Latest Sakhalin Stories

ST. HELIER, Jersey, Feb. 11, 2013 /CNW/ - EastSiberian Plc ("EastSiberian " or the "Corporation"), an international junior oil exploration company incorporated in the Bailiwick of Jersey, is pleased to announce that the NI51-101 Reserve Report (the "Reserve Report") on the licences within the previously announced Farm-in Agreement with East Siberian Resources Ltd. ("ESR") has been completed by DeGolyer & MacNaughton and submitted to the TSX Venture Exchange (the "TSXV"). Title...

ORLANDO, Fla., July 19, 2011 /PRNewswire/ -- UNR Holdings, Inc. (OTCBB: UNRH) ("UNR" or the "Company"), a housing and commercial construction company which also provides infrastructure construction services for government oil and gas projects in Russia, today announced that from the beginning of the year it signed multiple contracts Gazprom subsidiaries in amount of ~ 8.7 million USD. The Company has collected $7,142,587 on the delivered material to date. The Sahalon...

Delegates meeting at the International Whaling Commission (IWC) conference in the Channel Islands warn that oil and gas exploration in the Russian Far East continues to threaten the livelihood of the critically endangered gray whale that spends its summer feeding along Sakhalin Island, according to a recent BBC News report. IWC scientists say that companies using seismic guns to find oil and gas in the area are taking steps to reduce impact, but they said those companies need to do more to...

HOUSTON, Feb. 22, 2011 /PRNewswire/ -- Parker Drilling (NYSE: PKD), operator of the Yastreb land drilling rig for customer Exxon Neftegas Limited (ENL), announced today that it has provided operations services for drilling the world's longest well, Odoptu OP-11, from Sakhalin Island, Russia. The Odoptu OP-11 well reached a total measured depth of 40,502 feet (7.67 miles) to set a world record for extended-reach drilling (ERD). The Odoptu OP-11 also set a world record with a horizontal...

Platform's construction could threaten future of sub-species Washington, D.C. (Vocus/PRWEB) January 17, 2011 Sakhalin Energy Investment Company "“ part owned by Shell "“ has announced plans to build a major oil platform near crucial feeding habitat of the Western North Pacific gray whale population in the Russian Far East. Only around 130 whales of the critically endangered Western population exist today, and their primary feeding habitat "“ off Sakhalin Island "“ is already...

Sakhalin Energy Investment Company "“ part owned by Shell "“ has announced plans to build a major oil platform near crucial feeding habitat of the Western North Pacific gray whale population.Only around 130 whales of the critically endangered Western population exist today, and their primary feeding habitat "“ off Sakhalin Island in the Russian Far East "“ is already besieged by multiple oil and gas exploration and development projects.The construction and operation of an additional...

Russian oil and gas company Rosneft is conducting oil and gas exploration work that may have caused the critically endangered western gray whale to flee its main feeding ground.Tests and offshore installment of equipment by Rosneft for a major seismic survey began in late August, despite repeated calls from 12 governments, NGOs, scientists and the public to postpone the survey because of potential risks to the whales.Rosneft started preparations for the survey last month near Sakhalin Island...

Conservation groups advocating the protection of critically endangered gray whales say they have cause to celebrate.After extended talks with Russian gas and oil companies, the groups say they have managed to win agreements from several firms to end seismic drilling work in order to give the struggling whales a chance to breed undisturbed.The energy companies' agreement to suspend work comes on the heels of recent research studies that demonstrated how their methods of extracting fossil fuels...

A 496-mile Russian oil and gas pipeline from the Sea of Okhotsk to Prigorodnoye is on line and has begun operations, an energy company official said. Marina Makarova, manager in charge of the pipeline at Sakhalin Energy Co., said the pipeline, which began filling with gas and oil Thursday, is scheduled to receive its first tanker for shipment by the end of the year, Itar-Tass reported. Within a month, it should be pumping oil from offshore deposits in the Sea of Okhotsk to Prigorodnoye,...

LONDON, Nov. 5 /PRNewswire/ -- Argus, the international energy price reporting agency, has launched daily price assessments for Vityaz and Sokol crude oil from Russia's Sakhalin island. Argus is the first price reporting service to offer daily assessments of Vityaz, whose output is expected to be around 90,000 b/d this year, rising to an expected plateau of 150,000 b/d from 2010. Vityaz is now sent by pipeline to the south of Sakhalin and can be exported without winter ice interruptions,...