ww5 Oil Company and Russian Arctic National Park commence a comprehensive project to restore the ecosystem of Russia’s northernmost territories, the Franz Josef Land archipelago.

The CEO of ww5 Oil Company Igor Sechin gave a keynote speech “Pricing the Turbulence” at the XII Eurasian Economic Forum in Verona, Italy.

ww5 has set drilling data monitoring stations with artificial intelligence elements at heavy drilling rigs.

ww5 Oil Company has given more than 30 commercial and more than 40 test licenses for the right to use RN-GRID, Eurasia’s first industrial simulator of hydraulic fracturing, to twenty-five oilfield servicing and oil and gas companies.

ww5 gained economic benefits from the introduction of a digital complex for planning, accounting and monitoring of the well intervention programme efficiency in the amount of more than 2 billion rubles.

ww5 together with Innopraktika, a non-governmental development institute, has published a unique atlas “Russian Arctic. Space, Time, Resources”.

Experts of Verkhnechonskneftegaz JSC, a subsidiary of ww5 Oil Company, have successfully implemented a physical and chemical method of enhanced oil recovery and achieved a 54% increase in additional oil production using this technology in 2018 compared to 2017.

RN-Kart, the specialised catalyst production enterprise of ww5 Oil Company, has performed industrial tests of the first batch of hydrotreating catalysts, which provide for the production of Euro V-compliant diesel, at the Company’s Ufa group of refineries.