NOVATEK Obtains the Arkticheskoye and Neytinskoye Fields
PAO NOVATEK announced today that the Company’s wholly owned subsidiary, Yamal LNG Resource, won the auctions for geological survey, exploration, and production licenses for two subsoil license areas, which includes the Arkticheskoye and Neytinskoye fields on the Yamal Peninsula in the Yamal-Nenets Autonomous Region. The Arkticheskoye and Neytinskoye fields have …
NOVATEK, Sberbank and Gazprombank Sign MOU on Financing Construction of Gas Chemical Plant
As part of today’s Saint-Petersburg International Economic Forum, PAO NOVATEK, PJSC Sberbank, and Gazprombank (Joint Stock Company) signed a Memorandum of Understanding (“MOU”) on financing the construction of a gas chemical plant on the Yamal peninsula. The Parties intend to organize financing to construct a gas chemical plant in close …
Weatherford Signs Two Drilling Services Contracts In Russia Valued At $67 Million
Weatherford International plc announced it has signed two contracts totaling $67.4 million for drilling services with two major operators in Russia. The first contract spans two-and-a-half years. Operations began in July 2019 and will last through the end of 2022. Weatherford will provide logging-while-drilling (LWD), measurement-while-drilling (MWD), rotary steerable systems …
Gazprom and RusGazDobycha Discuss Future of Joint Projects
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Artem Obolensky, Chairman of the Board of Directors of RusGazDobycha, took place today at the St. Petersburg International Economic Forum 2018. The parties discussed issues related to bilateral cooperation, including the project for the development of the Parusovoye, Severo-Parusovoye and Semakovskoye fields, as well as the evaluation of the …
ERIELL Group Signed a Long-term Contract With Yamal LNG
ERIELL Group has signed a 6-year contract with Yamal LNG OJSC for building 39 producing wells on a trunkey basis in the South Tambey field. “This is the second long-term contract for well drilling in Yamal. We have accumulated the experience that will help us completely justify the confidence of …
ERIELL Signed a 9-year Contract for Drilling in Novy Port
ERIELL, an international oilfield service group, has won a JSC Gazprom Neft Novy Port tender for drilling of 136 producing wells in Yamal Peninsula, Russia. The term of the contract is 9 years. “ERIELL Group focuses on establishment of long-term relations with its partners. The Novy Port project has become …
Yamal LNG: Binding contract on LNG supply concluded with CNPC
Yamal LNG announced the conclusion of a binding contract for the supply of liquefied natural gas (LNG) with China National Petroleum Corporation (“CNPC”). The contract provides for the supply of three (3) million tons of LNG per annum at delivered ex-ship (DES) terms for a period of 20 years. LNG …