Offshore shelf

TMK becomes the best supplier of pipe products for the oil and gas shelf for the fourth consecutive year

TMK Pipe Metallurgical Company for the fourth year in a row becomes the best in the ranking of suppliers of industrial products and services for the development of the oil and gas shelf in the grou

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Oil production on Russian shelf to grow by 16.6% in 2017

In 2017, hydrocarbon production on the Russian shelf will make up 26 million tons. This was reported by the Energy Ministry of the Russian Federation on December 14, 2017.

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Prolongation of production sharing agreement for Sakhlin-1 for 30 years has been discussed, but decision to be made by Ministry of Finance

Extension of production sharing agreement for the Sakhalin-1 project for 30 years has been discussed, but the final decision should be taken by the Ministry of Finance, the Russian Ministry of Ener

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Rosneft and DEA intend to work on Norwegian shelf

RN Nordic Oil (subsidiary of Rosneft) and DEA Norge (owned by Mikhail Fridman) among 11 companies have applied for licenses for sites on the Norwegian shelf, the Norwegian Petroleum Directorate rep

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Rosneft conducts meetings with its Italian partners on project of drilling in the Black Sea

A working group of Rosneft, responsible for the implementation of an exploratory drilling project at the section of West-Black Sea area in the Black Sea waters, headed by the company's head Igo

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Russia to offer technology of hydrocarbons offshore production to the UAE

Russia is ready to offer the United Arab Emirates a unique technology for the extraction of hydrocarbons on the shelf.

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Russia to eliminate limit terms of preferential regime for shelf projects because of sanctions

The State Duma Committee on Budget and Taxes has supported the amendment of the Government of the Russian Federation to the Tax Code, which removes the deadlines for the introduction of preferentia

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Putin: banned Exxon from working in the Russian Arctic, the USA did much harm to itself

US sanctions, which don’t allow ExxonMobil to implement projects in the Russian Arctic, mostly harm just the US economy.

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Russia offers its technologies in the field of offshore extraction to Mexico

According to the head of the Ministry of Industry and Trade Denis Manturov, Russia has offered Mexico its technologies in the field of offshore hydrocarbon production.

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Share of imported equipment and technologies in Russian Arctic shelf to reduce to 50% by 2025

The share of imported equipment and technologies on the Arctic shelf will decrease to 50%, said the Deputy Minister of Industry and Trade of the Russian Federation Vasily Osmakov at the internation

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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