Russia
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Russia’s need to continue expanding the oil and gas business is pushing it to look east for more production and markets. But everywhere it turns there is stiff competition in a world awash in oil and gas. -
Russian giant Gazprom Neft has embarked on a new upstream technology strategy that emphasizes partnerships with other firms.
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Russia has looked to the east to find more oil and gas, growing markets and investor support, allowing it to shrug off the global slump and trade sanctions.
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Russian oil production has remained on a growth path despite the plunge in oil prices because producers have built their business on producing oil for less than USD 30/bbl.
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Thermal steam stimulation is considered the most effective of current methods for heavy-oil production. However, the method has problems with low coverage by steam injection and decreased efficiency.
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The new channel-fracturing technique is capable of increasing fracture conductivity by up to two orders of magnitude.
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ExxonMobil, operator for the Sakhalin-1 project, planned an additional drilling campaign at the Chayvo field, Sakhalin Island, Russia.
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Minimizing HSE Impacts During Design and Construction of a Major Gas Pipeline Through the Baltic SeaDuring the design of two parallel gas pipelines from Russia to Germany through the Baltic Sea, major design changes were made to minimize project impacts, resulting in rapid approval by all five affected countries.
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