Statoil

In 2019, AIOC to increase oil production at ACG block by 2%

Oil production at the Azeri-Chirag-Guneshli fields block (ACG) will be 30.9 million tons in 2019.

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Rosneft reissues license for North-Komsomolskoye field to its joint venture with Equinor

The Federal Agency on Subsoil Usage has reissued Rosneft’s license for geological study, exploration and extraction of minerals at the North-Komsomolsky subsoil site in the Yamal-Nenets auton

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Rosneft and Equinor to develop North-Komsomolskoye field together

The Russian Government has given a permission to Rosneft to transfer a license to the North-Komsomolsky subsoil site to its joint venture with Norwegian Equinor (former Statoil) – SevKomNefte

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Oil transportation via BTC in increased slightly in H1 2018

The volume of oil pumping through the Baku-Tbilisi-Ceyhan (BTC) pipeline in the first half of 2018 amounted to 16 million 552 thousand tons, which is 0.4% higher than the same period of 2017, Inter

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Russian Government extends Kharyaga production sharing agreement for 13 years more

On July 7, 2018, the Russian Prime Minister Dmitry Medvedev signed an order to extend the term of production sharing agreement on the Kharyaga field.

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Equinor to increase gas production at the main field of Europe

Norwegian Equinor (ex-Statoil) and the country’s Government have agreed to develop new deposits at the Troll gas field, which is now the largest in Europe.

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Foreign participants of production sharing agreement on Kharyaga to have to pay more

As the Kommersant has got to know, the Ministry of Energy is dissatisfied with the low royalty, which Russia receives from French Total and Norwegian Equinor (ex-Statoil) in the framework of the ag

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BP to deal with Rosneft, despite sanctions

British Petroleum is not going to follow the example of ExxonMobil and refuse joint exploration and development projects with Rosneft.

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Statoil to work with Rosneft on Arctic shelf instead of ExxonMobil

The withdrawal of ExxonMobil from joint drilling projects with Rosneft will not stop operations on the Arctic shelf of Russia, as a number of companies express their readiness to cooperate in this

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Oil production at the ACG block was conducted from 115 wells in 2017

Oil production at the Azeri-Chirag-Guneshli (ACG) block in 2017 was carried out from 115 production wells, the press service of the Azerbaijan International Operating Company (AIOC-operator for the

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