Novatek Wins New Russian Licences

Shailaja A. Lakshmi
Friday, May 24, 2019

Independent Russian gas producer Novatek and LNG operator Novatek has secured the right to explore on the Krasnoyarsk Territory.

Russia’s largest LNG producer said in a press release that it has obtained five new licenses on the Krasnoyarsk Territory located in close proximity to its existing licenses on the Gydan Peninsula.

Novatek -Yurkharovneftegas obtained the right for geological survey licenses for the Khalmeryahskiy, Dorofeevskiy and West-Dorofeevskiy subsoil areas, while Novatek -Tarkosaleneftegas obtained the right for geological survey licenses for the South-Khalmeryahskiy and South-Dorofeevskiy subsoil areas.

The acquisition of five new licenses is in line with the Company’s strategy to expand its resource base on the Yamal and Gydan peninsulas and increase natural gas and liquid hydrocarbon production.

Categories: Oil Gas Exploration Regulation

Related Stories

Flare Gas Recovery Meets the Future

Subsea Redesign Underway for Floating Offshore Wind

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Seatrium Delivers Fifth Jack-Up to Borr Drilling

India Defends Propping Up Russian Oil - Prices "would have hit the roof"

Floating Wind and the Taming of Subsea Spaghetti

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

CNOOC Starts Production at Another Oil Field in South China Sea

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

Petronas to Proceed with South China Sea Oil and Gas Exploration

Current News

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Japan's Japex Shifts Back to Oil and Gas Investments

Tokyo Gas Enters LNG Market in Philippines

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com