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Gazprom Neft begins exploratory drilling in the Sea of Okhotsk

Gazpromneft Sakhalin (a subsidiary of Gazprom Neft) has begun drilling the first exploratory well at the Ayashsky licence block, located on the continental shelf of the Sea of Okhotsk. Leading Russian and international companies have been engaged in implementing the project, and extensive preliminary activities essential to project completion successfully undertaken. Drilling and well testing in 2017 will be performed by a semisubmersible drilling rig (the HAKURYU-5), delivered to the field in mid-June, its equipment having undergone extensive modernization and further adaptations in line with the climatic conditions of the Sea of Okhotsk in 2016.


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Woodside raising $2.5b for LNG expansion

Woodside Petroleum is raising $2.5 billion from shareholders to fund its purchase of an additional stake in Western Australia’s Scarborough gas field and expansion of other gas projects. Woodside will

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