Offshore shelf

Development of the Arctic shelf lags behind plans of state companies

The previously large-scale plans of state companies for the active development of the Arctic shelf are failing.

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Igor Sechin: it is necessary to give 2.6 trillion rubles of benefits to oil companies for development of the Arctic

Oil companies are ready to invest from 5 trillion to 8.5 trillion rubles in development of the Arctic. This requires tax incentives in the amount of 2.6 trillion rubles.

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KazMunayGas and Eni sign protocol of direct negotiations on Abai project

On July 4, 2019, within the framework of the Council of foreign investors, a trilateral meeting was held between the leadership of the Energy Ministry of Kazakhstan, KazMunayGas (KMG) and Eni.

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Russian companies to be able to develop Arctic shelf not very soon

Russian companies will be able to start developing the Arctic shelf not very soon.

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License for Tsentralno-Pogranichny site in the Sea of Okhotsk to be given to Gazprom

In the conditions of the moratorium on the issuance of sites on the Arctic shelf of the Russian Federation, Gazprom is expanding its presence in the marine areas of Sakhalin.

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Gazpromneft constantly considers projects on foreign shelf, but for a while concentrates on Russian shelf

The discovery of new offshore fields prompted Gazpromneft to actively look for partners on the shelf, a member of the company’s Board, deputy general director for development of offshore proj

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Russia not to receive Arctic shelf without achieving agreement with Canada and Denmark

Russia, Canada and Denmark will have to agree on disputed zones in their applications for expansion of the continental shelf in the Arctic.

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Ministry of Development of Far East and Arctic proposes to reduce taxes for investment projects in Arctic

The Ministry of Development of the Far East and the Arctic has submitted for public discussion the option of preferences for projects in the Arctic.

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Rosneft again starts drilling on Vietnamese shelf

Rosneft has resumed drilling on the Vietnamese continental shelf.

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