Statoil

Equinor invests in the Russian economy, despite sanctions

From 2014 to 2017, the Norwegian company invested more than $250 million in Russia.

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Equinor has purchased one third in a Rosneft’s subsidiary

The Norwegian Equinor (formerly, Statoil) closed a deal to buy a share at the level of 33.33% in the subsidiary of the Russian oil company Rosneft.

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Rosneft sells share in high-viscosity oil field in Siberia to Equinor

With a delay of several years, Rosneft has still managed to sell its stake in one of its large fields with hard-to-recover reserves.

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In spring of 2019, Equinor to start seismic survey at block of promising structures Ashrafi-Dan-Ulduzu-Aipara in the Caspian Sea

Norwegian company Equinor has planned to start seismic surveys on the block of promising structures of Ashrafi - Dan-Ulduzu-Aipara in the Azerbaijani sector of the Caspian Sea in mid-March 2019, it

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