ARCTICMORNEFTEGAZRAZVEDKA JSC
Arcticmorneftegazrazvedka JSC is an enterprise providing services in the oil and gas sector.
Activity areas
A high-priority area of the company’s activity is the South-East Asia where it takes part in prospective projects for drilling wells on the shelf of the Socialist Republic of Vietnam.
The primary area of Arcticmorneftegazrazvedka JSC development is implementing projects of Zarubezhneft JSC for construction of wells on the sea shelf as a drilling contractor.
| Arktikmorneftegazrazvedka JSC assets | Brief description | |
|---|---|---|
| 1. Murmanskaya self-elevating drilling rig | Year of manufacture/Upgrading | 1991/2013 |
| Self-elevating drilling rig (SPBU) for drilling wells up to 6,000 m deep with a maximum sea depth of 100 m | Dimensions | 109 x 68 m |
| Living spaces | 84 | |
| 2. Valentin Shashin drilling vessel | Year of manufacture/Upgrading | 1982/2014 |
| Drilling vessels (BS) to drill wells up to 7,000 m deep with a maximum sea depth of 1,715 m | Dimensions | 149 x 28 m |
| Living spaces | 116 | |
| 3. The onshore infrastructure of Arktikmorneftegazrazvedka JSC includes: | ||
| Operational and technical site (ETU) – (Kola, Kidinskoye sh., 2), | ||
| School of Industrial and Technical Education (GTGO). | ||
Performance in 2019
In 2019, Arcticmorneftegazrazvedka JSC showed the following performance:
- Supporting the operation of the Murmanskaya jack-up drilling rig for 225 days for construction and testing of exploration wells 1903 (Block 09-1) and EF-1X (Block 12/11).
- The Russian flag was again raised at the Valentin Shashin drill ship and its historical name was reinstated.
- Optimization of operating expenses by reducing personnel expenditures at the rig, transport expenses and other production expenditures;
- Development of the Vocational Education and Training (VET) School business line: 4,496 people trained (2% growth relative to 2018), including 1,042 persons trained remotely (7% growth relative to 2018), the basic scope of remote training courses enlarged from 19 to 26 disciplines.
Development prospects
The primary development objective is stabilization of Arcticmorneftegazrazvedka JSC financial position ensuring a basis for reaching the maximum possible production and economically efficient performance and minimization of during by Zarubezhneft JSC in a long-term perspective.:
- Ensuring loading of the Murmanskay
a r ig; - Transportation of the Valentin Shashin ship to the Russian Federation and transfer of the ship to the Federal Agency for State Property Management;
- Providing educational services by the VET School during the entire planned mid-term period.
- Optimization of general and administrative expenditures.
