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Archive for December 18th, 2006

Shell boss heads for Russia talks

The boss of Anglo-Dutch energy giant Shell is to fly to Moscow for talks with Russia's energy minister over a $22bn (?11bn) oil and gas project.
Jeroen van der Veer is expected to meet Viktor Khristenko later this week to discuss the Sakhalin-2 project.
Shell is widely expected to cede control of the venture to Russia's state-run [...]

Monday, December 18th, 2006

Shell to agree on turning over Sakhalin-2 shares to Gazprom

The British-Dutch Royal Dutch Shell is expected to reach agreement with Gazprom in the coming days on the turning over to it of a major part of its shares in the Sakhalin-2 oil and gas project, The Daily Telegraph of Britain reported on Monday.
According to the information of the newspaper, the agreement between Royal Dutch/Shell, [...]

Monday, December 18th, 2006

Sakhalin Island offshore services from BJ Services

BJ Tubular Services has been awarded a contract by KCA Deutag Drilling on behalf of Sakhalin Energy Investment Company to provide hammer conductor-driving services offshore from Sakhalin Island
BJ Tubular Services has been awarded a contract by KCA Deutag Drilling on behalf of Sakhalin Energy Investment Company (SEIC) to provide hammer conductor-driving services offshore from Sakhalin [...]

Monday, December 18th, 2006

Gazprom to Pay Cash, not Assets for Shell’s Stake in Sakhalin Project

Russian daily Kommersant reported on Monday, Dec. 18, quoting its sources, that natural gas monopoly Gazprom won't share its assets with Royal Dutch/Shell in exchange for a stake in Sakhalin Energy - operator of Sakhalin-2 project in Russia's Far East. Gazprom plans to pay for its participation in the project with money, the paper reported. [...]

Monday, December 18th, 2006

Russia rises on global oil demand

Russia has emerged as an unrivaled energy superpower in a world thirsty for oil and gas, but the country's recent moves to seize control of strategic parts of the energy industry have slowed growth in production and raised questions about the legal rights of investors and speed of future development.
The 10 percent annual growth in [...]

Monday, December 18th, 2006

Gazprom and Shell discuss Gazprom’s participation in Sakhalin 2

Today, on December 18, Gazprom CEO Alexei Miller had a work meeting with Shell CEO Jeroen van der Veer.
As REGNUM is told at Gazprom press office, the sides discussed Shell's proposals on participation of Gazprom in the Sakhalin 2 Project.

Monday, December 18th, 2006

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