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Archive for August 6th, 2006

Sakhalin-3 prospecting gets under way

Participants of the Rosneft-led Sakhalin-3 project started to drill a first prospecting well on August 5, Rosneft's subsidiary CJSC Sakhalin Projects said in statement. The project participants are Rosneft (49.8 percent), Sinopec (25.1 percent) and Sakhalin Oil Company (25.1 percent). A member of the Sinopec group is using a Kantan-3 rig to drill the projected [...]

Sunday, August 6th, 2006

Russia will sue Shell to halt Sakhalin II works

Russia has said it will sue Royal Dutch Shell Plc to halt the development of oil and gas fields at Sakhalin Island because the $20bn project's pipelines may cause environmental damage.
The Natural Resources Ministry plans to sue the Shell-led group in a bid to overturn authorisations for developing the Piltun-Astokhskoye and Lunskoye fields, the ministry [...]

Sunday, August 6th, 2006

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