Statoil: Looking for Heavy Oil Drilling Clearance
Statoil ASA plans to drill four wells in Russia with state oil company OAO Rosneft, targeting heavy oil fields, showing Norway’s biggest energy producer is deepening its involvement in the country against the backdrop of international sanctions. Statoil plans to drill two wells at a heavy oil pilot project in …
Rosneft and Statoil CEO’s Meet to Discuss Offshore Co-operation
Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Statoil ASA CEO Helge Lund in Norway. The parties discussed implementation of the joint projects in Russia’s Barents Sea (Perseyevsky License Area) and the Sea of Okhotsk (Magadan-1, Lisyansky, and Kashevarovsky License Areas). The two noted …
Rosneft Sums up Results of Offshore Operations in 2013
Rosneft summed up the results of its offshore operations last year. The company received licenses for 17 new offshore blocks, namely Zapadno-Matveyevsky, Zapadno-Prinovozemelsky, Russky, Severo-Pomorsky-1, Yuzhno-Prinovozemelsky, Anisinsko-Novosibirsky, Severo-Karsky, Ust-Lensky, Ust-Oleneksky, Severo-Vrangelevsky-1, Severo-Vrangelevsky-2, Yuzhno-Chukotsky, Albanovsky, Varneksky, Vostochno-Sibirsky, Vostochno-Pribrezhny, and Amur-Limansky ones. Another two offshore blocks were awarded to Rosneft upon discovery. …
Rosneft Agree with INPEX on Joint Offshore Operations at the Magadan 2 and 3 Fields
Rosneft signed a cooperation agreement with INPEX CORPORATION to jointly explore license offshore blocks Magadan-2 and Magadan-3 in the Russian section of the Sea of Okhotsk. Estimated recoverable resources of the two blocks stand at 1,577 million tonnes of oil equivalent. The agreement, signed by Igor Sechin, Rosneft President and …