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Russia's President Vladimir Putin inaugurated first oil from the Vladimir Filanovsky field in the Caspian Sea yesterday (31 October). The…
Wednesday, 26 October 2016 08:01

Russia, Norway exchange Barents seismic data

The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement…
Thursday, 06 October 2016 10:18

Cold comfort

While it seems most Arctic exploration activity has slowed, it really depends on where you look. Bruce McMichael reports. Gazprom…
Published in OE: 2016 / October
Saturday, 01 October 2016 00:00

Keeping up with Arctic regulations

Jerry Lee looks into Arctic-rated safety equipment that seeks to make it eaiser to comply with regulations around the globe.…
Published in OE: 2016 / October
Thursday, 22 September 2016 14:28

Gazprom finds new Sea of Okhotsk field

Russia's Gazprom has made a discovery on the Kirinsky block in the Sea of Okhotsk.  The firm was drilling an…
Thursday, 22 September 2016 09:21

Topaz orders two more Vard vessels

Vard Holdings secured a contract worth about US$40 million for the design and construction of two additional module carrier vessels…
Monday, 12 September 2016 06:33

New Russian arctic exploration on hold

The Russian government is temporarily banning new licenses for offshore field development on the Russian Arctic shelf, the Minister of…
Thursday, 11 August 2016 03:54

Rosneft makes Vietnam discovery

Russia's Rosneft has made a gas condensate discovery named Wild Orchid offshore Vietnam. The well was drilled using the Hakuryu-5…
Wednesday, 10 August 2016 04:09

Gazprom adds new wells at Prirazlomnoye

Gazpromneft has brought a further two production wells (its third and fourth) into production at the Prirazlomnoye field in the…
Friday, 05 August 2016 10:14

Lukoil in Filanovsky jacket move

Russia’s Lukoil is moving the jackets for the offshore ice-resistant stationary platform #2 from the port of Astrakhan to the…
Wednesday, 20 July 2016 03:29

Lukoil takes on Bumi ice-class vessels

Russia's LUKOIL-Nizhnevolzhskneft has taken into service, from contractor Bumi Armada Berhad, three ice-class vessels for use on its Vladimir Filanovsky…
A new independent estimate of world oil reserves has been released by Rystad Energy, showing that the US now holds…
Published in OE Press: 2016 / July
Friday, 24 June 2016 11:25

Gazprom Neft, IBM sign IT memorandum

Gazprom Neft has signed a memorandum of cooperation with IBM at this year’s St Petersburg International Economic Forum covering the…
Lukoil has commenced drilling operations at the Vladimir Filanovsky field in the Caspian Sea. The well is being drilled from…
Published in OE Press: 2016 / June
Global upstream capital spending from 2015 out to 2020 has been reduced by 22% or US$740 billion, however, when cuts…
Published in OE Press: 2016 / June