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Sakhalin Oil and Gas 2014: Kirill Molodtsov – Kara Sea Drilling Continuing Till the 10th of October

Russia’s Rosneft and U.S. ExxonMobil are continuing to drill in the Kara Sea and plan to stop work by Oct. 10, Russian Deputy Energy Minister Kirill Molodtsov said on Tuesday. “They are drilling and will be drilling until Oct. 10. They did have to stop on Sept. 26 but they …

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ExxonMobil: Confirms “Wind Down” Universitetskaya Exploration Well

ExxonMobil is complying with all U.S. sanctions.  The U.S. Treasury Department, recognizing the complexity of the Universitetskaya-1 well and the sensitive Kara Sea arctic environment, has granted a license to ExxonMobil and other U.S. contractors and persons involved to enable the safe and responsible winding down of operations related to …

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Rosneft and ExxonMobil Pause Kara Sea Drilling Due to Sanctions

Exxon and Rosneft oil companies have stopped oil development on the Arctic shelf, Bloomberg reported. Representatives of the Rosneft company have made no comment on Bloomberg’s report. According to Bloomberg, oil development was stopped in connection with the sanctions that the EU has imposed on Rosneft and other Russian companies, …

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Rosneft and ExxonMobil Started Field Studies in the Shelf Area of the Laptev Sea

Rosneft and ExxonMobil started 2D seismic exploration at the Anisinsko-Novosibirsky and Ust-Oleneksky license blocks in the Laptev Sea. 2D seismic exploration work plans to acquire up to 6 thousand linear km, and will last until the end of October. Alongside geophysical research a license wide bathymetric survey of the seabed …

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Rosneft and ExxonMobil’s Karmorneftegaz Start Drilling With West Alpha in the Kara Sea

Rosneft and ExxonMobil joint venture company Karmorneftegaz began drilling of Universitetskaya-1, the Russian Federation’s northernmost well using the Karmorneftegaz rig. The start of the drilling was launched by Russian President Vladimir Putin during a teleconference with head of Rosneft Igor Sechin and head of ExxonMobil Russia Glenn Waller who were both …

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Kashagan Restart Slips to Optimistic Summer of 2016

Kazakhstan’s giant Kashagan oilfield may resume production in the first half of 2016 under an “optimistic scenario”, Kazakh Oil and Gas Minister Uzakbai Karabalin said on Wednesday, putting off his earlier estimate of the restart date. Production from the oil deposit in the Caspian Sea, one of the world’s biggest …

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Rosneft Starts Up Field Work in the Kara Sea

On July 24 this year, research vessel Geolog Dmitry Nalivkin sailed from Kirkenes (Norway) to the Kara Sea. In the next three months 2D seismic survey, will be carried out in the three Vostochno-Prinovozemelsky licenses. The field work will be conducted in the surface area that totals almost 7 thousand …

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Rosneft To Conduct Marine Monitoring in the Northern Sea Route

OAO NK Rosneft will conduct marine fauna monitoring in the Northern Sea Route in 2014. The studies will be organized by the Arctic Research Center, a joint venture of Rosneft and ExxonMobil. The objective of the said studies is collection of data on marine fauna in Rosneft License Areas with …

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Arctic Research and Design Center To fund Polar Bear Study

The Arctic Research and Design Center (the Rosneft and ExxonMobil JV) and the public organization called The Marine Mammals Council have entered in a research-and-development contract for staging polar bear studies in the areas of potential hydrocarbon development projects. Rosneft pays particular attention to preserving and protecting the polar ecosystems. …

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Rosneft and ExxonMobil Have Installed Unique Berkut Platform on Sakhalin Shelf

Rosneft and ExxonMobil, within the framework of the Sakhalin-1 Consortium, have finished transport operation on transportation and installation of a unique sea drilling platform Berkut, which has the biggest upper part in the world at Arkutun-Dagi on North East shelf of Sakhalin Island. The adjustment works will be finished in …

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