Rosneft: Pobeda Has Recoverable Reserves of 130 mln tons of Oil and 499 bcm of Gas
State commission on reserves confirmed the fact of discovery of the new arctic oil and gas field Pobeda on the Kara sea shelf. The field was discovered as the result of the drilling of the northernmost well in the world – the Universitetskaya-1 well. The expert commission accepted the fact …
Rosneft: Holds Public Hearings on the Studies of the East-Sibirsky-1 License
Rosneft presented a program of comprehensive geophysical studies on the East-Sibirsky-1 licensed block in the water area of the East-Siberian Sea in the course of public hearings held in Anadyr. During the event, the implementation of the works, measures on environmental protection during exploration as well as equipment and technologies …
Northern Offshore: Delays Energy Endeavor Jack Up Contract With Rosneft
Northern Offshore, Ltd. today issued an update to its July 30, 2014 announcement of a 2 1/2 year contract with Rosneft for its jackup drilling unit Energy Endeavor. In conjunction with partners North Atlantic Drilling and Seadrill, Northern has agreed to delay the transaction until the end of May 2015. While Northern …
Rosneft: Presented Studies on the West Prinovozemelsky License Block in the Barents Sea
In the course of public hearings in Archangelsk Rosneft presented a program of marine comprehensive engineering and geochemical studies of the West Prinovozemelsky licensed block in the Barents Sea. During the hearings the procedure for implementation of the works as well as environmental management were thoroughly discussed. Participants of hearings …
Alexander Novak: Russia Could Seek New Partners if Western Majors Pull Out
Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday. The sanctions over Russia’s role in the Ukraine crisis have targeted the …
Rosneft Ships First Oil From the Northern Tip of the Chayvo Field
Rosneft commenced shipment of crude oil extracted at the Northern Tip of Chayvo license off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21. The tanker was loaded at the Sokol single-point oil terminal located 5.7 km east of DeKastri Terminal, Khabarovsk Krai. …
ExxonMobil: Looking for New Assignment for West Alpha, NADL, Rig?
Sanctions are forcing Exxon Mobil Corp.to look for alternative assignments for an offshore rig supposed to sail back to the Russian Arctic next summer. West Alpha, the rig owned by billionaire John Fredriksen’s North Atlantic Drilling Ltd. (NADL) that made a billion-barrel oil discovery for Exxon and OAO Rosneft in …
Rosneft: Completes 2014 Geological Survey Program – 24 License Areas Shot
Rosneft reports on 100% completion of the geological survey program on Company’s offshore license areas for 2014. In the current year geological survey covered 24 license areas with the scope considerably exceeding license obligations. Seismic performance results included 31,503 line km of 2D seismic, and 12,939 sq. km of 3D …
UNEPCOM endorsed initiative of Rosneft and Russian Geographical Society
The Russian National Committee for UNEP (UNEPCOM) endorsed the initiative of Rosneft and the Russian Geographical Society to elaborate interdisciplinary scientific program for comprehensive Arctic research. This program will help to set out the principles of special economic activity regulations in the region, including clear ecological rules of shelf development. …
Rosneft and PDVSA Signed a Second Long-Term Contract for Supplies of Oil and Oil Products
Rosneft Group and PDVSA signed a long-term contract for supplies of oil and oil products of Venezuelan production. The document envisages the supplies of over 1.6 mln t of oil and 9 mln t of oil products to the Rosneft Group within 5 years. Commenting on the signing Rosneft Head …