Russia News


Total appoints new CEO

Oct 22, 2014

Total’s board of directors has appointed a new CEO, following the death of its chairman and CEO Christophe de Margerie (pictured right) in a plane crash in Moscow late on Monday night.  Patrick Pouyanné, Total’s President of Refining & Chemicals…

Total CEO killed in Moscow plane crash

Oct 21, 2014

Total's CEO Christophe de Margerie has died in a plane crash at Moscow's Vnukovo Airport just after 10pm (Paris time) last night (20 October). The 63-year-old was on a Dassauly Aviation SA Falcon business jet, which was bound for Paris…

RWE deal with Russian outfit in doubt

Oct 16, 2014

RWE’s sale of its exploration and production subsidiary RWE Dea AG to a Russian investor is still going ahead, the firm says, despite a question mark over the UK assets involved.  The US$7 billion deal, with Russian-backed LetterOne Group…

SPE Russian Oil & Gas conference hits record attendance

Oct 15, 2014

The fifth SPE Russian Oil & Gas Exploration and Production Technical Conference and Exhibition at the All-Russian Exhibition Center in Moscow hit a record attendance on its first day with 1,775 unique attendees, marking a 19% increase on the previous event in 2012…

Exxon chief: US in ‘a new era of energy abundance’

Oct 03, 2014

ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership’s “State of Energy” event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America’s…

Sustaining Russian production focus

Oct 01, 2014

The fifth biennial Society of Petroleum Engineers (SPE) Russian Oil and Gas (ROG) Exploration and Production Technical Conference and Exhibition is set to focus on sustaining production levels by challenging the limits with technology. This year’s conference…

BOW gets piece of Pieter Schelte

Sep 30, 2014

The test frame for Allseas’ mega-vessel Pieter Schelte arrived at BOW Terminal in Vlissingen. The En Avant 20 tugging the test frame. From Muller. Volker Staal en Funderingen (VSF) awarded…

Rosneft hails Arctic oil find

Sep 29, 2014

Russian oil exploration giant Rosneft has said it and partner ExxonMobil have made an oil discovery on the Universitetskaya-1 well in the Arctic, despite US and European Union sanctions.   Rosneft said the well, in the East-Prinovozemelskiy-1 license in the Kara Sea…

Exxon, Rosneft to end Kara Sea drilling

Sep 19, 2014

ExxonMobil and Rosneft will end drilling operations in the Kara Sea due to Western sanctions. The West Alpha ExxonMobil released a statement today (19 September), which said the supermajor will comply with all US sanctions…

Dolphin cleared for Kara Sea work

Sep 19, 2014

Dolphin Geophysical has received confirmation from the Export Control Division of the Norwegian Foreign Department that the recently announced contract in the Kara Sea is not subject to the current trade restrictive measures against Russia…

Millionth barrel flows from Prirazlomnoye

Sep 16, 2014

The millionth barrel of oil has been produced at the Prirazlomnoye field, in Russia's Pechora Sea, in the Arctic, operator Gazprom Neft announced. The second tanker to deliver the oil to North West Europe in the next few days is currently being loaded…

Rosneft, PetroVietnam to form Pechora Sea JV

Sep 08, 2014

Rosneft and PetroVietnam announced they will set up a joint venture to develop two oil field blocks in the Pechora Sea in Russia’s Arctic, Reuters reported on 5 September 2014. According to the report, Rosneft will hold 66.67% interest in the JV…

Northern Chayvo field starts production

Sep 05, 2014

Rosneft began production from the northern tip of the Chayvo field, located off northern Sakhalin Island. Rosneft President Igor Sechin said that Chayvo will produce about 1.5 million tons of oil annually, with the northern tip of the…

Gazprom, PetroVietnam discuss holdings

Sep 05, 2014

Alexey Miller, chairman of the Gazprom Management Committee and Nguyen Xuan Son, chairman of the PetroVietnam National Oil and Gas Group Board of Director met at Gazprom headquarters 3 September to address the joint development of hydrocarbon resources in Vietnam and Russia…

Dolphin awarded 3D Kara Sea survey

Sep 05, 2014

Dolphin Geophysical has been awarded an industry first ever 16 streamer 3D seismic contract for an undisclosed client in the Kara Sea.    The contract has a duration of approximately three months and will start in Q2 2015. Dolphin will…

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