On the 14-16 October, the 5th biennial edition of SPE Russian Oil & Gas, Exploration and Production Technical Conference and Exhibition will be taking place at the All-Russian Exhibition Center in Moscow. The organizers are expecting a total…
Rosneft reported today that the Arctic Research and Design Center (ARDC) has completed its 2014 winter ice field studies, the largest expedition in the Arctic Ocean. The ARDC is a joint venture of Rosneft and ExxonMobil, supported by the…
OAO Yamal LNG closed on a contract to supply China National Petroleum Corporation (CNPC) 3mtpa LNG annually for 20 years from the Yamal LNG project in the Russian Arctic, according to Yamal LNG majority shareholder OAO Novatek. CNPC bought…
JSC Yamal LNG awarded Technip a major engineering, procurement and construction for the 16 mtpa-capacity Yamal LNG project in Russia, the French company announced 15 May 2014. Technip said it has been involved in planning, engineering and…
The Arctic Research and Design Center, a joint venture between Rosneft and ExxonMobil, has started its Kara-Winter 2014 Expedition to assess ice conditions in the Laptev, Kara, and East-Siberian Seas. The expedition, which has support…
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 needs to re-focus investment from easier conventional onshore projects to more difficult and expensive tight oil, LNG and Arctic developments to maintain production in the longer-term, according to industry analysts Wood Mackenzie…
More needs to be done to develop Russian subsea production capabilities in order to develop hydrocarbon resources in Russia’s arctic seas, SPE Arctic & Extreme heard in Moscow yesterday. According Gazprom, there is an estimated 21-46Billion tons of oil and 36…
GE Oil & Gas won a contract to provide turbomachinery equipment for the Yamal liquefied natural gas (LNG) megaproject under development on the Yamal Peninsula in Russia’s northern Siberia region. GE will supply six Frame 7E gas turbines…
Bureau Veritas (BV) has responded to demand for safe LNG transportation in the Arctic regions by developing new, high-level tools to assess cargo sloshing in ice conditions. It has also developed a cutting-edge probabilistic method for assessing…
Siemens will deliver the key components for a power station that is going to supply the future Yamal LNG production plant in Northern Russia with electricity and heat. The Siemens scope of supply comprises the design, manufacture, factory testing…
Interest in the North is strong and growing among international actors— Kåre Storvik gives his views on business in the area. Oil companies, supply companies, and service providers to the oil industry are either in place or on their way to the North— to Arctic Europe-to the new…
The offshore market is becoming of increasing importance to Finnish suppliers, partly because of the current downturn in traditional shipbuilding orders. Finnish companies have a wealth of offshore-related niche expertise from ice management to automatic welding for shipyards…
The Gazprom Management Committee took note of the progress with the program for hydrocarbon resources exploitation on the Russian Federation shelf until 2030. It was mentioned that the Russian continental shelf was a region of the company's strategic interest…
In Warsaw, a working meeting was held between Deputy Chairman of Gazprom's Management Committee Alexander Medvedev and President of the Management Board of PGNiG SA Grażyna Piotrowska-Oliwa. The meeting resulted in an agreement to adjust prices in the natural gas supply contract to Poland…
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