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Archive for October, 2007

India eyes Sakhalin-III role

India plans to pitch for projects in the Russian Far East during a visit by Indian Petroleum and Natural Gas Minister Murli Deora, news reports said.
The Web site of state-run broadcaster Doordarshan reported Monday that Deora, during a visit to Moscow later this month, will make a pitch for Indian firms' participation in future Sakhalin [...]

Tuesday, October 16th, 2007

Body of last sailor from sunken barge found off Sakhalin

Rescuers have found the body of the last of five crew members of a barge that went missing off Sakhalin's coast in Russia's Far East, a local emergencies spokeswoman said Monday.
"Rescuers found the man's body in the sea 300 meters from the village of Rybnoye," she said.

Monday, October 15th, 2007

Prosafe wins order worth 67 mln usd from Sakhalin Energy

Norwegian oil services group group Prosafe SE said it has won an order worth 67 mln usd to supply rig accommodation to Sakhalin Energy.
Prosafe said it would provide its Safe Astoria accommodation support rig to offshore Sakhalin Island in Russia.
Operations will start in May 2008, Prosafe said in a statement.

Saturday, October 13th, 2007

Gazprom Will not Have to Seek Financing for Sakhalin II Project Independently

Sakhalin Energy operator is negotiating to borrow up to 6 billion USD in loans from foreign state and commercial banks, the Kommersant - Far East newspaper reports. This is the amount the Company needs to accomplish the second stage of the Sakhalin II project. The total amount of investment is approved at 19.4 billion USD.
Among [...]

Saturday, October 13th, 2007

Sakhalin II operator’s Russian contracts exceed $10 bln

Sakhalin Energy, the operator of the Sakhalin II oil and gas project in Russia's Far East, said on Thursday it has so far signed $10 billion worth of contracts with Russian companies under the project.
Although Russian contractors largely contribute materials, equipment and man-hours to the project, "Sakhalin Energy is also seeking to increase as [...]

Friday, October 12th, 2007

The Governor of Sakhalin Area Solves Problems of Island Power Engineering

The Governor Alexander Khoroshavin met the Chairman of RJSC "UES of Russia" Anatoliy Chubais. Prospects of development of the island power engineering were discussed at the meeting. In particular, problems of gasification of the heat and power plant - 1 (HPP-1), tariff policy of OJSC "Sakhalinenergo" were examined, work of Nogliki hydro-thermal power station was [...]

Friday, October 12th, 2007

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