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Monday, 10 August 2015 03:24

Russian field added to US sanctions list

A Russian offshore gas and condensate field in the Sea of Okhotsk has been added to a US-sanctions list prompted…
Friday, 07 August 2015 03:34

Russia seeks to extend Arctic territory

Russia's Ministry of Foreign Affairs earlier this week announced it had submitted a revised bid claiming 1.2 million sq km…
Friday, 17 July 2015 07:53

WoodMac: Russia OK with US$60/bbl

Wood Mackenzie has evaluated the competitive position of the three largest Russian oil and gas producers at US$60/bbl oil and…
Published in OE Press: 2015 / July
Fugro delivered a bespoke structural monitoring system for Exxon Neftegas, as operator for, and on behalf of, the Sakhalin-1 consortium,…
Published in OE Press: 2015 / July
Thursday, 09 July 2015 09:45

Saipem gets official South Stream axe

Gazprom handed Eni subsidiary Saipem a termination notice for the South Stream pipeline project to transport gas via a pipeline…
Published in OE Daily: 2015 / July
Monday, 29 June 2015 03:16

Eni, KMG to explore Isatay

Kazakh state-owned KazMunayGas (KMG) and Italian giant Eni finalized commercial terms to move 50% of the suboil use rights of the…
Published in OE Daily: 2015 / June
Friday, 19 June 2015 11:15

Total a shoo-in for Shtokman

Gazprom is welcoming Total back to the Shtokman project upon resuming operations in the Russian sector of the Barents Sea.…
Published in OE Daily: 2015 / June
Russian gas producer Gazprom and Shell signed an agreement to expand the Sakhalin-2 LNG project. Sakhalin-2 saw the development of…
Published in OE Daily: 2015 / June
Wednesday, 03 June 2015 10:49

Novatek, Engie ink Yamal LNG contract

Novatek Gas & Power and Engie finalized a long-term contract for the supply of liquefied natural gas (LNG) from the…
Monday, 01 June 2015 00:00

Defrosting Arctic development

Russian arctic oil exploration is facing an uphill battle against international sanctions and low oil prices. But, the country’s oil…
Published in OE: 2015 / June
Image from Schlumberger. The merger between the world's largest oilfield services company Schlumberger and Russian drilling contractor Eurasia Drilling Co.…
Published in OE Press: 2015 / May
Tuesday, 26 May 2015 07:56

Bentec secures Caspian contract

Drilling rig equipment manufacturer Bentec has been awarded three multi-million dollar contracts, including the firm’s first complete rig for the…
Published in OE Press: 2015 / May
Thursday, 21 May 2015 11:04

WorleyParsons's US$55 million to XOM

Australia-based WorleyParsons will pay US$55 million to an ExxonMobil (XOM) subsidiary after reaching a settlement on a dispute over a…
Published in OE Daily: 2015 / May
Monday, 18 May 2015 03:48

Lundin eyes Caspian Sea black gold

Russian licensing authority Rosnedra awarded Lundin Petroleum a production license for the Morskaya field in the northern Caspian Sea. The…
Published in OE Press: 2015 / May
At this week’s Offshore Technology Conference (OTC) in Houston, DNV GL revealed a study that analyzes current regulatory regimes, outlining…
Published in OE Press: 2015 / May