Posts Tagged ‘Novaya Zemlya’

Total want to drill Barents with Rosnef

February 20, 2011
Barents Observer 2011-02-16 – original article here
Total in the Barents SeaCooperates with Gazprom on Shtokman gas – wants cooperation with Rosneft on Barents oil.

French petroleum major Total is in talks with Russia’s oil major Rosneft on joint projects in the Barents Sea, General Director of Total in Russia Pierre Nergararyan told reports in Moscow on Wednesday.

Nergararyan told RIA Novosti that Total want partnership with Rosneft on both the continental shelf in the Barents- and Black Seas.

Total and Norway’s Statoil are partners with Gazprom in Shtokman Development AG, supposed to announce a decision on possible investments for the huge gas field in the Barents Sea next month.

Last October, the Russian Government granted Rosneft and Gazprom five new licenses to oil and gas fields in the Kara Sea and Barents Sea.

In December, BP and Rosneft said they had formed a strategic partnership for development of offshore oilfields in the Kara Sea, east of Novaya Zemlya in the Russian Arctic.

Text: Thomas Nilsen