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2015-04-07 20:15:00

GAZPROM & PETROVIETNAM ARCTIC COLLABORATION

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION

Further to its exclusive talks on possible cooperation, JSC Gazprom Neft and PetroVietnam have set October as a tentative deadline for prioritizing prospects and terms for their partnership at Dolginskoye field and the Severo-Zapadnyi (North West) blocks in Russia's Pechora Sea.

The agreements, signed on Apr. 6, include the formation of a dedicated working group and a list of priority oil and gas fields for the two blocks along with the establish of basic terms for future joint exploration efforts.

Dolginskoye oil field lies 120 km south of the Novaya Zemlya archipelago and 110 km north of Russia's mainland. Discovered in 1999, the field has seen four exploration wells—three in the north and one in the south. The North West license block is near Dolginskoye and Prirazlomnoye shelves where Gazprom Neft also operates.

The company said seismic work includes more than 11,000 line-km of 2D and 1,600 sq km of 3D seismic.

Dolginskoye field was discovered in 1999. Three exploration wells have been drilled, two in the north and one in the south. Gazprom Neft holds a total of five licenses for the blocks on the Arctic shelf.

ogj.com

Tags: GAZPROM, PETROVIETNAM, RUSSIA, OIL, FIELD, DOLGINSKOYE, PECHORA, SEA

Chronicle:

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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