Nord Stream celebrates having transported 100 billion cubic metres of Russian natural gas to the European Union. The pipeline’s transport capacity of 55 bcm per year can provide more than 10 percent of the current gas demand in the EU, making Nord Stream a key part of the European supply infrastructure.
OAO NOVATEK (“NOVATEK” or the “Company”) announced the results of its Board of Directors (“the Board”) meeting. Alexander Natalenko was elected Chairman of the Board and the members of the three Board committees were elected.
Eni won with a 100% share a PSC to appraise, develop and exploit the oil fields of Amoca, Miztón e Tecoalli, located in the Campeche Bay, offshore Mexico. The combined oil volumes in place for the 3 fields are approximately 800 million barrels of oil and 480 billion cubic feet of associated gas.
OAO NOVATEK and NLMK Group signed five-year natural gas supply contracts. The contracts envisage overall supply of 2.8 billion cubic meters of natural gas per annum starting from 1 January 2016 and fully cover the needs of all Russian entities of NLMK.
09/18/2015Johan Sverdrup contract awarded to FMC Technologies
On behalf of the Johan Sverdrup partnership, Statoil has awarded an EPC contract for subsea equipment for the Johan Sverdrup project to FMC Kongsberg Subsea AS. The contract involves establishment of a new and cost efficient standard for subsea equipment.
Statoil and its partners this week put the first subsea gas compression facility on line at Åsgard in the Norwegian Sea. Subsea compression will add some 306 million barrels of oil equivalent to total output over the field’s life .
Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to ABB AB in Sweden for fabrication and installation of two high-voltage cables supplying power from shore to the Johan Sverdrup field.
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