Russia Ships First Oil From Offshore Arctic Platform

Posted by Greg Trauthwein
Friday, April 18, 2014
(Image: http://media.gazprom-neft.com)
President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.
 
Gazprom Neft, the oil arm of Russia's top gas producer Gazprom, shipped the first 70,000 tonnes of oil by tanker from the Prirazlomnoye platform, the site of a protest by 30 Greenpeace activists who were arrested last year.
 
The launch of oil production in the Arctic, seen by Russia as one of the key sources in the gradual replacement of output from its depleted West Siberian fields, has long been delayed due to cost overruns and technical difficulties.
 
"This, in essence, is the beginning of great and large-scale extraction of minerals and oil by our country in the Arctic," Putin said, speaking from his residence outside Moscow via a video link with workers at the platform, including Gazprom's head Alexei Miller.
 
"The whole project will positively influence Russia's future presence on the global energy markets and will strengthen both the whole economy and the energy sector," said Putin, who personally oversees all the major energy projects in country.
 
Russia's oil output stands at over 10 million barrels per day, the world's largest, but it needs new sources of crude oil, including hard-to-recover deposits and the Arctic, to sustain this level.
 
 
ARCTIC RESOURCES
 
The start of Arctic oil shipments drew strong criticism from the environmental group Greenpeace, whose protests against Prirazlomnoye last year led to the arrest of 30 activists who were held for two months before a Kremlin amnesty released them.
 
"If we do not stop this Arctic oil rush, we risk not only the environment but our ability to shake off the power structures of the last century," Greenpeace International Executive Director Kumi Naidoo said in a statement.
 
"Greenpeace, alongside millions of our supporters, will continue to stand against any oil company that tries to drill in the melting Arctic ocean.
 
The arrest of activists from 18 countries, who faced up to 15 years in jail on piracy charges, drew criticism from Western nations and celebrities such as ex-Beatle Paul McCartney.
 
The recoverable oil reserves of the Prirazlomnoye field, located 60 kilometres (37.5 miles) off Russia's northernmost shores, are estimated at 72 million tonnes.
 
Gazprom Neft said on Thursday that the expected level of the output is seen at 6 million tonnes a year (120,000 barrels per day) from after 2020.
 
Rosneft, Russia's top oil producer, has agreed to develop Russian Arctic hydrocarbon resources with ExxonMobil , Eni and Statoil.
 
It puts total offshore hydrocarbon resources at 43 billion tonnes of oil equivalent.
 
The Arctic is estimated to contain 20 percent of the world's undiscovered hydrocarbon resources. Rosneft's projects are not expected to produce their first oil from Arctic waters before the middle of the next decade.
 
(By Alexei Anishchuk, Reporting by Alexei Anishchuk; Writing by Vladimir Soldatkin; Editing by Tom Heneghan, Reuters)
 
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Australian Defence Minister Says Would Not Trust Submarine Firm to Build Canoe

Australia's defence minister has said he would not trust state-owned Australian Submarine Corp (ASC) "to build a canoe", fuelling expectations that most work in

Matson Raises Guam, Micronesia Rates

Matson, Inc., a U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. will raise its rates for the company's Guam/Commonwealth of the

Norwegian Buys Ship from Princess Cruises

Norwegian Cruise Line Holdings Ltd. announces fleet expansion for Oceania Cruises in 2016; Sirena to join sister ships Insignia, Regatta and Nautica   Norwegian Cruise Line Holdings Ltd.

Offshore

Pile Testing for Wikinger Wind Farm Launched

In October 2014 the first phase of the pile testing campaign for the Wikinger offshore wind farm project was launched after the site’s geotechnical investigation on the Baltic Sea had been completed.

Damen, Palfinger Upgrade North Sea Jack-Up Rig

With the support of Palfinger systems JUMP technology, Damen Shiprepair Vlissingen has completed an upgrade of a Keppel Fels ‘N’ Class drilling rig, one of the largest in the North Sea,

Vietnam Warship Visits Underscore Regional Tension

Vietnam on Tuesday showed off its two most powerful warships in the first-ever port call to the Philippines but an official said it was not trying to challenge

Energy

US House to Hold Hearing on Oil Export Ban

A House of Representatives panel will hold a hearing on Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance.

Energy’s Promising Future Threatened

Unrealistic Fears and Overstated Risks obscure the benefits of new seismic data. The United States stands poised on the edge of a bright energy future. After decades

Pile Testing for Wikinger Wind Farm Launched

In October 2014 the first phase of the pile testing campaign for the Wikinger offshore wind farm project was launched after the site’s geotechnical investigation on the Baltic Sea had been completed.

People in the News

Vietnam Warship Visits Underscore Regional Tension

Vietnam on Tuesday showed off its two most powerful warships in the first-ever port call to the Philippines but an official said it was not trying to challenge

Frontline Disappoints with Deeper 3Q Loss

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering options

Greece Deploys Frigate to Stricken Rescue Ship

Greece has sent a frigate to rescue a container ship believed to carrying hundreds of undocumented migrants and in distress off its southern island of Crete, the Greek coastguard said on Tuesday.

Arctic Operations

Will Congress Pass Any Maritime Legislation in 2014?

Following its usual summer break over August 2014, Congress came back from its five-week summer recess and spent a whopping eight days or so back in session before recessing once again,

Reach Bags Technip ROV Work

Reach Subsea has secured a deal worth up to $10.3 million with Technip to provide remote-operated vehicle services on a newbuild subsea construction vessel to be supplied by Eidesvik Offshore.

Odd Arne Slettebø new CFO of “Noreco”

Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company.

Offshore Energy

Pile Testing for Wikinger Wind Farm Launched

In October 2014 the first phase of the pile testing campaign for the Wikinger offshore wind farm project was launched after the site’s geotechnical investigation on the Baltic Sea had been completed.

Damen, Palfinger Upgrade North Sea Jack-Up Rig

With the support of Palfinger systems JUMP technology, Damen Shiprepair Vlissingen has completed an upgrade of a Keppel Fels ‘N’ Class drilling rig, one of the largest in the North Sea,

Vietnam Warship Visits Underscore Regional Tension

Vietnam on Tuesday showed off its two most powerful warships in the first-ever port call to the Philippines but an official said it was not trying to challenge

 
 
Maritime Security Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.4359 sec (2 req/sec)