in the construction of a gas-processing works in Kandym and to the implementation of the project dubbed Full Development of Gissar.​

PJSC LUKOIL held its Annual General Shareholders Meeting in Moscow today to approve the Annual Report of the Company for 2016 and financial statements based on the results of 2016.The shareholders also approved dividend distribution based on the results of 2016 in the amount of 120 Rubles per ordinary share. The total amount of dividends payable for 2016, including the earlier paid interim dividends, will be 195 Rubles per ordinary share.

​LUKOIL has completed the construction and commissioning of the fifth production well at Vladimir Filanovsky offshore field in the Caspian Sea​ and commenced the construction of the sixth well​. The new well has significantly increased the field’s daily production​.​​​

LUKOIL continues the construction of second-stage facilities at Yuri Korchagin field, in the northern part of the Caspian Sea. ​A jacket for the wellhead platform was delivered to the site and installed at the destination point, while preparations for pile sinking are in progress.​

​LUKOIL today released its condensed interim consolidated financial statements for the three months ended 31 March 2017 prepared in accordance with International Financial Reporting Standards (IFRS).​

​LUKOIL completes the sale of its 100% stake in JSC “ARKHANGELSKGEOLDOBYCHA” to​ Otkritie Group​.

​LUKOIL reports preliminary operating data for the first quarter of 2017. The Group's oil production for the first quarter of 2017 was 21.8 million tons or 1,789 thousand barrels per day.

Today, at its meeting in Moscow the Board of Directors gave tentative approval to the Company’s 2016 Annual Report for submission to the Company’s General Shareholders Meeting. The Board also approved the 2016 Interested Party Transaction Report.