From the Newsroom

Statoil Starts LNG Production from Snohvit

Statoil commenced production of liquefied natural gas (LNG) at the Hammerfest LNG plant, northern Norway, on 13 September. After five years of development, the most northerly gas liquefaction plant in the world has come on stream.

Nord Stream decided on Pipe Tender

Nord Stream has finalised the international tender to supply high-quality steel pipes for the first pipeline. The tender was awarded to EUROPIPE, the world’s largest pipe producer (Mülheim a.d. Ruhr, Germany), and to the Russian pipe mill OMK (Vyksa).

LUKOIL Chemical Group is going to increase output on its Stavrolen company

The Russian North Caspian hydrocarbon resources will be a supply base for the LUKOIL's petchem subsidiary in the south of Russia, especially on the Stavrolen plant.  

Tatneft and Shell to develop strategic partnership

On September 27, 2007 Tatneft and Shell Exploration Company B.V. concluded Agreement on Principles of Strategic Partnership.

TMK to Purchase TNK-ВР Service Assets

TMK Group, a largest oil and gas pipe producers in the world, has announced that it will acquire service assets from Russian oil and gas giant TNK–ВР.

KazMunaiGas announces oil discovery in the "Pearls” project

At the KIOGE-2007 Uzakbai Karabalin, head of KazMunaiGas, has announced of the new hydrocarbons discovered in the “Pearls” project.