Posts Tagged ‘Novatek’

ExxonMobil and Rosneft start pre-studies on Sakhalin LNG project

CB&I and Foster Wheeler in competitive pre-FEED The two super giant companies Rosneft from Russia and ExxonMobil from USA have awarded contracts to the engineering companies CB&I and Foster Wheeler Energy from USA to perform the first phase of the front end engineering and design (pre-FEED) for their joined project […]

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One Day – One Country: Russia

Russia Key Projects and Business Highlights In acquiring TNK from BP, Rosneft became this first half 2013 the world largest oil & gas and petrochemical company, ahead of ExxonMobil or China National Petroleum Corporation (CNPC or PetroChina) in term of revenues, thus sending the signal that Russia intends to stay […]

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Rosneft and ExxonMobil to team up on $15 billion Sakhalin LNG project

Rosneft and ExxonMobil to export LNG from Russia During a visit in April on the Sakhalin-1 facilities, Rosneft Chief Executive Officer Victor Sechin announced his intention to export liquefied natural gas (LNG) from Russia in joint venture with his partner ExxonMobil in Sakhalin-1 on the far east of Russia. Mr […]

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Novatek and Total to implement Russia Yamal project on fast track

Technip and JGC win Yamal LNG EPC contract The Russian Novatek and the international oil company (IOC) Total from France have selected, through their joint venture JSC Yamal LNG, the consortium made of Technip from France and JGC from Japan to build the liquefied natural gas (LNG) plant of their […]

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Cyprus awards offshore licenses on Aphrodite gas field

Eni, Total, Kogas and Novatek win exploration blocks On October 30th, Cyprus announced to award four permits out of the second licensing round initiated by the Cyprus Government in February 2012. For this second licensing round, Cyprus offered 12 blocks for auction to oil and gas companies to bid until […]

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Gazprom and Novatek signed Memorandum on Yamal

Gazprom and Novatek to boost Yamal giant fields development  The Yamal Peninsula and the near by Gydan Peninsula concentrate among the biggest reserves of natural gas and condensate in the world. The exploration of the Yamal Peninsula and offshore area around has disclosed 11 natural gas  and 15 oil, natural gas  and condensate fields with […]

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Sibur awards FEED contracts for ZapSibNeftekhim olefin in Tobolsk

Sibur kicks off Russian largest petrochemical complex If Russia is among the biggest producer and exporter of oil and gas, Russia is also a net importer of petrochemical products. In the same way as Russia has multiplied strategic alliances with western companies, such as ExxonMobil, Statoil, ENI, Total to boost its […]

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Gazprom, Total and Statoil redefine Shtokman and partnership

Gazprom brings Shtokman back to square one Shtokman field was discovered in 1988, and is located 550 kilometers offshore northern Russian coast by 340 meters water depth. The recoverable reserves are estimated to 3.9 trillion cubic meters of natural gas. The project development is planned in three phases, each one […]

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Novatek and Total Yamal LNG in good progress

EDF reported to join Novatek and Total in Yamal LNG EDF may join OAO Novatek (Novatek) and Total in Yamal LNG since the project has been declared of national interest by the Russian authorities for fast-track implementation. Russia is now willing to boost its oil and gas exploration and production […]

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