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Shtokman may be developed by the next generation

Shtokman may be developed by the next generation

A new note of gloom about the possible Shtokman gas development has emerged from Russia.

[Read more ] • 03.06.2013

Statoil reconsiders Shtokman

Statoil reconsiders Shtokman

Statoil appears to be considering a possible re-entry to the giant Shtokman gas development in the Barents Sea – if a lower cost development solution can be found.

[Read more ] • 16.04.2013

Technip to tackle Yamal LNG

Technip to tackle Yamal LNG

Technip has secured a deal to engineer a Russian LNG plant.

[Read more ] • 03.04.2013

BP and Rosneft ink TNK deal

BP and Rosneft ink TNK deal

Russia's Rosneft and BP have signed deals which enact the agreement for BP to sell off its half share in TNK-BP.

[Read more ] • 23.11.2012

Total and Gazprom restart Shtokman talks

Total and Gazprom restart Shtokman talks

Total and Gazprom are said to be talking about putting new life into the potential development of the Barents Sea Shtokman field.

[Read more ] • 02.04.2013

Gazprom moves into North Sea

Gazprom moves into North Sea

Gazprom is moving into offshore fields owned by Wintershall in the North Sea including the UK, the Netherlands and Denmark as part of an asset swap deal.

[Read more ] • 15.11.2012

Hess sale in Russia

Hess sale in Russia

Hess has decided to withdraw from a Russian onshore subsidiary which is producing 50,000 boe/d in the Volga-Urals region.

[Read more ] • 13.11.2012

Engineers model new Russian gas compressor

Engineers model new Russian gas compressor

Wood Group engineers have been selected to provide design work on a new compression station which will bring Russian gas into Europe via the Nord Stream pipeline.

[Read more ] • 19.09.2012

Shtokman could be back up and running

Shtokman could be back up and running

There is a suggestion that the giant Shtokman gas project is up an running again with front end engineering and design underway.

[Read more ] • 17.12.2012

Gazprom confirms talks over new Shtokman partners

Gazprom confirms talks over new Shtokman partners

Gazprom has confirmed to Offshore.no/International that it is in talks to find new partners for the giant Barents Sea Shtokman development.

[Read more ] • 03.09.2012

We are working normally – Shtokman Development company

We are working normally – Shtokman Development company

Shtokman Development AG – the company set up by Russian and European partners to develop the giant Shtokman gas field in the Barents Sea says it is still working normally despite reports that the project has been deferred indefinitely.

[Read more ] • 31.08.2012

Shtokman on ice  - indefinitely

Shtokman on ice - indefinitely

Russia's giant Shtokman gas development appears to have been put on ice indefinitely according to a Russian media outlet.

[Read more ] • 30.08.2012

ExxonMobil and Rosneft tie-up for Arctic

ExxonMobil and Rosneft tie-up for Arctic

ExxonMobil has inked two agreements with Rosneft covering exploration for Arctic oil and gas.

[Read more ] • 07.12.2012

Statoil signs four Russian SOAs

Statoil signs four Russian SOAs

Statoil and Rosneft have cemented their joint exploration plans offshore Russia by signing an agreement for joint exploration ventures covering four territories.

[Read more ] • 30.08.2012

Rosneft commences talks over TNK BP sale

Rosneft commences talks over TNK BP sale

Russia's Rosneft has indicated it would be interested in buying up any stake in the TNK BP joint venture to be sold by BP and the two companies have started talks over a potential deal.

[Read more ] • 24.07.2012

Shtokman share out due by autumn

Shtokman share out due by autumn

Gazprom chief executive Alexei Miller has said a new partnership agreement for the Shtokman development could be finalised by the autumn of this year.

[Read more ] • 16.07.2012

New Arctic platform study

New Arctic platform study

ExxonMobil is pressing ahead with plans for further Arctic exploration by awarding a contract for a shallow water drilling platform to a Russian construction group in partnership with Russia's Rosneft.

[Read more ] • 07.09.2012

Medvedev warns of Shtokman changes

Medvedev warns of Shtokman changes

Members of the group leading the development of Russia's Barents Sea Shtokman field will change according a media report.

[Read more ] • 26.06.2012

More bad news for Shtokman

More downbeat news has emerged about the Barents Sea Shtokman project with a report that all the joint venture company's staff have been dismissed.

[Read more ] • 20.06.2012

Rosneft and ExxonMobil partner on ice

Russian giant Rosneft and ExxonMobil are to take a two-strand approach to tapping oil reserves – by tackling tight oil and establishing an Arctic design centre.

[Read more ] • 18.06.2012

Statoil still seeking a Shtokman solution

Statoil still seeking a Shtokman solution

Statoil is seeking a solution which will allow the company to participate.

[Read more ] • 09.08.2012

BP considers Russian sale

BP is looking at selling out of its Russian subsidiary TNK BP which has caused the company so much controversy in the past

[Read more ] • 01.06.2012

Shell may join Shtokman party – and Statoil may leave

Reports are circulating that Shell could be invited to join in the Shtokman LNG development after slow progress so far and calls for a better tax deal from Total and Statoil.

[Read more ] • 28.05.2012

JKX extends Russian holdings

East European explorer JKX has been awarded a new Russian licence which extends a known oil field where it plans to pursue development.

[Read more ] • 15.05.2012

Construction for Shtokman to start

Construction for Shtokman to start

A promise has been made by a senior Russian official that construction will start for the Shtokman project next year.

[Read more ] • 08.11.2011

Exxon Rosneft implement offshore JV

Russia’s Rosneft and ExxonMobil have inked agreements to implement a strategic co-operation agreement to cover work together offshore in the Black Sea and the Arctic Kara Sea.

[Read more ] • 17.04.2012

Tax break break on Shtokman mooted

Russia's energy minister Sergei Shmatko has indicated tax breaks will be granted to offshore field developments as long as they generate high enough profits which could mean a deal is on the way for the Shtokman development.

[Read more ] • 02.04.2012

Gazprom signals US $24.7 bn spend for 2012

Gazprom's board of directors has given a green light to a 2012 investment programme totalling a huge RUB 776.648 billion (US $24.725 bn) and Shtokman is among the projects allocated future spending.

[Read more ] • 22.12.2011

Tax deal unlikely for Shtokman before FID

Partners in the Shtokman gas development - Gazprom Statoil and Total - are unlikely to see  a better tax deal from the Russian government before making a final investment decision on the field.

[Read more ] • 29.11.2011

Tax deal plea for Shtokman

A senior Statoil official in Russia has signalled his view that a better tax deal is necessary before a final investment decision for the Shtokman field is made.

[Read more ] • 07.11.2011

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