Press center
The teams of INTECO BUR and INTECO MC were awarded
The customer was satisfied with the work of the INTECO Group companies.
INTECO awarded the best employees based on the results of two months of work since the beginning of the year
INTECO employees are the pride and most valuable asset of our company, and we value the professionalism and commitment of everyone who contributes to the success of our business.
The male workers of the company congratulated women on the International Women’s Day
All female INTECO Group organizations’ workers were given luxurious bouquets from their male colleagues on the International Women’s Day.
INTECO hosted the final competition of youth developments INTECO BUR
The youth development competition is held annually and is aimed to identify young employees with high creative potential, to support youth initiatives, and to implement innovative projects.
INTECO BUR has completed the drilling of two multilateral wells as the part of industrial experiment works
Three horizontal wells for a producing layer were drilled and their total length amounts to 995 meters (the first wellslot is 408 m, the second is 394 m, the third is 193 m).
Specialists of oil and gas universities take part in the production program of pilot works and the introduction of new technologies of INTECO and INTECO MC
In 2019, three technologies in the field of oil and gas production, oil production intensification, and enhanced oil recovery were tested at wells.
INTECO MC cooperates with oil and gas universities
Departments of innovation management and modeling of physical and technological processes of development have been created in higher education institutions.
INTECO BUR sets new records
The volume of INTECO BUR development and exploitation drilling amounted to more than 5 million meters of rock in 2019, 25% more than the previous year’s.
Seven new wells have been commissioned at the field
Inteco has commissioned seven new wells at the field. After the commissioning of six more wells in the first quarter of this year, their total number will be one hundred, and the level of production will increase from fifteen billion cubic meters per year to sixteen billion.
The Minister of Mines and Hydrocarbons of Equatorial Guinea about extension of the OPEC agreement
Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea: “The global oil market will soon need more raw materials, but a short-term extension of the OPEC + agreement seems viable.”.
Since the beginning of the year Inteco has launched a training program for senior managers
Best specialists of the enterprise will meet the general director, the chief engineer and the department head and learn more about their work.
Iran has asked Russia to provide an additional $2 billion loan for projects
Iran has asked Russia to provide an additional $2 billion loan for projects including the construction of thermal power plants, hydroelectric power plants, railroads and subway carriages.