Sakhalin-2 is Ready to Become a Center of Competence for Integrated Field Development
On September 27, on the sidelines of the Far Eastern Energy Forum “Oil and Gas of Sakhalin – 2023”, a plenary session “The Far East: New Prospects for the Oil, Gas and Energy Sector” was held. The key event of the first day of the conference brought together representatives of …
Russian Oilmen Increased the Commissioning of Oil Wells in April by 16.5%
The commissioning of new oil wells in Russia in April 2023 increased by 16.5% compared to April last year and amounted to 627 wells. This was reported by two sources of Vedomosti, familiar with the statistics of the Ministry of Energy. The growth rate for vertically integrated oil companies (VIOCs) …
TMK: Announces 3Q and 9M 2021 IFRS Results
PAO TMK, a global leader in steel pipe production and one of the world’s leading suppliers of tubular products for the energy and industrial sectors, today announces its interim consolidated IFRS financial results for the nine months ended September 30, 2021. While analysing these financial statements, it is important to …
AKROS and Sakhalin Energy Signed a Memorandum of Cooperation
On September 29, within the framework of the Sakhalin Oil and Gas 2021 Far Eastern Energy Forum, AKROS and Sakhalin Energy signed a memorandum of cooperation. The signing took place in the presence of the Chief Executive Officer of Sakhalin Energy Roman Dashkov. The subject of the document is interaction on the development …
TMK Qualified to Supply Line Pipes for Sakhalin-2 project
Pipe Metallurgical Company (TMK) has successfully passed Sakhalin Energy’s qualification for the supply of linear oil and gas pipes for the transportation of hydrocarbons within the Sakhalin-2 project. Pipes produced by the Volzhsky Pipe Plant (VTZ), which is part of TMK, will be able to be supplied for onshore and …
Sakhalin Energy on Its Strategy to Reduce Its Carbon Footprint
The Sakhalin Oblast Government held a round table entitled “Low Carbon Development of Russia: Priorities and Opportunities of the Sakhalin Oblast”. The event brought together representatives of the region’s executive authorities, academia, community and business. In his opening speech, the Minister of Environment of the Sakhalin Oblast, Aleksander Matnenko, stated …
Sakhalin Energy Uses the First Russia Manufactured Downhole Drilling Motor in Project History
For the first time in the history of Sakhalin-2 field development Sakhalin Energy used a downhole drilling motor (DDM) manufactured in Russia. More than a thousand metres has been drilled using this motor in the PA-B well. The successful application of this equipment has become yet another step towards increasing …
Sakhalin Energy Is One of the First in Russia to Publish the 2020 Sustainable Development Report
Roman Dashkov, Chief Executive Officer noted in his opening address: “Sakhalin Energy has always strived for more, so it will strictly adhere to the principles of continuous improvement and sustainable development, considering them the key to the company’s long-term competitiveness”. The focus on continuous improvement provides the opportunity for Sakhalin …
Sakhalin Energy’s Molikpaq Platform: Produces 300 Mln Barrels of Oil
Sakhalin Energy’s Molikpaq platform has produced 300 mln barrels of oil since the start of production in 1999. It was the first platform installed on the Russian shelf under the Sakhalin-2 project, and even after 20 years of operation it still contributes substantially to the company’s hydrocarbon production output. According to Marat Rezyapov, Sakhalin …
Sakhalin Energy Production Assets: Working in Harsh Environment
Sakhalin is the Russia’s largest island with sever climatic conditions. The air temperature goes down to minus 40 degrees Celsius in winter in the north of the island, and the sea is covered with ice for virtually six months. Wave height at Piltun-Astokhskoye and Lunskoye fields, where Sakhalin Energy produces …