KCA Deutag Wins Multiple Drilling Contracts
Global drilling and engineering contractor KCA Deutag (KCAD) has been awarded new contracts and contract extensions worth $110m to perform onshore drilling in the Middle East, Russia and Africa.In the Middle East, KCAD has been successful in winning a…
Gazprom, Mitsui Discuss LNG Cooperation
Japanese trading house and liquefied natural gas market participant Mitsui has held talks with Russia’s giant Gazprom on cooperation in liquefied natural gas (LNG) projects.A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee…
O&G Output at Russia's Pacific Sakhalin Island Seen Down in 2019
Production of oil and natural gas at the Russian Pacific island of Sakhalin is expected to decline next year, the local government said in an emailed response to a Reuters query.Sakhalin, which is also famous for producing seafood, derives most most of…
Exxon's Rosneft JV LNG Project Proceeds - Despite Sanctions
Exxon Mobil is pushing ahead with efforts to develop its $15 billion Far East Liquefied Natural Gas (LNG) project with Russia's Rosneft despite being forced to exit some joint ventures due to Western sanctions. Two months ago Exxon invited companies including…
Gazprom delays Baltic, Sakhalin LNG projects
Eurobond prospectus seen by Reuters; new Baltic LNG plant to be commissioned in 2022-2023. Russia's Gazprom has delayed liquefied natural gas (LNG) plans on Sakhalin island and in the Baltic Sea, a Eurobond presentation showed on Monday. The delays could…
Gazprom Discovers New Gas Deposit in Sea of Okhotsk
Gazprom said on Thursday it had discovered a new gas deposit during exploration at the Kirinskoye field in the Sea of Okhotsk near Russia's Sakhalin island. The field is crucial for Gazprom's plans to raise liquefied gas production at its Sakhalin-2 plant on the island.
Sovcomflot Ups its Role in the Sakhalin-2 Project
Sovcomflot Group (SCF Group) said its fleet will have greater involvement in serving the Sakhalin-2 offshore platforms for Sakhalin Energy Investment Company Ltd. (Sakhalin Energy). SCF Group, Sakhalin Energy and Swire Pacific Offshore have signed several…
Gazprom Actively Pursuing East Russian Projects
During the Press Conference held today held at the Company's headquarters prior to the annual General Shareholders Meeting the press was informed that Gazprom is actively implementing large-scale projects in eastern Russia. It was stated that the Company is committed to expanding its resource base.
Rosneft Reports Large Oil Spill on Sakhalin Island
Russian oil producer Rosneft said on Thursday that around 15 tonnes (110 barrels) of oil spilled off from an idled pipeline on the Pacific island of Sakhalin, while local ecologists say the scale of disaster is far larger. Rosneft said the spill occurred on Wednesday at the Ekhabi oilfield in northern Sakhalin.
Shell, Gazprom Discuss Yuzhno-Kirinskoye Gas Field
Energy major Shell is in talks to join Russia's state-controlled Gazprom in tapping the Yuzhno-Kirinskoye gas field offshore Russia's Sakhalin island in the Pacific, the head of Shell's operations in the country said on Wednesday. "There are many things we talk about with Gazprom.
Rosneft Production at Chayvo Field Crosses 1 mi
On May 25, Rosneft produced one millionth ton of crude oil at the Northern Tip of Chayvo field on the shelf of the Sakhalin Island. This milestone was reached just eight months after drilling of the first well at the field was completed in September 2014 from the onshore site.
Governor of Russia's Sakhalin Island Charged with Bribery
The governor of Russia's oil and natural gas-rich island of Sakhalin in the country's far east has been charged with large-scale bribery involving an energy company, investigators said on Friday. The Investigative Committee, which reports directly to President Vladimir Putin…
Production Begins at Sakhalin-1 Arkutun-Dagi Field
Exxon Mobil Corporation has begun production at the Sakhalin-1 project’s Arkutun-Dagi field, the last of the three fields to be developed. Peak daily production from the field is expected to reach 90,000 barrels, the company said. The field, located off…
Rosneft Oil Company's Robust Performance
On July 25, 2014, OJSC Rosneft Oil Company came out with their interim consolidated financial statements for 2Q14. In 1H14, the Company continued to demonstrate strong financial results due to stable hydrocarbon production levels, successful development of new projects…
ExxonMobil & Rosneft Install Unique Berkut Platform on Sakhalin
ExxonMobil & Rosneft within the framework of the Sakhalin-1 Consortium, have finished operation of transportation and installation of a unique sea drilling platform Berkut, which has the biggest upper platform part in the world at Arkutun-Dagi on North East shelf of Sakhalin Island.
Russia-China Gas Deal Still Leaves Door Open To Japan
For once, China looks to have done Japan a favour. In clinching a $400 billion deal last month to buy Russian gas, China may end up helping out its old political and economic rival in a way that matters hugely for Japan - energy security. The China-Russia agreement…
Arctic Offshore Oil Exploration – Statoil, Rosneft Co-operate
Statoil and Rosneft have signed a cooperation agreement whereby they will jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets. Helge Lund, CEO, Statoil said: “This cooperation…
