Russia Laying the Foundations for Arctic Exploration

Press Release
Monday, September 17, 2012

Gas production in Russia could pave the way for successful arctic drilling projects after new techniques helped improve efficiency during the region’s harsh winters.

The creation of Russia’s first Liquefied Natural Gas (LNG) plant has meant overcoming a number of obstacles similar to those faced within the Arctic region – an increasingly attractive prospect as proven oil and gas reserves decline.

The success of the programme – which has seen the use of “big bore wells” cutting operating costs and increasing gas flow – is an example of how viable working in such harsh conditions can be.

Andrei Galaev – chief executive officer (CEO) of Sakhalin Energy Investment Company Ltd., the company running the first Russian LNG plant, which has an 800km network of onshore pipelines.

Mr Galaev said: “One of the biggest challenges facing the oil and gas industry is that there are less resources that could be easily developed. More frequently the industry is being forced further north and into drilling deeper to discover and extract hydrocarbons.

“It seems almost inevitable that Arctic exploration will take place and there are a lot of similarities between the challenges the industry will face there and what we have been doing at Sakhalin. Certainly the conditions offshore are as harsh as the subarctic ones and the experience Sakhalin Energy gets could be used by those who are looking to develop these barren areas.”

As a result of its recent successes, Sakhalin Energy is now becoming one of the leading energy exporters to Asia Pacific’s highly competitive energy market.

Now Mr Galaev is preparing to discuss his experiences and the innovative technologies applied in the severe natural and climatic conditions of the remote region with industry leaders at the Gastech Conference & Exhibition.

He will take the stage as one of the key speakers at the Centres of Technical Excellence (CoTEs) within the Project Delivery stream, on Monday, 8 October, when he will provide a detailed account of the technological challenges that had to be overcome. The free to attend event will be open to all exhibition attendees, who will be able to hear more about the groundbreaking success of the project for themselves.

Mr Galaev said: “Sakhalin Energy was the first in Russia to start developing shelf deposits with offshore platforms. The project and Sakhalin Energy activity are associated with progressive engineering and design, as well as unique, innovative technologies applied in the severe natural and climatic conditions of the remote region.”

He highlighted the importance of ensuring the safety, reliability and integrity of projects, both to Sakhalin Energy and the industry as a whole as it looks to enter new frontiers.

Mr Galaev added: “We conduct our business in an ethically, socially and environmental responsible manner. And the company is recognised for this approach and its sustainable practices.”

Now in its 40th year, Gastech has become the world’s leading natural gas events and will this year be held at the ExCeL, London, from 8 - 11 October.

The CoTEs are exhibition show floor seminars designed to provide a platform for many of the world’s most-respected industry associations and organizations to deliver knowledge, education and awareness of new innovations and developments in gas technology.

The CoTE seminars will focus on specific areas of interest to those working in the global gas industry, encouraging thought-provoking discussion, from a range of high-level speakers over 12 different streams, focused on specific interest areas.

To register for the Gastech Exhibition and to reserve a free place at the CoTEs please visit www.gastech.co.uk/cotes

 


Offshore

Esvagt Makes Vestdavit MissionEase First Choice for Mission Bay

Norway-based boat system and davit-handling specialist Vestdavit has secured a breakthrough order for its unique MissionEase multi-boat handling solution for mission bays,

DNV GL Backs John Laing on First Offshore Wind Investment

DNV GL successfully completed its due diligence work of the offshore wind farm “Nordergründe” in the North Sea, reviewing and quantifying the technical risks of the project.

GoM Operators Evacuating Ahead of Storm

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Depression No. 9.   The Bureau of Safety and Environmental

Energy

Jt Study by MOL, Yokohama University for Improving Ocean Shipping Market Forecast

Mitsui O.S.K. Lines, Ltd. today announced that the company and its subsidiary MOL Information Systems, Ltd. have signed a contract with Yokohama National University

DNV GL Launches New Approach to Manage Uncertainty in Risk Assessment

There is increasing emphasis from regulators on addressing uncertainty in risk assessments to improve safety. DNV GL’s new paper, ‘Enabling confidence – addressing uncertainty in risk assessments’,

Gasum, Wärtsilä Join Forces to develop Gas Value Chain

New joint co-operation between Gasum and Wärtsilä aims to develop the utilization and distribution of natural energy gases in marine and land markets. Gasum,

LNG

BV Classes First LNG-fuel Oil/Chemical Tanker

Leading international classification society Bureau Veritas has classed the first LNG-fuelled newbuilding oil/chemical tanker, the 15,000 dwt Ternsund, built under BV class at Avic Dingheng,

SK Shipping Selects 5X72DF for LNG Carriers

Securing the position of its low-speed low-pressure X‑DF engines as market leaders, Winterthur Gas & Diesel (WinGD) has been selected to supply two 5-cylinder X72DF

NASSCO Christens LNG-ready Tanker Constitution

On Saturday, August 27, shipbuilders at General Dynamics NASSCO celebrated the christening and launch of the Constitution, the sixth ship in a series of eight eco-friendly

Arctic Operations

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

MV WERFTEN, Foreship Sign Design Agreements

MV WERFTEN signed a letter of intent with the engineering company Foreship in Stralsund today. The agreement includes parts of the basic design as well as design,

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1428 sec (7 req/sec)