yamal

The Gazprom Board of Directors took note of the information about the effect achieved as a result of the utilization of the funds allocated for scientific research, experimental development, and technological works (R&D activities), as well as about the approval of the overall key performance indicator of innovative activities for 2021, and approved the 2020 Report on the implementation of Gazprom’s Innovative Development Program until 2025. …

According to Kommersant’s information, the head of NOVATEK, Leonid Mikhelson, has made a new attempt to get from Gazprom the giant Tambey group of fields with reserves of 7.3 trillion cubic meters of gas. According to Kommersant’s sources, Mr. Mikhelson was able to convince Vladimir Putin that it would be strategically …

Another set of tests has been performed in the upper levels of the exploration well at the Leningradskoye field of the Yamal gas production center. Earlier, the well helped discover a new deposit in the lower levels. In the course of the exploration activities, commercial gas inflow of over 1 million cubic meters per day was obtained. This is a record-high figure for the fields located on the …

Gazprom Neft and Shell have used this year’s St Petersburg International Economic Forum to sign an agreement on creating a joint venture to develop license blocks in the Yamalo-Nenets Autonomous Okrug. Gazprom Neft and Shell have signed all necessary legal documentation on a Sale and Purchase Agreement for a 50-percent interest in the authorised share capital of Meretoyakhaneftegaz, creating a joint venture on that basis. …

In part 2, we conclude the article by looking at the production outlook, including market risks.  (Click here for Part 1) Production Outlook While the discussion above points to considerable upstream activity, much of the expected production increments in the coming years come from either the Nadym-Pur-Tazovsky Region (existing fields still …

The second tanker of oil produced at the Novoportovskoye field at the Yamal peninsula (in the Yamalo-Nenets Autonomous District), was shipped to consumers in September. The batch of 27.2 thousand tonnes was shipped to north west Europe in the last delivery on the 17th September. The new type of oil, …

Polskie Górnictwo Naftowe i Gazownictwo SA, PGNiG, reports that natural gas supplies provided under the Yamal Contract at the interconnection points in Drozdovitse (Ukraine), Kondratki (Belarus) and Vysokoye (Belarus) remain inconsistent with the nominations made by the Company. On September 10th 2014, the delivery shortfall was approximately 45%. Under the …

Scientific research vessel “Academik Fedorov” accompanied by nuclear “Yamal” ice breaker successfully crossed the North Pole. Marine Arctic Geological Expedition (MAGE) conducts geologic and geophysical works targeting on oil-and-gas prospect assessment of the Russian continental shelf outside a 200-mile zone of the Arctic Ocean. This research results is a part …

French oil major Total stopped buying shares in Russia’s Novatek when a Malaysian airliner was shot down over Ukraine, but it is still too early to gauge the impact of western sanctions against Russia, Total said, reported Reuters. * Q2 net adj profit down 12 pct to $3.15 bln * Yamal development …

Technip, leader of a consortium with JGC, was awarded by JSC Yamal LNG, owned by NOVATEK (80%) and TOTAL (20%), a contract to carry out the engineering, procurement, supply, construction and commissioning of an integrated facility for natural gas liquefaction. The project will start immediately with a phase of detailed …