Russia & FSU

News
April 19, 2019
Equinor and eight partners in the offshore Azeri Chirag Gunashli (ACG) oilfield in the Caspian Sea have made a $6 billion investment decision to build an additional platform in the license area.

News
April 17, 2019
Gazprom Neft subsidiary Gazpromneft-Zapolyarye has concluded long-term risk-based operator agreements with Gazprom PJSC subsidiaries, allowing the company to start developing Achimov strata at the Yamburgskoye oil and gas condensate field as well as oil-rim deposits at its parent company’s Pestsovoye and En-Yakhinskoye fields.

News
April 16, 2019
Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company), has announced that it has been awarded its first contract, with BP Exploration (Caspian Sea) Limited (BP).

News
April 15, 2019
Caspian Sunrise is pleased to update shareholders with developments at its flagship BNG Contract Area.

News
April 09, 2019
Weir Oil & Gas has announced the signing of a memorandum of understanding with Azerbaijan State Oil and Industry University (ASOIU), a non-profit public higher education institution founded in 1920.

News
April 08, 2019
UK-based crew transfer specialist High Speed Transfers (HST) has announced that its second vessel of Damen’s new FCS 2710 class will be contracted by Shell to support its exploration program in the Black Sea commencing March 2019.
News
April 08, 2019
About 1,500 mi from Moscow, the port of Sabetta on the Russian Arctic peninsula is the site of Russia’s most ambitious LNG project.

News
April 03, 2019
More than 30 Gazprom Neft research geologists and IBM Research Brazil machine-learning research scientists have come together for the first time to share their unique knowledge, experience and skills in a research project,

News
April 03, 2019
PJSC LUKOIL, the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea.

News
April 02, 2019
Lukoil continues to develop infrastructure in its Caspian Sea fields.
News
April 02, 2019
Russia fell short of its oil-output cut under the OPEC+ deal in March even as the country deepened its curbs.

News
March 29, 2019
Futures rose as much as 2.4% in New York on Friday before paring some of those gains. Russia deepened its output cuts and Energy Minister Alexander Novak said he will discuss their extension a day after it was reported Russia had been considering letting them lapse in September.

News
March 20, 2019
A ceremony was held In the Yamal-Nenets Autonomous Area to mark the launch of full-scale development of the Kharasaveyskoye field.
News
March 20, 2019
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to report that Total Drilled Depth ('TDD') has been reached at well 16a ('16a' or 'the well') at its West Rustavi field after the successful completion of horizontal sidetracking operations.
News
March 18, 2019
Gazprom Neft has concluded a tripartite Cooperation Agreement with Politecnico di Torino and the Peter the Great St. Petersburg Polytechnic University (Polytech) — the signatories to this document being Vladislav Baryshnikov, deputy CEO for international business development, Gazprom Neft; Vitaly Sergeev, vice-rector for research, the Peter the Great Polytechnic University; and Patrizia Lombardi, pro-rector, Politecnico di Torino.
News
March 14, 2019
Lukoil has reached another milestone with 10 million tonnes of oil supplied from its Vladimir Filanovsky field to the Caspian Pipeline Consortium (CPC) system.
News
March 11, 2019
Oil Gas Systems, LLC - a subsidiary of DTEK Oil & Gas - has purchased the special permit for subsurface exploration of the Svitankovo-Lohivskyi license site in eastern Ukraine for UAH 85 million ($3.17 million) at open auction.
News
March 07, 2019
During a meeting between Alexey Miller, Gazprom Management Committee, and Rainer Seele, chairman, OMV, the parties reviewed current issues related to the growth of natural gas exports to Austria.
News
March 05, 2019
Just as Venezuelan state-run oil company PDVSA was running out of an obscure product needed to thin out its crude and keep exports flowing in the wake of U.S. sanctions, Russia is coming to the rescue.
News
March 03, 2019
Russia’s oil producers cut their output deeper in February as the nation strives to implement an agreement with OPEC following criticism that it was moving too slowly.

News
February 27, 2019
The Gazprom Board of Directors expressed approval of the Company’s ongoing occupational, industrial and fire safety efforts and environmental protection measures.


