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Archive for the 'Sakhalin III Project'

Gazprom pushes for Sakhalin III license

Gazprom moved Friday for the government to waive competitive bidding procedures when issuing licenses to develop natural gas deposits, eyeing the Sakhalin III project in the Far East.
Alexander Ananenkov, a deputy chairman of the Russian energy giant's management committee, told a parliamentary commission: "We would like a law to be passed under which licenses would, [...]

Saturday, June 16th, 2007

Gazprom aims to become key oil and gas player on Sakhalin Island

Russian energy giant Gazprom said it aims to become a major oil and gas producer and distributor on Sakhalin Island in Russia's Far East.
Alexander Medvedev, deputy chairman of the Gazprom management committee, said Thursday the company was interested in buying the entire gas output under the Sakhalin I project.
The project, operated under a production-sharing agreement [...]

Friday, June 1st, 2007

OAO Rosneft increases stake in Sakhalin-3 project with Sinopec

State controlled Russian oil giant OAO Rosneft has taken a controlling stake in a joint venture with China's Sinopec to pump oil from the seabed around the Pacific island of Sakhalin.
Rosneft said in a statement posted on its Web site that the two companies signed an agreement on Monday that will see Rosneft's share in [...]

Friday, March 30th, 2007

Rosneft, Sinopec begin negotiations on setting up JV

The Russian and Chinese oil companies, Rosneft and Sinopec, has begun talks on setting up a joint venture on the Sakhalin Island.
The companies are members of the oil and gas offshore project Sakhalin-3.
In last year' summer, the Chinese sea platform Kantan-3 began drilling an exploration oil well off the Sakhalin coast and opened up promising [...]

Monday, March 26th, 2007

India: Incoherent policy guides oil hunt

More than one oil company bidding for same overseas assets.
Egypt: Prize Petroleum, the exploration arm of Hindustan Petroleum Corporation Ltd, the country's third largest refiner, is planning to bid for US-based Devon Energy's oil assets in the country. So is Oil India, the country's second largest exploration company.
Nigeria: IOC, the country's largest state-owned refiner, is [...]

Tuesday, March 13th, 2007

Japanese firms to enter talks with Gazprom

A group of Japanese companies, including trading houses and energy firms, plans to enter negotiations over a possible technical tie-up with Russia's state-owned natural gas monopoly OAO Gazprom, The Yomiuri Shimbun learned Friday.
According to sources, the companies are to initiate talks as early as next month over specific areas of cooperation, including natural gas refinement. [...]

Friday, February 23rd, 2007

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