Russia Offshore Regional Report

Drilling & Completion

GLOBAL E&P

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.

Bentec to supply drilling package for Caspian Sea platform

Nobel Oil has commissioned Bentec to build a drilling rig for offshore operations in the Azeri sector of the Caspian Sea.

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 Ge...

Field Development

GLOBAL E&P

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.

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 Ge...

ExxonMobil starts production at Arkutun-Dagi field offshore Sakhalin

ExxonMobil has started light oil production from the Sakhalin-1 project’s Arkutun-Dagi field offshore eastern Russia. This is the last of the three fields to be developed in the concession – the lo...

Subsea

Gazprom cancels South Stream pipeline deal with Saipem

After a year of project suspensions and delays, Gazprom has canceled its contract with Saipem to lay the first of four lines of the South Stream offshore gas pipeline under the Black Sea. 

South Stream Line 1 weight coating resumes

Europipe GmbH has lifted the suspension on concrete weight coating work for Line 1 of the South Stream pipeline. 

GSP vessel sails to Prirazlomonoye in Russian Arctic

Grup Servicii Petroliere (GSP) has mobilized its construction vessel GSP Falcon to the Pechora Sea off northwest Russia for a 30-day program for Gazprom Neft Shelf.

Geology & Geophysics

Rosneft outlines Russian Arctic investigations

Rosneft says its Kara-Winter-2015 scientific-exploratory program has been completed offshore northern Russia.

Gazprom to re-start drilling in Yuzhno-Kirinskoye area

Gazprom has outlined its main exploration goals this year on the Russian continental shelf.

UK, Russian pair form shallow-water seismic acquisition partnership

Aqua GeoProjects has formed an exclusive business agreement with YMG (Yumzmoregeologiya) in Gelendzhik near the Black Sea.

Pipeline & Transportation

Gazprom cancels South Stream pipeline deal with Saipem

After a year of project suspensions and delays, Gazprom has canceled its contract with Saipem to lay the first of four lines of the South Stream offshore gas pipeline under the Black Sea. 

Gazprom holds talks on Nord Stream II construction

Gazprom has held talks with OMV and Wintershall’s parent company BASF about the planned Nord Stream II project in the Baltic Sea.

Turkey approves Black Sea gas pipeline system surveys

Gazprom says Turkey has issued a permit on engineering surveys for the offshore section of the planned Turkish Stream gas pipeline system in the Black Sea.

Production

GLOBAL E&P

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.

Rigs/Vessels

Gazprom cancels South Stream pipeline deal with Saipem

After a year of project suspensions and delays, Gazprom has canceled its contract with Saipem to lay the first of four lines of the South Stream offshore gas pipeline under the Black Sea. 

Rosneft cancels jackup contract in Russian Arctic

North Atlantic Drilling Co. has received a cancellation notice for from Rosneft for use of Northern Offshore’s jackup Energy Endeavor.

Rosneft teams with Golar for potential FLNG studies

Rosneft has signed a memorandum of understanding with Golar LNG on cooperation in the area of liquefaction and transportation of natural gas.

Russia Offshore Oil & Gas News

GLOBAL E&P

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.

Gazprom cancels South Stream pipeline deal with Saipem

After a year of project suspensions and delays, Gazprom has canceled its contract with Saipem to lay the first of four lines of the South Stream offshore gas pipeline under the Black Sea. 
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