ROSNEFT - BP DEVELOPMENT
ROSNEFT - Rosneft and BP have agreed to develop subsoil resources within the Kharampurskoe and Festivalnoye licence areas of the Yamalo-Nenets Autonomous Okrug in northern Russia, with total geological reserves exceeding 880 bcm of gas.
The project envisages the development of the traditional gas reserves of the Cenomanian deposit, pilot production and subsequent full-scale development of the Turonian deposit as well as oil production optimization and efficiency.
Rosneft will hold a majority stake of 51% and BP will hold 49%. Produced oil and gas will be marketed by Rosneft.
Completion of the deal will be subject to a number of regulatory approvals.
The signed agreement is an important step forward in the development of global gas cooperation between Rosneft and BP.
Commenting on the agreement, Igor Sechin, Rosneft CEO noted: "Rosneft and BP will make joint efforts to develop new deposits, including those containing tight gas. Our companies have all the necessary competencies and experience to effectively implement such complicated projects."
David Campbell, President BP Russia, said: "We are pleased to further enhance our cooperation with our partner Rosneft, starting a new gas project in addition to our existing joint projects which cover oil production and exploration."
|April, 18, 13:14:00|
|April, 18, 13:12:00|
|April, 18, 13:10:00|
|April, 18, 13:08:00|
|April, 18, 13:07:00|
|April, 18, 13:06:00|
FRB - Industrial production rose 0.5 percent in March after increasing 1.0 percent in February; the index advanced 4.5 percent at an annual rate for the first quarter as a whole. After having climbed 1.5 percent in February, manufacturing production edged up 0.1 percent in March. Mining output rose 1.0 percent, mostly as a result of gains in oil and gas extraction and in support activities for mining. The index for utilities jumped 3.0 percent after being suppressed in February by warmer-than-normal temperatures. At 107.2 percent of its 2012 average, total industrial production was 4.3 percent higher in March than it was a year earlier. Capacity utilization for the industrial sector moved up 0.3 percentage point in March to 78.0 percent, a rate that is 1.8 percentage points below its long-run (1972–2017) average.
AOG - Kuwait plans to invest $113bn over the next five years to enhance oil exploration and production activities both inside and outside the country
МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 марта по 14 апреля 2018 года составила $ 65,80125 за баррель, или $ 480,3 за тонну.
REUTERS - Oil prices slipped with Brent crude futures LCOc1 off 66 cents at $71.92 a barrel, while U.S. crude CLc1 fell 56 cents to $66.83 a barrel.