Developing Shtokman: Mitigating the Environmental Impact
Marat Sharifullin, Deputy Technical Director for Environment, Shtokman Development AG Ensuring environmental safety is one of the main conditions when developing large oil and gas projects in the Russian arctic, and this especially applies to the Shtokman gas condensate field (SGCF) development project in the Barents Sea. The Shtokman project …
Gazprom’s Planned Investment in Shtokman is low in 2012
Gazprom is tightening the purse strings on the stalled Shtokman project as it revealed a substantial cut in its investment budget for this year, according to a report. The Russian gas giant is allocating a modest $7 million in this year’s budget for the planned Barents Sea gas field development, …
Shtokman Development: LNG Plant and Onshore Infrastructure facilities approved during public hearings
Teriberka Rural Settlement in Murmansk region hosted the Third Public Hearings where the Design and Engineering Documentation (DED) for the Shtokman gas-condensate field (SGCF) Development Phase 1 facilities were discussed. During the hearings representatives of Shtokman Development AG (SDAG) and companies involved in DED development, in particular Technip Rus, Giprospetsgaz, …
Phase 1 facilities of the Shtokman project could reach up to 400 billion U.S. dollars of socio economic benefits
The annual International Forum “Gas of Russia – 2011” was held on November 15 in Gazprom Headquarters. The goal of the Forum was to discuss the issues related to the current status of innovation development and international cooperation in the gas sector. Alexey Zagorovskiy, CEO of “Shtokman Development AG” (SDAG), …
Shtokman Development AG and Sovcomflot Signed Cooperation Agreement
Shtokman Development AG and Sovcomflot signed Cooperation Agreement on September 20, 2011 in Saint-Petersburg at the 10th Annual Conference of Sovcomflot Business Partners. The document was signed by Alexei Zagorovskiy, Chief Executive Officer and Sergey Frank, Chairman of the Board of Sovcomflot. The Agreement stipulates mutual consultations and exchange of …
“Shtokman Development AG” confirms the shareholders’ intention to make final investment decision (FID)
Head of “Shtokman Development AG” Structural Analysis and Regulatory Documents Development Department Timur Sabirzanov addressed a plenary session of the RAO / CIS Offshore conference in St. Petersburg. He noted that the Project cost assessment will be presented to the shareholders in October 2011. In December shareholders plan to adopt …
Shtokman Development AG: 300 meters under the ice…
Stuart Nelson & Kirill Izmikov: Shtokman Development AG The design, installation and operation of the Shtokman Project are akin to those faced when working in outer space, such are the complexities. Stuart Nelson, subsea production unit manager and Kirill Izmikov, subsea production unit engineer at Shtokman Development AG, discuss the …
ROGTEC Editors Note Issue 26
Dear Readers, I hope you have all enjoyed the summer – it was good to catch up with everyone during the shows. From our point of view, we were very proud to showcase our 25th issue at the Caspian Oil & Gas Exhibition and MIOGE, which were both a great …
Shtokman income tax rate in the Murmansk Region will be set at 13.5%
in the course of the teleconference Mr. Dmitry Dmitrienko, Governor of the Murmansk Region and Mr. Alexei Zagorovskiy, Chief Executive Officer of the Shtokman Development AG (SDAG) discussed current issues of cooperation between SDAG and the Government of the Murmansk Region. The parties have underlined the importance of state support …