Russia

Schlumberger buys USD 1.7bn stake in EDC to strengthen Russia onshore drilling business

Submitted by Paddy Harris on 20th January 2015

20th January 2015

Schlumberger Limited is to acquire a minority equity interest in Eurasia Drilling Company Limited (EDC), extends the successful long-term relationship enjoyed by the two companies within the strategic alliance signed in 2011, which has enabled deployment of a range of drilling and well engineering services to customers in the Russia land conventional drilling market.

ExxonMobil launches production from Arkutun-Dagi field at the Sakhalin-1 offshore Russia

Submitted by Paddy Harris on 19th January 2015

19th January 2015

ExxonMobil Corporation has begun production at the Sakhalin-1 project’s Arkutun-Dagi field – the last of the three fields to be developed

Gazprom Neft continues Arctic development with two new licence block awards

Submitted by Paddy Harris on 15th January 2015

15th January 2015

Gazpromneft Sakhalin (a subsidiary of Gazprom Neft) has been awarded subsoil-use rights to two licence blocks in the Russian Arctic — the Severo-Zapadniy (North East) block, located on the Pechora Sea shelf, and the Heysovskiy block, located on the continental shelf of the Barents Sea

Gazprom Neft begins second section of Novoportovskoye arctic pipeline in Russia

Submitted by Paddy Harris on 14th January 2015

14th January 2015

Gazprom Neft has begun construction of the second section of a pressure-pipeline from the Novoportovskoye field to Cape Kammeny (located on the shore of the Gulf of Ob, Yamalo-Nenets Autonomous Region), for onward shipment to customers by sea

Tendeka announces two major contracts in Russia

Submitted by Paddy Harris on 5th January 2015

05th January 2015

Tendeka has announced two significant contracts for the sand and inflow control technology in Russia

Gazprom absorbs South Stream partners' share following sudden ditching of subsea project

Submitted by Paddy Harris on 1st January 2015

01st January 2015

Gazprom bought out Eni, Wintershall and EDF’s minority interests in the South Stream Transport joint operating company over the New Year period, following a snap decision from Russian president Vladimir Putin to ditch the project in early December

Gazprom has acquired Eni, Wintershall and EDF’s minority interests (amounting to 50 per cent) in the South Stream Transport joint operating company over the New Year period, following a snap decision from Russian president Vladimir Putin to ditch the project in early December

Gazprom Neft lauds near-field transient electromagnetic project in Eastern Siberia

Submitted by Paddy Harris on 22nd December 2014

22nd December 2014

Gazprom Neft lauds near-field transient electromagnetic project in Eastern SIberia

Gazprom Neft confirmed the completion last week (16 December) of electrical prospecting (to a length of 3,000 kilometres) undertaken throughout an area of approximately 600 square kilometres at the Tympuchikansky and Vakunaysky blocks (the Chonsky project) in Eastern Siberia

Rosneft flows hydrocarbons at Irkutsk licences

Submitted by Paddy Harris on 18th December 2014

18th December 2014

Commercial inflows of oil, gas and condensate have been acquired in four exploration wells on Rosneft’s licensed blocks, which were handed over to Verkhnechonskneftegaz for operational activities on geologic survey, exploration and production of hydrocarbon crude

Rosneft and Transeft ink tariff agreement for ESPO pipeline extension

Submitted by Paddy Harris on 17th December 2014

17th December 2014

Rosneft and Transneft have signed a long-term Tariff Agreement as part of their joint project to construct a pipeline offshoot from the East Siberia-Pacific Ocean (ESPO) trunk pipeline to the Komsomolsk Refinery

Gazprom blasts Yamal-401 communication satellite into orbit