Yamal peninsula
Technip and JGC win Yamal LNG EPC contract The Russian Novatek and the international oil company (IOC) Total from France have selected, through their joint venture JSC Yamal LNG, the consortium made of Technip from France and JGC from Japan to build the liquefied natural gas (LNG) plant of their Yamal project. Located onshore, in […]
BP to focus on crude oil Exploration & Production UK major BP PLc (BP) is planning to increase its capital expenditure per year from $19 billion in 2011 and $22 billion in 2012 to $24 billion in 2014 and $27 billion by 2020. After Macondo blow and TNK-BP turbulences, BP is presenting its strategy to boost […]
Russia Key Projects and Business Highlights In 2012, the newly elected President Putin managed to re-shape its oil and gas and petrochemical industry with number of strategic decisions to ensure that Russia will remain the largest producer of oil and gas in the coming years. President Putin based its economic program for the next five years […]
Gazprom first LNG shipment from Norway to Japan Gazprom prepared and implemented successfully the first shipment of liquefied natural gas (LNG) through the freezing Northern Sea Route (NSR) around the North Pole from Norway to Japan. Leaving the Port of Hammersfet in Norway on November 9th, the Ob River LNG carrier reached the Port of Tobata […]
Gazprom pursues the strategic objective of establishing itself as a leader among global energy companies Home based in Russia, Gazprom is 50,002% state owned company, thus operating as a national oil and gas company. The other 50% shares are traded in Moscow, London, Berlin and Frankfurt stock exchanges in the form of American Depositary Receipts. On this floating […]
EDF reported to join Novatek and Total in Yamal LNG EDF may join OAO Novatek (Novatek) and Total in Yamal LNG since the project has been declared of national interest by the Russian authorities for fast-track implementation. Russia is now willing to boost its oil and gas exploration and production to compensate depleting fields and […]
