Oil & Gas Production: Russia

Second well brought into production at Gazprom Neft Prirazlomnoye field

Gazprom Neft has brought its second well into production at the Prirazlomnoye field, with output totaling 1,800 metric tons/d (1,984 tons/d).

Lukoil secures loan for Shah Deniz commitments

Lukoil has signed a 12-year credit-facility agreement with a consortium of banks to borrow $1 billion to fund its share of the Shah Deniz Stage 2 development in the Azeri sector of the Caspian Sea.

Offshore eastern Russia field added to US sanctions list

The US has added Yuzhno-Kirinskove field offshore Russia in the Okhotsk Sea to a list of sanctions as a response to Russian activity in Ukraine.

Wintershall confirms intent to join Nord Stream II

Wintershall and Gazprom have signed a memorandum of intent to cooperate on construction of the Nord Stream II gas pipeline in the Baltic Sea.


Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

Fugro equipment monitoring Sakhalin platform integrity

Fugro has supplied a structural monitoring system to Exxon Neftegas, operator of the Sakhalin-1 consortium.

Russian majors sign Caspian gas accord

Gazprom has signed a contract under which Lukoil will supply gas from its fields in the northern Caspian Sea until 2024.

Rosneft reaches oil production milestone at Chayvo offshore eastern Russia

Rosneft has produced the one-millionth ton of crude oil from the northern tip of the Chayvo field offshore Sakhalin Island.

Turkey takes more gas via Black Sea pipeline

Gazprom says it exported 5.4 bcm (190 bcf) of gas to Turkey via the Blue Stream pipeline in the Black Sea during the first four months of 2015.

Arctic E&P activity on the rise

The potential of the offshore Arctic oil and gas market is substantial. While energy analyst Infield Systems suggests the region holds 136.6 Bboe in discovered offshore reserves, a United States Geological Survey report claims there could be another 346 Bboe left undiscovered.


Offshore Top 5 Projects - 2015

The editors of Offshore have made their choices for the winners of the Five Star Award – the top five offshore field development projects for 2015....

Exploring Shell’s FLNG technological advances and opportunities

As the offshore industry looks to develop remote and stranded natural gas fields, the use of floating liquefied natural (FLNG) vessels has become a...
Sponsored by

Assessing Mexico’s new offshore oil & gas exploration opportunities

When Mexico’s historic energy reform legislation became law on Dec. 21, 2013, it opened the country to foreign investment in its oil and gas sector...

Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...
Click to visit the Offshore Learning Center