Collaboration, Partnership, and Transformation. The Caspian Oil and Gas Industry Goes Through Major Change, as Region’s Technical Oil and Gas Conference Goes Online
The largest Caspian oil and gas event came to a close today after going online for the first time in its history. The Caspian oil and gas industry has demonstrated resilience to overcoming low oil prices, the COVID-19 crisis and technological challenges by transforming them into sustainable opportunities. The special …
Arctic LNG 2 Chartered 15 Arc7 Tankers to be Built at Zvezda Shipyard
PAO NOVATEK announced that its joint venture Arctic LNG 2 (“Arctic LNG 2” and/or the “Project”) entered into long-term charter agreements on 14 Arc7 ice-class LNG tankers with SMART LNG (a joint venture between NOVATEK and PAO Sovcomflot), with the construction of the LNG tankers to be built at the Zvezda Shipbuilding …
Terneftegaz: a Joint Venture Between Novatek and Total Located in the West Siberian Sub-Arctic
This article, written by Ben Seligman, focuses on a joint venture between Novatek, Russia’s largest independent gas producer, and France’s Total. The JV is called ‘Terneftegaz’. When we think of Novatek and Total’s partnerships in Russia, the big Arctic LNG projects, Yamal LNG and Arctic LNG 2, immediately come to …
CEO’s Meet Virtually to Discuss Status of Arctic LNG Project
PAO NOVATEK announced that a working meeting was held today regarding the Arctic LNG 2 project with the respective CEO’s of the partner companies. The working meeting, which took place in the form of a videoconference, was attended by Leonid Mikhelson (NOVATEK), Patrick Pouyanné (TOTAL), Dai Houliang (CNPC), Wang Dongjin …
eDrilling Wins Contract for Total’s Well Construction Planning Technologies
eDrilling announced today that it has been awarded a contract by Total S.A. for its well construction planning technologies, as part of Total Drilling Engineering Software Kit (also known as T-Desk) & Drilling & Wells digital platform re-development. T-Desk is the corner stone software for well design engineering within Total. …
CGG Wins Multi-Year Dedicated Center Contract Renewal for Total
CGG announced today that its Geoscience division has been awarded a contract renewal by Total, for the continued operation of its Dedicated Processing Center (DPC) in Pau, France. The new contract will run for five years starting in January 2020. The two companies have been working in close collaboration at …
Uzbekistan Says Three Upstream Gas Deals Close to Signing
Uzbekistan plans to sign at least three deals with large foreign energy companies this year and five more next year as it aims to boost its natural gas output, chief executive of state energy firm Uzbekneftegaz said on Friday. The list of potential partners in exploration and development agreements includes …
Total: Launches Phase 3 of the Dunga Field in Kazakhstan
Total and its partners have approved the launch of Phase 3 development of the onshore Dunga field in the Mangystau Region of western Kazakhstan. Phase 3 of the Total-operated field will consist of adding wells to the existing infrastructure and upgrading the processing plant to increase its capacity by 10% …
Yamal LNG Shipped First LNG Cargo to Japan
PAO NOVATEK announced today that Yamal LNG shipped the first cargo of liquefied natural gas (“LNG”) to Japan in accordance with the long-term offtake agreement with TOTAL. The cargo was unloaded at the Tobata LNG Terminal in accordance with the buyers lifting and delivery schedule. “Commencing LNG shipments to the …
Oil Output at Kazakhstan’s Kashagan Hits Record of 400,000 bpd
Oil output at Kazakhstan’s Kashagan field reached an all-time high of 400,000 barrels per day (bpd) on Tuesday, three sources familiar with daily production data told Reuters. Oil production on Kashagan might rise further to 410,000 bpd in coming months, two industry sources familiar with the development plan said. Output …