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Rosneft Bolsters Works at Kara Sea Shelf

Rosneft jointly with the RosHydroMet Arctic and Antarctic Research Institute starts the large-scale program for comprehensive studies of the Kara Sea shelf as part of Kara Sea Summer 2013 Marine Expedition. The Expedition is scheduled for July 12. Full-scale development of the Arctic offshore fields is one of the key …

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Rosneft and General Electric Sign Strategic Cooperation Agreement

Rosneft and General Electric signed a Strategic cooperation agreement during the St Petersburg International Economic Forum. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Jeffrey Immelt, GE Chairman and CEO, [in the presence of the Russian President Vladimir Putin]. The Agreement will …

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Rosneft and ExxonMobil Advance Strategic Cooperation

Rosneft and ExxonMobil today announced the achievement of several milestones under their 2011 Strategic Cooperation Agreement, including joint venture formation for the Kara Sea and Black Sea projects, and establishing foundations for joint ventures to explore seven other licenses in the Russian Arctic and to manage the joint West Siberia …

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Rosneft and Eni Sign Declaration on Russian Arctic shelf Environment Protection

Rosneft President and Chairman of the Management Board Igor Sechin and Vice President and head of the Eni Representative Office in Russia and CIS Ernesto Ferlenghi signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Continental Shelf. Considering the …

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Rosneft and ExxonMobil Finalize Arctic Research Center and Technology Sharing Agreements

Rosneft and ExxonMobil today signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide. Formally named the Arctic Research and Design Center for Continental Shelf Development, the ARC will provide the Rosneft and ExxonMobil joint …

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Gazprom and Shell Agree to Jointly Develop Arctic Shelf and Produce Shale Oil in Khanty-Mansiysk Autonomous Area

Alexey Miller, Chairman of the Gazprom Management Committee and Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell signed in the presence of Russian President Vladimir Putin and Dutch Prime Minister Mark Rutte a Memorandum outlining the principles of cooperation within hydrocarbons exploration and development in Russia’s Arctic shelf and a section of deep-water shelf abroad. In foreground: Alexey …

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Rosneft Launches Training Program for Offshore Drilling Supervisors

The new qualification which is unique for Russia is available for the staff of Rosneft subsidiaries through the professional training program. The company is a leading subsoil user on the Russian shelf. According to independent experts, the company’s license blocks hold over 275 bln boe of recoverable resources. Offshore drilling …

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RPI Reports: The Number of Offshore Subsoil Users Should Be Increased

At the end of November 2012, the Deputy Prime Minister of Russia Arkady Dvorkovich said that “the question concerting the list of companies authorized to work on the Russian shelf will be discussed until around February 2013. A number of companies have shown interest in joining this work. A final …

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VNIIGAZ: The Fundamental Problems of Basin and Oil and Gas Formation Creation

D. A. Astafiev  LLC «Gazprom VNIIGAZ» The growing demand for hydrocarbon fuels in many of the world’s developed and developing countries as well as the gradual depletion of hydrocarbon reserves in the relatively accessible and developed regions is forcing oil and gas companies to diversify their petroleum exploration efforts in …

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ABS Hosts Arctic Workshops

Industry experts share views on key Arctic R&D issues. ABS, the leading provider of classification services to the global offshore industry, continues to help industry push back the technology barriers to Arctic operations through a series of Arctic workshops that are defining the region’s most pressing research and development (R&D) …

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