Russia: oil joint venture granted subsoil license for the Tsentralnaya structure in the Caspian Sea

The Tsentralnoye oil, gas and gas condensate field was discovered in 2008 following the Tsentralnaya-1 prospecting drilling. According to the National Register, the field’s C1+2 recoverable reserves are estimated at 135 million tons of reference fuel (liquid hydrocarbons approximately 70%). LLC Neftegazovaya Kompaniya Tsentralnaya (Central Oil and Gas Company), a joint venture of PJSC LUKOIL,…

Russia: RHH signs contract with Indonesia

Russian Helicopters Holding signed several contracts on the delivery of components to Southeastern Asia, the company informed. In particular, it concerns contract with Indonesia, Thailand, etc. Russian Helicopters is a subsidiary of Oboronprom included into Russian Technologies. It provides control over Moscow M. Mil’s Helicopter Plant, Kamov, Ulan Udinsky Aviation Plant, Kazansky Helicopter Plant, Rostvertol,…

Russia: mass production of Korsar surveillance UAVs to start in 2017

Serial production of the Russian Korsar (Corsair) surveillance unmanned aerial vehicles (UAVs) will start in 2017, a manufacturing firm United Instrument Manufacturing Corporation (UIMC) spokesperson reported. “Russia’s newest tactical surveillance UAVs of the Korsar tactical family will go into production in 2017”, the spokesperson said. The spokesperson added that in the long term the Korsar…