Rosneft and ExxonMobil joint venture company Karmorneftegaz began drilling of Universitetskaya-1, the Russian Federation's northernmost well using the West Alpha rig. The start of the drilling was launched by Russian President Vladimir Putin during a teleconference with head of Rosneft Igor Sechin and head of ExxonMobil Russia Glenn Waller who were both present in the Kara Sea.
Schlumberger Norway has been awarded a contract with Statoil to provide integrated drilling services for the Norwegian continental shelf licenses Gullfaks, Gullfaks Satellites, Snorre, Statfjord , Tordis/Vigdis, Visund.
Ukraine may legally require that natural gas importers purchase a certain amount from Europe, Naftogaz Ukrainy chief Andriy Kobolev said.
Russia’s Yamal LNG project and construction of the Port of Sabetta are on track despite Western sanctions, head of project operator Novatek says.
Gazprom has been awarded the license to the Kheysovsky without tender, Barents Obsever reports. The company is paying 1,07 billion roubles for the license, a press release from the government reads. The Kheysovsky is estimated to hold more than two trillion cubic meters of gas, 394 million tons of oil equivalents and 32 million tons of condensate.
Gazprom Marketing & Trading (GM&T) and Sakhalin Energy Investment Company Ltd.
ERHC Energy’s major 2D seismic acquisition on Kenyan Block 11 A has now been successfully completed. The seismic contractor, BGP, acquired seismic data over approximately 1,000 line km on behalf of ERHC and its operating partner, CEPSA Kenya Ltd.
Following recent events in the vicinity of the Kurdistan Region of Iraq (‘KRI’), Genel Energy plc can confirm that the Taq Taq and Tawke fields remain safe and secure.
Afren plc has taken the precautionary step to temporarily suspend operations at the Barda Rash field in light of heightened regional security related issues, the company reported in a news release.
China's crude imports fell 9% in July from a year ago, hitting the lowest daily level since March, after subdued demand growth had led to speculation earlier this year of stockpiling by the world's largest energy consumer.