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Archive for June 22nd, 2007

Audit chief: No need to review PSA terms on Sakhalin-1

The head of Russia's Audit Chamber said Thursday there is no need to revise production-sharing agreements on the Kharyaga oilfield in northern Russia or the Far East Sakhalin-1 natural gas project.
Sergei Stepashin said the top auditing body had completed a check into the current PSAs, and identified a number of violations related to implementation schedules [...]

Friday, June 22nd, 2007

Shell Sakhalin boss quits after email leaked

An executive from Royal Dutch Shell has resigned two weeks after a motivational email he wrote to staff on the Sakhalin-2 project in Russia was leaked to newspapers, a company spokesman said on Thursday.
"This is true," a Shell spokesman in Moscow said, without giving details.
David Greer, deputy chief executive of Sakhalin Energy, the consortium running [...]

Friday, June 22nd, 2007

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