Lukoil Overseas North Shelf News


Lukoil-backed Congo Project to Start Producing LNG in December

Mar 20, 2023

A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600…

Lukoil-Eni Congo Offshore License Bid Moves Forward

Mar 20, 2023

A joint bid between Lukoil and Eni for the rights to two of Congo's offshore energy blocks has moved forward, but has not yet completed, Interfax reported on Friday, citing a Lukoil executive and correcting previous agency reports that the contract had already been awarded…

Lukoil, KazMunayGas in Caspian Sea Collaboration

Feb 09, 2023

Russian oil firm Lukoil has signed several agreements with Kazakhstan's KazMunayGas in Astana regarding the Kalamkas-Sea, Khazar, Auezov subsoil area development project in the Kazakhstan sector of the Caspian Sea. They define the rights and…

Key Milestone: Woodside Publishes EIS for Browse to North West Shelf (NWS) Project

Sep 15, 2022

Australian oil and gas company Woodside on Thursday published the final Environmental Impact Statement (EIS) for the proposed Browse toNorth West Shelf (NWS) Project in Australia, as directed by the Australian Department of Climate Change, Energy…

Lukoil Chairman Dies after Falling from Hospital Window, Reuters Reports

Sep 01, 2022

Two sources say oil boss fell to his death from windowCompany says he died after serious illnessLatest in series of sudden unexplained deathsThis content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine…

Aker Energy Postpones Ghana Offshore Oil Field Plan amid Lukoil's Involvement

Aug 18, 2022

Norway's Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana amid concern the project could face sanctions over the war in Ukraine due to the involvement of Russian oil firm Lukoil…

Shelf Drilling Takes Delivery of 2008-built Aban Offshore Jack-up Rig

Jul 13, 2022

Oslo-listed offshore drilling contractor Shelf Drilling has taken delivery of the Deep Driller 7 jack-up drilling rig.Shelf Drilling bought the rig from the Indian offshore drilling firm Aban Offshore. The deal was first announced in mid-June…

No Oil, Gas Found at Closely Watched Exploration Well off W. Australia

Jun 06, 2022

Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.Ahead of drilling, the Sasanof prospect…

Lukoil Names Interim President after Alekperov's Resignation

Apr 22, 2022

Following billionaire Vagit Alekperov's resignation as president and director of Russian oil major Lukoil earlier this week, the firm announced on Friday that Vadim Vorobyev would take over as interim president.Vadim Vorobyev currently serves as the first executive vice president of the company…

Billionaire Alekperov Resigns as Lukoil President, Board Member

Apr 21, 2022

Russian oil giant Lukoil said Friday that Vagit Alekperov had resigned from his position as the President of Lukoil and from Lukoil's board of directors.'The respective notices of resignation were sent today to the chairman of the company’s board of directors…

Norway Opens New CO2 Storage Area for Bids

Apr 08, 2022

Norway on Friday announced a new area for CO2 storage in the North Sea, due to growing interest from the industry.'Several companies expressed interest for licenses under the carbon storage regulations, and new store locations are vital. Carbon…

Pluto Gas Processing Starts at Australia's North West Shelf, Woodside Says

Mar 31, 2022

Australian oil and gas company Woodside said Wednesday that the processing of gas from the offshore Pluto fields in W. Australia had started ahead of schedule at the North West Shelf Project’s (NWS) Karratha Gas Plant (KGP). 'This accelerated…

Russia's Lukoil Expects OPEC+ Oil Output Rollover in January

Dec 17, 2021

Leonid Fedun, a vice president of Russian oil major Lukoil, said on Friday he expected OPEC+ to stick to its decision to raise oil production by 400,000 barrels per day (bpd) each month at its meeting in January.OPEC and allies including Russia…

Lukoil to Buy 9.99% in Shah Deniz and Not 15.5% as Partners Exercise Pre-emptive Rights

Dec 13, 2021

Russian oil firm Lukoil will acquire a 9.99% percent in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas and not 15.5% as agreed originally in October, as other partners in the field, BP and Socar…

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