Eurasia Journal News

Gazprom Neft and Repsol Expand their Exploration Cluster in the Khanty-Mansi Autonomous Okrug

Gazprom Neft and Repsol are developing a joint venture to conduct geological exploration at six license blocks in the Karabashsky zone of the Khanty-Mansi Autonomous Okrug. The joint venture will be established through Karabashsky-6 LLC, owned by Gazprom Neft, which holds geological prospecting licenses to six blocks in the south—west of the Khanty-Mansi Autonomous Okrug. Repsol will acquire a 50.1-percent share in the company’s …

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Eurasia Journal News

Gazprom Neft, Repsol and Shell Join Forces to Develop a Major Exploration Cluster in the Gydan Peninsula

Gazprom Neft, Repsol and Shell have signed a memorandum of understanding at this year’s St Petersburg International Economic Forum on establishing a joint venture to develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, Tomás García Blanco, E&P Executive Managing Director, Repsol, and Cederic Cremers, …

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Eurasia Journal News

NOVATEK and Repsol Sign Heads of Agreement for LNG Supply from Arctic LNG 2

Today, Novatek Gas&Power Asia, a trading subsidiary of PAO NOVATEK (“NOVATEK” and/or the “Company”) announced at the International Conference & Exhibition on Liquefied Natural Gas in Shanghai, that it has signed a non-binding Heads of Agreement for the supply of LNG with Repsol. The Heads of Agreement envisages concluding a …

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Eurasia Journal News

Gazprom Neft and Repsol: Acquire 100% of ASB Geo LLC to Develope the Karabashsky 10 Block

Gazprom Neft and Repsol have established a joint venture to undertake geological exploration in the Karabashsky zone of the Khanty-Mansi Autonomous Okrug-Yugra. The partners have jointly acquired a 100-percent interest in ASB Geo LLC, which holds the exploration license for the Karabashsky 10 block in the Khanty-Mansi Autonomous Okrug. Pursuant to the Shareholders’ Agreement, the company is to be managed on a partnership basis. The …

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Eurasia Journal News

Gazprom Neft and Repsol Sign Technological Co-operation Agreement

Gazprom Neft has signed an agreement on technological cooperation with Spain’s Repsol in the course of St. Petersburg International Economic Forum. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Luis Cabra, Upstream Executive Managing Director, Repsol. The agreement involves co-operation in research and development of new technologies in oil and gas exploration and …

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Eurasia Journal News

Eurotek-Yugra: Wins Karabashsky Exploration Zone

Gazprom Neft has been confirmed as the winner of Rosnedra subsoil licensing rounds for six blocks in the Karabashsky exploration zone, located in the Khanty-Mansi Autonomous Okrug. The company has a presence in this region through Evrotek-Yugra, its joint venture with Spain’s Repsol, which holds subsoil usage rights to two …

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Eurasia Journal News

NOVATEK Acquires South-Khadyryakhinskoye and Eurotek

PAO NOVATEK announced today the acquisition of AO South-Khadyryakhinskoye and AO Eurotek from AR Oil&Gas B.V., joint venture of AO Neftegazholding and Repsol S.A. AO South-Khadyryakhinskoye holds the hydrocarbon exploration and production license for the South-Khadyryakhinskiy license area located in close proximity to infrastructure of the North-Khancheyskoye field developed by …

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Eurasia Journal News

Gazprom Neft Establishes Joint Venture with Spain’s Repsol in Khanty-Mansiysk Autonomous Okrug

Gazprom Neft PJSC has acquired a 25.02 per cent stake (with the right to increase this to 50 per cent) in Evrotek-Yugra. Evrotek-Yugra, owned by Spain’s Repsol, holds exploration and production rights to seven license blocks in the Khanty-Mansiysk Autonomous Okrug. This joint enterprise will continue geological prospecting works in …

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Eurasia Journal News

Statoil and Repsol Trade Assets in UK, Norway, USA and Mexico

These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies. – Statoil farms down to Repsol a 15% interest in the Gudrun field on the Norwegian Continental Shelf. Statoil remains the operator and largest equity holder with a …

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Russia Oil Gas Magazine

Sercel: QuietSea Continues to Gain Momentum

Sercel announced today that its revolutionary new QuietSea™ system, used to detect the presence of marine mammals during seismic operations, has been successfully operating onboard multiple seismic vessels across a range of geographical locations. QuietSea was recently deployed and tested on a major 3D variable-depth streamer survey conducted by CGG in the Atlantic Ocean …

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