Gazprom Buys Further Shtokman Acreage
Gazprom has paid 981.7 million RUB (€25 million) for the license rights over an area located to the west of the current Shtokman field license. The new license, which was offered by the Russian Mineral Development Agency (Rosnedra), includes parts of the Shtokman field resources, RIA Novosti reported. With its 3.9 trillion …
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, …
Meeting with NGOs on Environmental Safety during Shtokman Field Development
Shtokman Development AG (SDAG) and Russian office of the World Wildlife Fund (WWF-Russia) initiated a working meeting in Moscow on environmental safety during Shtokman field development. The main consultant for SDAG on environmental studiesis – FRECOM and the main consultant of SDAG on Hydrocarbon Spill studies- “Informatika riska” took part …
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: 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 …
Shtokman Presentation of the environmental aspects of the Shtokman project implementation at RF Federal Council
On February 17, 2011, a round table session “Environmentally Safe Engineering and Process Solutions for Offshore Oil and Gas Fields Development in the Barents Sea” was held at the Federal Council. The round table was attended by Sergey Mironov, Chairman of the Federal Council of RF Federal Assembly, Victor Orlov, …