Sergey Kudryashov about Russian fule and energy sector in a time of transition

Sergey Kudryashov about Russian fule and energy sector in a time of transition

Sergey Kudryashov, the General Director of Zarubezhneft Group of Companies, took part in the session “Russian Fuel and Energy Complex in the Conditions of Energy Transition”, which opened the business program of the Russian Energy Week this year. Russian Energy Week is one of the key international platforms for discussing the most relevant trends in the development of the modern fuel and energy complex. The central theme of REW-2021 is the development of the global fuel and energy complex in the context of a climate story, digitalization, and changes in the market structure.

In his speech, Sergei Ivanovich proposed to view the energy transition as an evolutionary development of the industry, where solar and wind generation are not the final result, but only a next stage of development. It was noted that the development of green technologies does not mean the simultaneous elimination of the hydrocarbon component from the global energy balance, despite the fact that last year the volume of investments in alternative energy, including the electric vehicle sector, exceeded the volume of investments in the global oil and gas upstream.

Speaking about practical experience, Sergey Kudryashov noted that Zarubezhneft also strives to be in the trend of modern technologies development. The new direction is also reflected in the corporate strategy of the company until 2030. The main focus in the area of alternative energy is the implementation of projects with a synergistic effect with the current assets of the company, both in Russia and abroad. For example, a project for the construction of an offshore wind farm in Vietnam with a capacity of 1 GW is being elaborated, it will combine the competencies in the area of wind energy of the Belgian company DEME and the competencies of Zarubezhneft JSC in the area of offshore facilities construction.

In addition, Zarubezhneft is actively developing projects in the area of renewable energy sources for its own needs at production sites in the regions of operation.

Photo credit - Roscongress

President of Vietnam visited the office of Zarubezhneft to meet the veterans of Vietsovpetro

President of Vietnam visited the office of Zarubezhneft to meet the veterans of Vietsovpetro
  • Today the President of the Socialist Republic of Vietnam, Nguyen Xuan Phuc, visited the office of Zarubezhneft on the occasion of the 40th anniversary of cooperation between two state-owned companies - Zarubezhneft and Petrovietnam. Veterans who participated in the establishment and development of the key enterprise of the oil and gas industry in Vietnam, JV Vietsovpetro, came to the meeting with the President. The event was attended by Vladimir Stepanovich Vovk, who played significant part in the history of the legendary White Tiger field offshore Southern Vietnam. He held the position of General Director of JV Vietsovpetro from 1988 to 1992, witnessing and participating in the emergence and active growth of Vietsovpetro. The Vietsovpetro veteran Evgeniy Vladimirovich Krupenko, who had worked in the joint venture for 20 years, also addressed the President of Vietnam. He arrived in Vietnam in July 1993 as the master of the offshore fixed platform and later became the deputy chief engineer of Vietsovpetro. During this period, there was an intensive development of production facilities of the White Tiger and Dragon fields, as well as an increase in the rate of oil and gas production. The veterans noted that despite their work in the most difficult living and production conditions, they recall the times of their work in Vietnam with warmth and gratitude and hope to see their Vietnamese colleagues. The President of Vietnam thanked the veterans for their invaluable contribution to the development of not only the joint venture, but also the whole national industry of the country. The meeting was also attended by Anastasia Bondarenko, Deputy Minister of Energy of the Russian Federation, who noted the high importance of Russian-Vietnamese cooperation in the area of energy, the need for its development, including new directions, taking into account global trends. The Deputy Minister expressed the opinion that the joint venture is the result of not only industrial cooperation, but also a real feat for the sake of friendship and well-being of Russia and Vietnam. At the closing of the event, the Chairman of the Board of Directors, Yevgeniy Murov, and the General Director of Zarubezhneft, Sergey Kudryashov, were honored with the state award of the Socialist Republic of Vietnam - the Order of Friendship - awarded personally by the President of Vietnam. Meeting with veterans of JV Vietsovpetro completed the official program of the visit of the Vietnamese delegation. The parties expressed confidence in the successful development of cooperation, since they managed to discuss the issues most important for the project.