Gazprom, a Russian state-run energy company, plans to acquire imported subsea equipment needed for the development of its Yuzhno-Kirinskoye gas field on the Sakhalin Island continental shelf. According to Vsevolod Cherepanov, Gazprom’s board member, in 2019 the company plans to install imported flowing wellhead equipment (so-called ‘christmas tree’) onto four offshore wells. The drilling will … Continue reading Gazprom plans to acquire imported subsea equipment despite the U.S. sectoral sanctions
Vladimir Putin appoints new members of the government responsible for oil and gas regulation
On 18 May 2018 Russian president Vladimir Putin signed a decree approving new structure and composition of the Government of the Russian Federation. The new government structure was proposed to the president by Dmitry Medvedev who was re-appointed as a Prime Minister on 8 May. There were several changes to the Russian Government composition that … Continue reading Vladimir Putin appoints new members of the government responsible for oil and gas regulation
Russian Government would allow acquisition of up to 49% of EDC by Schlumberger
The Government Commission on Foreign Investments Monitoring has agreed to grant Schlumberger permission to acquire a blocking stake in the largest Russian oilfield service company Eurasia Drilling Company (EDC), said Igor Artemyev, head of the Federal Antimonopoly Service (FAS) of the Russian Federation. Schlumberger is allowed to buy up to 49% of EDC, while the … Continue reading Russian Government would allow acquisition of up to 49% of EDC by Schlumberger
The Eurasian Links 