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Latest Sakhalin Stories

2008-08-26 03:00:51

By Johnston, Daniel This article relates the saga of the Sakhalin II project, one of the earliest of the Russian production sharing agreements. An offshore oil and gas field development in the Sea of Okhotsk off the eastern shore of Sakhalin Island, Russia, the Sakhalin II project embodies many of the key issues of the day in the former Soviet Union (FSU). It involves the Piltun-Astokhskoye and Lunskoye fields. Piltun-Astokhskoye is primarily an oil field; Lunskoye is primarily gas. The two...

2008-08-05 09:01:22

HOUSTON, Aug. 5 /PRNewswire-FirstCall/ -- Parker Drilling Company announced today a new contract to design the drilling package for the Sakhalin-1 Arkutun-Dagi offshore platform. The Arkutun-Dagi Field, offshore Sakhalin Island, Russia, is one of the three offshore fields to be developed by the Sakhalin-1 project, which when combined with the Chayvo and Odoptu fields has recoverable reserves of 2.3 billion barrels of oil and 17.1 trillion cubic feet of gas. All three fields are being...

2008-08-04 12:01:17

RUSSIA-focused oil company Imperial Energy Corp has received another approach for a possible cash offer for the company. "There can be no certainty that any offer will ultimately be made for the company or as to the terms on which any such offer might be made," the London-listed firm said in a statement. Earlier British media said China Petroleum & Chemical Corp, the Chinese state-owned company better known as Sinopec, had launched a bid for Imperial. Sinopec could not be...

2008-07-29 15:00:52

Excerpt from report by corporate-owned Russian news agency Interfax Moscow, 29 July: The Federal Antimonopoly Service of the Russian Federation (FAS [TZK in Russian]), which is investigating abuses in price determination by refuelling operators of Russian airports, has opened a case regarding the refuelling operator of the Moscow hub of Domodedovo and Sheremetyevo, the department's statement says. Cases regarding the TZK Sheremetyevo closed joint-stock company and the Domodedovo Dzhet...

2008-07-22 21:00:34

MOSCOW. July 22 (Interfax) - Rosneft (RTS: ROSN) has proposed that Gazprom (RTS: GAZP) take part in the Sakhalin-3 (Veninsky block), -4 and -5 projects. A Gazprom spokesman confirmed the information to Interfax. "Proposals from Rosneft have been received. No decision has been made," the spokesman said. Rosneft has not commented on the report. However a source at the company said he was aware that the oil company had made proposals to Gazprom. The participants in the Sakhalin-3...

2008-07-19 15:00:33

Gazprom will buy a 25 percent stake in Daltransgaz, a part owner of a natural gas pipeline in Russia's Far East, the Russian gas monopoly said Saturday. Gazprom will buy the Daltransgaz stake from Rosneft, the largest Russian government-owned crude producer, RIA Novosti reported. Gazprom Chief Executive Officer Alexei Miller and Rosneft chief Sergei Bogdanchikov recently signed a cooperation agreement, the Russian news agency reported. The acquisition will give Gazprom some access to...

2008-07-18 21:00:26

GORKI, Moscow Region. July 18 (Interfax) - Sakhalin-1, a consortium set up to locate and produce oil and natural gas on Russia's Sakhalin island and immediately offshore, will additionally sell 1.5 billion to 2 billion cubic meters of natural gas to Russian Far Eastern regions, Deputy Prime Minister Igor Sechin said on Friday. Russia's natural gas monopoly Gazprom (RTS: GAZP) and oil company Rosneft (RTS: ROSN) have signed an agreement on "interaction in the supply of gas for Far Eastern...

2008-07-14 21:00:28

MOSCOW. July 14 (Interfax) - Companies operating three oil projects in Russia under product-sharing agreements failed to ensure the planned level of oil production stipulated in the PSAs in 2007, the Audit Chamber said in a statement. An Audit Chamber session chaired by Chairman Sergei Stepashin in early July considered the results of inspections into the effectiveness of the government's activities in managing existing projects being carried out based on PSAs. The statement says that...

2008-07-13 15:00:24

After attending a conference on the future of Russia's oil and gas industry in Severodvinsk on 11 July, Aleksey Miller, head of Russia's energy giant Gazprom, held a news conference where he outlined the company's immediate and long-term projects and prospects. He told the journalists that "in the future, priority will be given to the domestic market. We will thoroughly plan extraction and transportation capacities to meet our consumers' demand," Interfax reported at 1700 gmt. Miller added...

2008-07-11 21:00:19

SEVERODVINSK. July 11 (Interfax) - Gazprom will start building the Sakhalin-Khabarovsk-Vladivostok gas pipeline next year, Gazporm CEO Alexei Miller told journalists following a conference dealing with the development of Russia's oil and gas sector in Severodvinsk on Friday. The conference participants addressed gas production in East Siberia and the Far East, Miller said. Gazprom is also considering the possibility of obtaining the operating rights for the state share of gas in the...


Latest Sakhalin Reference Libraries

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2009-09-29 13:59:10

Nipponosaurus, meaning "Japanese lizard", is a genus of hadrosaurid dinosaur from the Late Cretaceous Period (late Santonian - early Campanian age). It was discovered in 1934 during the construction of a hospital on Karafuto Prefecture (now Sinegorsk, Sakhalin, Russia). More material belonging to this specimen was recovered in the summer of 1937. Though the quality of bone preservation is poor, the skeleton is about 60% complete. It is still one of the most poorly understood lambeosaurine...

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