Sakhalin News

Shell Says Talks Over Gazprom Asset Swap Suspended

Dec 12, 2018

Talks about a possible asset swap deal between Royal Dutch Shell and Gazprom have been suspended, Kommersant business daily reported on Wednesday, citing Cederic Cremers, head of Shell's business in Russia.The memorandum on the possible asset…

US, Russian Energy Majors Join to Push LNG in India, Japan

Oct 25, 2018

Russia's energy major Rosneft and US ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, Reuters reported.The report said that  the LNG production…

Putin to Meet Shell CEO in Moscow: Kremlin Aide

Oct 02, 2018

Russian President Vladimir Putin will meet Royal Dutch Shell Chief Executive Ben van Beurden in Moscow this week, Kremlin aide Yuri Ushakov told reporters on Tuesday.Ushakov said Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia's Pacific coast…

Sakhalin-1 Consortium to Pay $230 mln to Rosneft

Sep 28, 2018

Russia's Sakhalin-1 consortium, led by ExxonMobil, has agreeed to pay $230 million to Russian energy giant Rosneft as part of an out-of-court settlement, the managing director of consortium partner ONGC Videsh told Reuters on Friday.The deal…

O&G Output at Russia's Pacific Sakhalin Island Seen Down in 2019

Sep 20, 2018

Production of oil and natural gas at the Russian Pacific island of Sakhalin is expected to decline next year, the local government said in an emailed response to a Reuters query.Sakhalin, which is also famous for producing seafood, derives most…

Year in review: 2017's Top 10 discoveries

Dec 19, 2017

Audrey Leon looks at some of 2017's 10 largest offshore discoveries. First published in the December 2017 OE. While exploration hasn’t been as hot as it used to be, the finds this year have been big and plentiful. Wood Mackenzie has provided the year’s 10 biggest finds by volume…

Rosneft hails longest well

Nov 17, 2017

Rosneft, part of the Sakhalin-1 Consortium, has successfully completed drilling of the world's longest well, from Orlan platform at Chaivo field in the Sea of Okhotsk. The well, with horizontal completion, is 15000m-long (15km). Rosneft…

Gazprom makes major Ayashsky discovery in Okhotsk Sea

Oct 09, 2017

Russian gas giant Gazprom Neft says it has made a new discovery containing 255 million tonne of oil equivalent (ca.1.8 bn boe) in place on the Ayashsky license block, in the Okhotsk Sea. The Ayashsky block in the Okhotsk Sea forms part of the Sakhalin-3 project…

Wood Group inks Sakhalin contract

May 22, 2017

Wood Group has secured a technical support services (TSS) contract with Sakhalin Energy Investment Company, an operator of Sakhalin-2, which includes Russia's first offshore gas production platform and liquefied natural gas (LNG) plant. The…

Siem inks several global charter deals

Apr 21, 2017

Siem Offshore has lined up a string of charter contracts for its vessels with several global companies.  BHP Billiton has hired the Siem Aquamarine and Siem Amethyst AHTS vessels to support upcoming drilling work west of Australia for a firm period of 240 days…

Ampelmann develops Icemann crew transfer system

Apr 20, 2017

Ampelmann, a provider of safe offshore access to the energy industry, has released it latest Walk to Work system which has been specially designed for operation in extreme cold conditions. The N-type, nicknamed Icemann, was officially launched in Rotterdam…

ERD wells push distance boundaries

Mar 01, 2017

Scott Weeden looks at new developments in extended reach drilling, which include managing vibrations, thereby allowing the BHA and bit to stay on bottom longer and get the well to total depth. The…

Gazprom to start Okhotsk Sea drilling

Feb 22, 2017

Russia's Gazprom Neft is set to drill the first exploration well on the Ayashsky Block in the Sea of Okhotsk after signing a contract for use of a Japanese drilling rig. Gazprom acquired a license for the exploration, development and…

KCA Deutag inks Sakhalin extension

Feb 20, 2017

Sakhalin Energy Investment Co. awarded KCA Deutag a four-year contract extension for platform drilling services on three platforms offshore Sakhalin Island in Russia.   The contract extension is effective from 1 June 2017 to 31 May 2021…

Exxon to start 5 projects by 2018

Jan 31, 2017

US giant ExxonMobil announced it will start five major offshore projects in 2017-2018, in addition to a Q4 2016 earnings of US$3.7 billion, which took a $2 billion impairment charge from its upstream sector. Image from Exxon…

Current News

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