Exxon, Rosneft establish ARC Rosneft and ExxonMobil signed agreements establishing a joint Arctic Research Center (ARC) in Russia and technology-sharing to support their joint ventures worldwide. ARC will provide research, development…
Rosneft annoucned today it has signed cooperation agreements with Norway's Statoil, Italy's Eni, and America's ExxonMobil. Statoil and Rosneft have made official their plans to explore for oil and gas offshore Russia. The two companies…
Large areas in the Kara Sea have been licensed to a consortium of Rosneft and ExxonMobil. Extensive seismic exploration was carried out last year and will continue this summer. Contractors are Schlumberger and Western Geco using Kirkenes and GAC and Henriksen Shipping…
Interest in the North is strong and growing among international actors— Kåre Storvik gives his views on business in the area. Oil companies, supply companies, and service providers to the oil industry are either in place or on their way to the North— to Arctic Europe-to the new…
Russia's Rosneft and North American supermajor ExxonMobil signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide…
ThoughtStream: Opinion Rosneft is the largest subsoil licenseholder in the Russian offshore. Total estimated recoverable resources under these licenses exceed 275 billion boe. The exploration program includes drilling 96 wells. I hope that the representatives of Halliburton…
GAC Norway AS and Polar Logistics Group APS (POLOG) have partnered to strengthen GAC’s network within the Arctic Circle. The move is the latest stage in the company’s strategy to better serve the Arctic region by bringing together organizations…
The Gazprom Management Committee took note of the progress with the program for hydrocarbon resources exploitation on the Russian Federation shelf until 2030. It was mentioned that the Russian continental shelf was a region of the company's strategic interest…
F.ExxonMobil and Rosneft signed an addendum to their 2011 strategic cooperation agreement extending ExxonMobil’s access to seven new exploration blocks in the Chukchi, Laptev, and Kara Seas, an area of about 600,000 sq km. Rosneft gained…
ExxonMobil and Rosneft signed a new pact last month, enabling ExxonMobil to gain seven new exploration blocks in the Chukchi, Laptev and Kara Seas, an area totaling 600,000 sq km. In turn, Rosneft will have the option to take 25% of ExxonMobil’s…
Rosneft pact grants Exxon 7 Arctic Sea blocksExxonMobil President Stephen Greenlee and Rosneft President Igor Sechin sign expanded cooperation agreementExxonMobil significantly boosted its presence in the Russian Arctic with new agreements with Russian partner Rosneft…
Photo: GazpromIcebreakers transfer LNG from Norway to JapanLNG Carrier ‘Ob River’ chartered by the Gazprom Marketing & Trading (GM&T) group, a wholly-owned subsidiary of OAO Gazprom, and operated by Dynagas (Greece), has successfully completed…
The latest addition to Tideway’s fallpipe vessel fleet was named Flintstone during a high-tech ceremony in Zeebrugge, Belgium, in July – but the vessel itself was 11,000km away in Singapore being readied for an inaugural assignment in Chinese waters…
Discovering Arctic EuropeResources and business conditions in Arctic Europe will be the subject of a mini-seminar during Offshore Europe organized by the cities of Aberdeen, Bodø and Kirkenes.A large new area became available when the delimitation…
Newly merged contractors Royal Boskalis Westminster and Smit Internationale got a foretaste of the operational synergies expected to stem from this move when their activities coincided earlier this year in the Strait of Magellan at the remote southernmost tip of Argentina…