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…
Citing unease over changing US regulations, ConocoPhillips opted to pause plans for its 2014 Alaska Chukchi Sea drilling program, the supermajor announced on 10 April 2013.Shell's oil spill response teams practice laying out nearly 600m (1,500ft)…
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…
Royal Dutch Shell plc announced it will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska…
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…
Delegates at the Arctic Technology Conference, held recently in Houston, examined the potential of the region to the oil & gas industry. Victor Schmidt and Nina Rach listened in.Two Russian icebreakers create a wide path for the LNG carrier…
The challenges of drilling in the Arctic have become so multifaceted it’s hard to know what position folks line up behind. If it were just the usual environmentalist vs oil companies – and that fight is perennial to be sure – things would be clearer…
Two years after Macondo, BP launched an all-out effort at OTC 2012 to demonstrate its commitment to safety and to its future in the Gulf of Mexico. Russell McCulley reports.Among the many legacies of the 2010 Deepwater Horizon blowout is what's…
A fit-for-purpose capping stack designed to cope with Alaska’s environmental extremes will play a key role in the US Bureau of Safety & Environmental Enforcement (BSEE)-compliant containment system Shell Exploration & Production has put together…
Technology is a key enabler for Shell, Matthias Bichsel, director of the supermajor’s Projects & Technology business, told a two-day briefing at the Rijswijk technology centre in The Hague this spring. Meg Chesshyre joined the tour of the company’s iScope…
The Macondo incident pushed oil spill response to the top of the environmental agenda. A recent contest let some innovative companies demonstrate spill response equipment – and for one of the event's technical advisors, Shell, to reassure the public that it intends to operate safely in Alaska…
Three Alaskan Beaufort Sea developments – BP Exploration (Alaska)'s Northstar, Pioneer --Natural Resources' Oooguruk and now Eni Petroleum's Nikaitchuq – have helped establish baseline experience for future arctic frontier pipelines. As well as demonstrating technical strides…
The oil & gas industry and analysts greeted President Obama’s offshore drilling plan as a step in the right direction. But subsequent events surrounding the Deepwater Horizon disaster (see Heavy losses in Horizon tragedy ) could complicate matters…
Offshore Arctic seismic exploration is not getting quite such a cold reception these days. Andrew McBarnet explains why.Frozen assets take on a whole new meaning when it comes to considering the purportedly huge oil and gas reserves in the Arctic Ocean region…