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Country summary: Russia

energy-pedia opportunities - Russia:
Current deals: 1
Licensing articles: 110
Completed deals: 107

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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Russia - recent news

20 Dec 23
Russia: OMV examines decree on OMV assets in Russia
According to current information, the Russian President has signed a decree regarding the Yuzhno-Russkoye field. According to this decree, OMV's shareholdings and its interests in the gas field are to be transferred to new Russian companies, with the proceeds from the transfer to be paid into a special account.
13 Sep 23
Russia: NOVATEK and Rosseti sign Agreement to supply power to the Murmansk LNG project
NOVATEK and Rosseti have signed a Strategic Partnership Agreement to supply power to the Murmansk LNG project. The Agreement will enable timely start of power supply to the Company’s prospective large-scale Murmansk LNG project, whose distinctive feature is the use of electric drives for process compressors instead of gas turbines.
14 Jun 23
Russia: PetroNeft Resources signs Heads of Terms for potential disposal of Licence 67
PetroNeft has entered into a non-binding conditional Heads of Terms to sell its entire interest in Lineynoye LLC, the subsidiary through which the Company holds its interest in Licence 67, to Pavel Tetyakov (CEO of PetroNeft) for a consideration of Rub 210million (US$2.56m at current exchange rates) plus the assumption of debt.
15 May 23
Russia: LUKOIL commissions the second stage of Kolskaya wind power plant
The second stage of the Kolskaya wind power plant (WPP), which is world's most powerful wind farm beyond the Arctic Circle, was launched May 12. The plant was constructed by PJSC EL5-Energo (part of LUKOIL Group). The target generation of the wind farm amounts to about 750 million kWh per year
12 Apr 23
Russia: Novatek to acquire Shell's stake in Sakhalin-2 for $1.16 bln
Russia's government is reported to have approved the sale of Shell's former 27.5% stake in the Sakhalin-2 energy project to Russian energy firm Novatek for 94.8 billion roubles ($1.16 billion).

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