Offshore Russia News - page 31

Voices: “Geographically, what offshore region will emerge next as a new market?”

Jul 24, 2013

Globetrotting. OE sought to uncover which new offshore regions are being targeted as potential new markets. Here’s what our think tank had to say: “Geographically, what offshore region will emerge next as a new market?” Chariot…

Rosneft and ExxonMobil sign agreements establishing a joint ARC

Jul 10, 2013

Exxon, Rosneft establish ARC Rosneft and ExxonMobil signed agreements establishing a joint Arctic Research Center (ARC) in Russia and technology-sharing to support their joint ventures worldwide. ARC will provide research, development…

Aker picks up Azeri rig job

Jul 10, 2013

Aker Solutions has won a contract with Caspian Drilling Company (CDC) to provide a complete topside equipment package for a new semi-submersible drilling rig in Baku, Azerbaijan. The equipment will mainly be constructed and assembled…

Eni, Rosneft team for Barents seismic

Jul 08, 2013

Eni and Rosneft began seismic operations in the ice-free portion of the Russian Barents Sea, the companies confirmed on July 8. The 2D seismic survey is planned for 9950km over the Fedynsky and Central Barents license areas. During the…

Bumi Armada wins EPIC contract

Jul 08, 2013

Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced that its wholly-owned Russian subsidiary, Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering…

Rosneft acquires ITERA

Jul 03, 2013

Rosneft acquired the remaining 49% of ITERA Oil and Gas Company LLC from Itera Holdings Ltd. for US $2.9 billion. As a result, Rosneft’s share in the company has increased to 100%. Rosneft said the consolidation of ITERA Oil and Gas Company…

Expert Access: Organizing the Weather Off Sakhalin

Jul 03, 2013

This event aired on July 16, 2013 Click to AccessJoin marine meteorologists Eric Brozefsky and Francis Kredensor, of Wilkens Weather Technologies LP, a Rockwell Collins Company for a live presentation and Q&A session. Brozefsky and…

Rosneft, PDVSA join forces

Jul 02, 2013

Russia's Rosneft and Venezuela's PDVSA struck a deal concerning the implementation of projects offshore Venezuela. The agreement calls for the two companies to conduct joint studies evaluating technical and economic viability of offshore gas and condensate production in Venezuela…

Rosneft to start Okhotsk seismic

Jul 02, 2013

Rosneft has announced it has started seismic acquisition activity in the Sea of Okhotsk license blocks Lisyansky, Kashevarovsky and Magadan-1. The Russian firm said 2D seismic and gravity magnetic survey, from the Academik Fersman vessel…

Kashagan readies for start-up

Jul 01, 2013

Work to start-up production on the Caspian Sea Kashagan development has begun, the North Caspian Operating Company (NCOC) has said. The first phase of the development will see oil and gas produced from eight wells on an artificial island complex in the north Caspian Sea…

GE opens customer application center in Moscow

Jun 26, 2013

GE announced the grand opening of its new, state-of-the-art customer application center (CAC) in Moscow. At an invitation-only ribbon-cutting ceremony, customers toured the facility and experienced the complete GE Measurement & Control product…

Gazprom, JFG sign Vladivostok MOU

Jun 25, 2013

Russian state-owned company Gazprom along with a consortium of Japanese firms have signed a memorandum of understanding (MOU) concerning the development of Gazprom's Vladivostok LNG project. Present for the signing on June 22 were Gazprom Chairman Alexey Miller and Masanori Toyoshima…

Rosneft seals partnership deals

Jun 21, 2013

Rosneft annoucned today it has signed cooperation agreements with Norway's Statoil, Italy's Eni, and America's ExxonMobil. Statoil and Rosneft have made official their plans to explore for oil and gas offshore Russia.  The two companies…

Sakhalin II exports LNG

Jun 15, 2013

Sakhalin-II is an intergrated, export-oriented oil and gas development, and Russia’s first offshore gas project. It handles production from Piltun-Astokhskoye oil field and the Lunskoye natural gas field in the Okhotsk Sea, and is managed and operated by Sakhalin Energy Investment Co…

Russia sets ambitious targets

Jun 14, 2013

Russia’s campaign to sell its energy wares throughout the Asia Pacific region continued at several US energy conferences this spring: IHS CERAWeek (March) and LNG 17 (April). Russia reiterated that it can curb production declines and ramp…

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