Offshore Russia News - page 25

Gazprom makes Arctic advances

Mar 27, 2014

A rendering of Kirinskoye's subsea processor, a first for a Russian company. Sarah Parker Musarra examines the offshore developments that helped make 2013 a banner year for Russia's Gazprom. Located…

The Laptev Sea: Beginning of the Transpolar Drift

Mar 27, 2014

Schematic of the Arctic surface circulation including the Transpolar Driftal. The Siberian shelves are vast and shallow, seasonally ice-covered, and receive more than 80% of the Arctic freshwater input…

Russia limits access to Arctic

Mar 27, 2014

Global oil majors continue to lobby concessions for opertations on the Russian Arctic shelf; Eugene Gerden reports. Amid the fierce critics from the global environment organizations, the Russian government continues to create conditions…

Greenpeace scales West Alpha

Mar 24, 2014

Greenpeace has said five of its 14 activists have scaled the West Alpha semisubmersible drilling rig offshore Norway in protest against ExxonMobil’s plans to drill in the Russian Arctic.  The protest has been staged on the 25th anniversary of the Exxon Valdez oil spill…

Keppel bags string of contracts

Mar 17, 2014

Keppel Offshore & Marine’s subsidiaries have secured contracts worth about US$110 million in total. Keppel Shipyard will, for SOFEC Inc., fabricate an external turret mooring system for an FPSO vessel that will operate in the Tweneboa-Enyenra-Ntomme fields in Ghana…

Russian-backed firm buys RWE Dea

Mar 17, 2014

Germany’s RWE Aktiengesellschaft has conditionally agreed to sell its exploration and production firm subsidiary RWE Dea AG to Russian-backed LetterOne Group for about Euro 5.1 billion (US$7 billion).  LetterOne was founded last year as an investment vehicle…

Wintershall shifts upstream

Mar 14, 2014

Germany-based crude oil and natural gas producer is planning to divest its shareholding in the Eastern German company Verbundnetz Gas AG (VNG) as part of its strategy to concentrate on the upstream sector. A 24 March agreement will see EWE Aktiengesellschaft take over Wintershall’s 15…

Gazprom, Shell progress on Sakhalin

Feb 24, 2014

Russia-based Gazprom and Shell signed an agreement for the preparation of FEED documents for the production of LNG within the Sakhakin II project off Sakhalin Island, Russia. “We welcome the sequential approach of our partner Gazprom to expanding the LNG plant in the Prigorodnoye settlement…

Fecon orders KFELS jackups

Feb 13, 2014

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured contracts to build three high-specification KFELS B Class jackup rigs worth about US$650 million from Fecon International Corp (Fecon)…

LUKOIL and Gazprom agree on spills

Feb 10, 2014

Gazprom and LUKOIL have signed a cooperation agreement on the prevention of and response to emergencies caused by oil and petroleum product spills offshore, including performing joint emergency exercises. The companies agreed that in…

South Stream awards supply contract

Jan 29, 2014

South Stream awarded a contract for three pipe mills to supply over 75,000 steel pipes for the first line of the South Stream Offshore Pipeline. Europipe from Germany will supply 50% of the pipes, Russia's OMK and Izhora Pipe Mill will supply 35% and 15%…

AMEC consortium on Shah Deniz II

Jan 28, 2014

The AMEC Tekfen Azfen (ATA) consortium has been awarded a US$974 million contract for work on the BP-operated Shah Deniz II gas field development in the Caspian Sea. The contract covers the fabrication, load out, and offshore hook-up…

Ramboll wins Caspian FEED

Jan 27, 2014

Russia’s Lukoil has commissioned Ramboll to perform pre-front end engineering and design (FEED) studies for the Yuri S. Kuvykin field in the Russian sector of the north Caspian Sea. Ramboll’s work will focus on a drilling complex and topside living quarters…

Pemex, Lukoil sign cooperation agreement

Jan 25, 2014

Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement today at the World Economic Forum Annual Meeting in Davos, Switzerland. The document was signed in the presence of Enrique Peña Nieto…

Topaz buys AHTSVs

Jan 22, 2014

Middle East-based offshore support vessel company Topaz Energy and Marine has acquired two large and modern anchor handling towage and supply vessels (AHTSV) for about US$100 million. The vessels, the Caspian Challenger and the Caspian Endeavour…

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