Eurasia Journal News

Arctic LNG 2 and Siemens Sign Equipment Supply Contract

PAO NOVATEK announced that Arctic LNG 2 and Siemens signed a contract on compressor equipment for three liquefaction trains of the Project. The scope of supply under the contract includes three feed gas compressors and six boil-off gas compressors. The document also provides for localizing the equipment fabrication for the …

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Russia Oil Gas Magazine

Saipem and Renaissance Seal $2.5 bln Arctic LNG 2 Contract

Italian oil and gas industry contractor Saipem has secured a €2.2 billion ($2.5 billion) contract for Russian Novatek’s Arctic LNG 2 project.  In a joint venture with Renaissance, a Turkish oil and gas services company, Saipem has been awarded an onshore engineering and construction project to build three liquefaction trains with …

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Eurasia Journal News

NOVATEK Signed Memorandum on Strategic Cooperation with SACE

AO NOVATEK (“NOVATEK” and/or the “Company”) and SACE (CDP Group) signed a Memorandum on Strategic Cooperation (“Memorandum”) in relation to the Company’s current and future LNG projects. The parties agreed to develop long-term cooperation on the Arctic LNG 2 project and potential new LNG projects involving Italian suppliers and engineering companies. “We …

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Eurasia Journal News

Arctic LNG 2: Utrenneye Field Discovers Two New Commercial Deposits

PAO NOVATEK today announced that upon drilling and testing of well #294 at the Utrenneye field, two new hydrocarbon deposits were discovered and commercial viability of the mid-Jurassic deposits was confirmed. The two new deposits’ reserves under the Russian reserve classification, subject to confirmation at Russian state reserves commission, are …

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Eurasia Journal News

NOVATEK and JOGMEC Sign MOU on LNG Cooperation

Today, taking the opportunity of the meeting between the President of Russian Federation Vladimir Putin and the Prime Minister of Japan Shinzo Abe, Chairman of the Management Board of PAO NOVATEK (“NOVATEK”) Leonid Mikhelson and Chairman and CEO of Japan Oil, Gas and Metals National Corporation (JOGMEC) Tetsuhiro Hosono, signed …

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Eurasia Journal News

Novatek: Wins Shtormovoye and Verhnetiuteyskoye License Areas Improving LNG Project Potential

PAO Novatek announces that its subsidiaries OOO Arctic LNG-2 and OOO NOVATEK-Yurkharovneftegas obtained new license areas in the Yamal and Gydan peninsulas, which significantly expands the Company’s resource base for implementing new LNG projects. OOO Arctic LNG-2 won the bid for a geological survey, exploration and hydrocarbons production license for …

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Russia Oil Gas Magazine

TMK: Launches ТМК UP CENTUM Thread on Casing Pipe

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has become the first Russian manufacturer to start the production of casing pipe with unique TMK UP CENTUM threaded connections. TMK is currently the only manufacturer of pipe with such connections. The Company shipped …

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Conference and Exhibition News and UpdatesEurasia Journal News

RDCR Breaking News: Tatneft and NOVATEK Plus Divisions Confirm Participation

More info will follow shortly.  PJSC Tataneft and OAO NOVATEK have confirmed their involvement in the RDCR drilling event, running on the 13th of April in Moscow www.rdcr.net Tatneft will take an active part in the roundtable sessions. Novatek have confirm the following companies will attend: NOVATEK NOVATEK-Yurkharovskneftegaz Yamal LNG Arctic LNG 1 …

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Conference and Exhibition News and Updates

LNG Congress Russia 2016: 16th to 18th of March

On 16-18 March, 2016 Moscow will host the 3-rd Annual LNG Congress Russia 2016. Within the framework of the Congress project operators will share key information on the implementation and construction stages of large, medium and small plants producing liquefied natural gas (LNG). Exhibition will also take part during the …

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Conference and Exhibition News and Updates

Yamal Oil and Gas 2015 – Delegate Package Flight Offer!

YAMAL OIL & GAS 2015 is the only annual conference of global importance, which takes place in Yamal-Nenets Autonomous district and brings together more than 200 participants, including: more than 70 CEOs and top managers of Russian and international oil and gas companies, governors of local disctricts, government representatives, investors, world’s …

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