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2014-08-01 18:35:00

UNFORTUNATE RUSSIAN SANCTIONS

UNFORTUNATE RUSSIAN SANCTIONS

Sanctions on the oil sector in Russia are "unfortunate" as there are big opportunities for western companies in the development of the Arctic, according to the world's largest offshore drilling group, which this week signed a $4.25bn contract with Rosneft .

North Atlantic Drilling signed contracts with Rosneft, the Russian state oil group with close ties to president Vladimir Putin, for the use of six offshore drilling rigs up to 2022 worth $4.25bn "exclusive of mobilisation".

Rune Magnus Lundetrae, chief financial officer of SeaDrill , the parent company of North Atlantic, told the Financial Times on Thursday:…

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Tags: SANCTIONS, RUSSIA, EU, NORWAY, SEADRILL, ROSNEFT, DRILLING, RIG,
Chronicle:
UNFORTUNATE RUSSIAN SANCTIONS
2021, May, 12, 12:39:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
UNFORTUNATE RUSSIAN SANCTIONS
2021, May, 12, 12:38:00
ELECTRICITY ECONOMICS IN CHANGING ELECTRICITY MARKETS 18 – 21 May 2021
Electricity Economics in Changing Electricity Markets LIVE ONLINE COURSE OVER 4 SESSIONS Commences: 18 May 2021 – 21 May 2021 (7am – 10am)
UNFORTUNATE RUSSIAN SANCTIONS
2021, May, 12, 12:35:00
INDIA'S ENERGY STORAGE MARKET
Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.
UNFORTUNATE RUSSIAN SANCTIONS
2021, May, 12, 12:30:00
DUTCH CARBON STORAGE $2.4 BLN
The government has said it will grant a total of 5 billion euros in subsidies in 2021 for technologies that will help it achieve its climate goals.
UNFORTUNATE RUSSIAN SANCTIONS
2021, May, 12, 12:25:00
HYDROGEN ECONOMY & CCS
The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.
UNFORTUNATE RUSSIAN SANCTIONS
2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
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2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
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