Gulf Oil and Gas accountACCOUNT

Gazprom, Total and StatoilHydro Create Shtokman Development Company for the Shtokman gas field

Source: www.gulfoilandgas.com 2/22/2008, Location: Asia

Share |
Gazprom,Total S.A., and StatoilHydro signed a Shareholder Agreement relating to the creation of Shtokman Development AG. Gazprom holds a 51% stake in Shtokman Development AG while Total holds 25% and StatoilHydro 24% shares. The company is registered in Switzerland.

Shtokman Development AG will be organizing the project engineering, development, construction, financing and exploitation of first phase facilities related to the development of the Shtokman field.

The partners also indicated that front end engineering design (FEED) on the project has commenced, and will be finished at the second half 2009 allowing a final investment decision to be made. Among other things, Russian and international subcontractors for FEED studies have already been identified and a site has been chosen for the technical and transportation complex near Teriberka in Murmansk Region.

Oil & Gas Companies News in Russia >>

Japan >>  6/19/2016 - Japanís crude oil imports dropped in April by 93 tb/d, or 3%, to average 3.5 mb/d. On an annual basis, crude imports were higher in April by 115 tb/d ...
Bangladesh >>  6/15/2016 - Yokogawa India, the subsidiary of Yokogawa Electric Corporation, has received an order from the Gas Transmission Company Limited (GTCL) to supply a mo...

Kazakhstan >>  6/12/2016 - Oil production in the OECD Asia Pacific region was seen to decrease by 50 tb/d in 2015 to average 0.46 mb/d, unchanged compared with the previous MOMR...
Iran >>  6/11/2016 - Iran is among the advanced producers of gas turbines needed for powerhouses, Irans Energy Minister Hamid Chitchian said. Speaking in parliament public...

India >>  6/6/2016 - Amec Foster Wheeler been awarded a contract by Indian Oil LNG Private Ltd. Co. (IOLPL) for the Liquefied Natural Gas (LNG) Terminal in Ennore, Tamil N...
Japan >>  6/1/2016 - Japanís crude oil imports rose in March from the previous month by 97 tb/d, or 3%, to average 3.6 mb/d, while on a y-o-y comparison, they showed a dro...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 |

Oil & Gas Projects in Russia >>

More News

 

Oil & Gas Companies in Russia >>


Related Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.