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Foster Wheeler Selected for Initial Feed by Rosneft and ExxonMobil for Proposed LNG Project in Russian Far East

Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been selected by Rosneft and ExxonMobil to undertake the initial phase of the front-end engineering design (FEED) for a proposed Russian Far East liquefied natural gas (LNG) project. Foster Wheeler is one of two …

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Rosneft and ExxonMobil Selects Contractors for Initial Phase Engineering and Design for Russian Far East LNG Project

Rosneft and ExxonMobil today selected CB&I UK and Foster Wheeler Energy as contractors for initial phase front end engineering and design (FEED) for a proposed Russian Far East liquefied natural gas project. Rosneft and ExxonMobil intend to finalize project design by the end of 2014, including front-end engineering and design …

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ExxonMobil Awards Alternate Path Technology License to Weatherford

*Alternate Path® technique ensures full gravel pack in cased and open-hole completion wells *Improves long-term reliability of sand control and reduces workovers *Developed and licensed by ExxonMobil Upstream Research Company ExxonMobil Upstream Research Company has awarded Weatherford International Ltd. a limited international license for the company’s Alternate Path® technology patent …

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Rosneft and ExxonMobil Proceed with LNG Project Implementation

Rosneft and ExxonMobil continue to progress the LNG project proposed in the Russian Far East. The contractor selection process for design and engineering work has officially commenced. In 2013-2014 Rosneft and ExxonMobil plan to complete design work, including selection of a liquefaction technology and identification of major equipment requirements, to …

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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 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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Rosneft Subsidiary Acquires Interest in ExxonMobil Gulf of Mexico Exploration Blocks

Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of Rosneft, acquires 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by ExxonMobil, under an agreement signed by the two companies. Neftegaz America Shelf LP (Neftegaz) joins ExxonMobil to explore deepwater Gulf of Mexico Neftegaz …

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Rosneft and ExxonMobil Expand Strategic Offshore Cooperation

Rosneft and ExxonMobil have agreed to expand their cooperation under their 2011 Strategic Cooperation Agreement to include approximately additional 600,000 square kilometers (150 million acres) of exploration acreage in the Russian Arctic, and potential participation by Rosneft (or its affiliate) in the Point Thomson project in Alaska. They have also …

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Rosneft and ExxonMobil Sign Agreement For Western Siberia Tight Oil Pilot Project

Rosneft and ExxonMobil today signed a Pilot Development Agreement establishing a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations in Western Siberia. The agreement was signed by Igor Sechin, president and chairman of the management board at Rosneft, and …

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Rosneft and ExxonMobil Sign Agreement For Western Siberia Tight Oil Pilot Project

Rosneft and ExxonMobil today signed a Pilot Development Agreement establishing a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations in Western Siberia. The agreement was signed by Igor Sechin, president and chairman of the management board at Rosneft, and …

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