Oil & Gas Operators

Full-Scale Development of Yamal’s Kharasaveyskoye Field to Start in 2019

Alexey Miller, Chairman of the Gazprom Management Committee, today held in Bovanenkovo (Yamal-Nenets Autonomous Area) a meeting on the pre-development project for the Kharasaveyskoye gas and condensate field and the gas transmission system. Bovanenkovo Enlarged photo (JPG, 4.4 MB) Prior to the meeting, Alexey Miller inspected the construction site of Gas Production Facility No. 3 at the Bovanenkovskoye field and the …

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Oil & Gas Operators

Settling the Caspian Issue and Realising the Trans-Caspian Energy Corridor

Kazakhstan and Turkmenistan’s aims to diversify their energy export markets got a boost recently. The recent announcement that Russian Prime Minister Dmitry Medvedev signed a decree on June 21 approving the a draft convention on the legal status of the Caspian Sea appears to generate new possibilities for Central Asian energy producers. …

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Oil & Gas Operators

Petrosibir: Production Report for June 2018

The table below summarises the average monthly / daily production in 2017 and 2018, broken down by region.   2017 2018   Average Jan Feb Mar Apr May Jun Total production Bashkiria 13 195 14 155 12 731 13 622 13 123 13 498 12 614 Komi 28 633 31 …

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Oil & Gas Operators

Caspian Oil and Gas: High Hopes for a Tough Neighborhood

Azerbaijan has long been seen as a strategic gateway to vast oil and gas resources in the Caspian region and a source of energy security for Europe but has yet to live up to its promise as a bulwark against the influence of Russia and OPEC in the region. Oil …

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Oil & Gas Operators

Alexey Miller and Dmitry Kobylkin Discuss Cooperation Between Gazprom and Russia’s Natural Resources Ministry

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Kobylkin, Minister of Natural Resources and Environment of the Russian Federation, took place in St. Petersburg today. The meeting participants reviewed current issues related to subsoil use, including improvements to the regulations governing geological exploration operations. The parties also noted the constructive nature of the …

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Oil & Gas Operators

Gazprom and Uzbekneftegaz Review Ongoing Development of Shakhpakhty Field

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Alisher Sultanov, Deputy Prime Minister of the Republic of Uzbekistan, Chairman of the Board of Directors of Uzbekneftegaz, took place in St. Petersburg today. The parties discussed the bilateral cooperation between the companies, focusing on the joint development of the Shakhpakhty field. The meeting also touched upon the …

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Oil & Gas Operators

Gazprom and PetroVietnam Discuss Progress of Joint Projects

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tran Sy Thanh, Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow today. The parties discussed a wide range of joint efforts, including geological exploration and hydrocarbon production in Vietnam, as well as the prospects of joint projects in gas-fired power generation, the use of gas as a vehicle …

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Oil & Gas Operators

LNG Carriers Are Completing the Northern Sea Route Passage

PAO NOVATEK announced that two Arc7 ice-class LNG tankers “Vladimir Rusanov” and “Eduard Toll” are completing the Northern Sea Route passage via the Eastern direction.  The “Vladimir Rusanov” passed the Northern Sea Route and arrived at the Bering Strait, while the “Eduard Toll” entered open water in the Chukchi Sea. …

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Oil & Gas Operators

Vitol to Offer $650 mln more to Kazakhstan in Oil Prepayment Deal

Latest Kazakh deal could be signed next week – source New funds will raise prepayment to $2.25 bln Prepayments help traders secure supplies, lift margins By Julia Payne, Olzhas Auyezov and Gleb Gorodyankin Major European trader Vitol is set to increase its cash-for-oil deal with Kazakhstan’s state energy firm by …

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Oil & Gas Operators

BP Starts-up Landmark Shah Deniz 2 Development in Azerbaijan

BP and its partners in the Shah Deniz consortium today announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey. BP-operated $28 billion project starts-up on time and on budget Provides gateway for new supplies of energy into Europe …

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