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

Oil Rises 2% as Middle East Hostilities Escalate

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Oil Surges 3% on Renewed US-Iran Strikes

Oil Climbs on US-Iran Deal Uncertainty

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

TotalEnergies Sells Malaysia Offshore Gas Field Stake to Inpex

Current News

Oil Rises 2% as Middle East Hostilities Escalate

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Oil Surges to Four-Week High as US-Iran Trade Blows

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Noble Gets $136M Brunei Drillship Job

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Oil Jumps 3% on Renewed US-Iran Conflict

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