Sakhalin Energy Investment Co. Company News

Recent Articles

Results 47 articles shown

Sakhalin Energy Appoints BMT to Provide Weather Forecasting Services
Wednesday, March 16, 2016Sakhalin Energy appoints BMT ARGOSS to provide weather forecasting services to support its operations in the Sakhalin region, off the east coast of Russia.

Sakhalin Energy Delivers 100th Cargo of Russian LNG
Friday, January 29, 2010The hundredth tanker carrying Russian liquefied natural gas, shipped from the LNG plant in Prigorodnoye, has arrived in Japan.

Sakhalin Energy Welcomes New Chief Executive Officer
Monday, December 07, 2009Andrei Galaev has been appointed Chief Executive Officer of Sakhalin Energy Investment Company Ltd.

Sakhalin Secures $1.4B in Largest Russian Project Financing
Wednesday, October 07, 2009The Sakhalin Energy consortium has signed an additional $1.4 billion contract with international banks to fund the Sakhalin-2 Phase II project, including its ongoing drilling program.

Sakhalin II Gears Up for Full Production
Wednesday, May 27, 2009The last major offshore gas well is being completed at the Lunskoye platform in Russia's sub-Arctic Sea of Okhotsk, preparing the way for full LNG production capacity at Sakhalin II.

Russia's Sakhalin-2 LNG Ramp Up Ahead of Schedule
Tuesday, May 19, 2009The ramp up of Russia's Sakhalin-2 liquefied natural gas project is now well ahead of schedule, with three times as many cargoes as planned shipped since start-up earlier this year, said Jeroen van der Veer, Shell's CEO.

Gazprom, Shell Shake Hands over Sakhalin II LNG, Pipeline Deals
Wednesday, April 08, 2009Gazprom and Shell have signed agreements concerning Sakhalin II LNG and pipeline gas supplies.

Sakhalin II Inks Full-Scale LNG Deal with Osaka Gas
Wednesday, March 04, 2009Sakhalin Energy Investment Company signed a sale and purchase agreement for liquefied natural gas supply to the Japanese company Osaka Gas.

OTC to Honor ConocoPhillips' Chief Naval Architect, Sakhalin II Project
Wednesday, February 25, 2009The Offshore Technology Conference will present the 2009 Distinguished Achievement Awards to Peter G. Noble for his marine design innovations and to Sakhalin Energy Investment Company for the Sakhalin II Phase 2 Project.

New Energy Source for Sakhalin II LNG Project Comes On Stream
Wednesday, February 18, 2009President Dmitry Medvedev opened Russia's first liquefied natural gas plant built by Sakhalin Energy Investment Co. The LNG plant is the heart of the Sakhalin II project, one of the largest integrated oil and gas projects in the world.

Sakhalin Energy Investment Axes Safe Astoria Contract
Monday, February 09, 2009Sakhalin Energy Investment Company terminated the remaining contract duration for the use of the Safe Astoria accommodation support rig offshore Sakhalin Island in the Russian Federation.

Sakhalin Produces First Gas from LUN-A Platform at Lunskoye Field
Thursday, January 15, 2009Sakhalin Energy produced first gas from its Lunskoye-A platform installed in the Lunskoye field 15 kilometers off the northeastern coast of Sakhalin Island.

Gazprom, Shell JV Begins Year-Round Oil Export from Sakhalin II Project
Friday, December 12, 2008Sakhalin Energy announced that first oil exports have commenced from Prigorodnoye of the Sakhalin II project.

Sakhalin Locks in $5.3B in Largest Russian Project Finance Deal
Monday, June 16, 2008Sakhalin Energy, the Japan Bank for International Cooperation, a consortium of international commercial banks signed a project finance contract for Phase 2 of the world's largest integrated oil and gas development, Sakhalin II.

Sakhalin Energy Says 2007 Production Numbers Up
Wednesday, December 05, 2007Sakhalin Energy produced above 1.68 million tonnes of oil from the Molikpaq platform in 2007. This exceeded the 2006 production by 100,000 tonnes.

Sakhalin II Production Suspended
Sunday, November 25, 2007Earlier this week due to severe weather conditions production at the Vityaz complex offshore facility off the northeast Sakhalin coast was suspended and the Okha floating storage and offtake vessel was disengaged.

Sakhalin Gets Safe Offshore Russia
Friday, October 12, 2007Prosafe awarded LOI for rig support vessel Safe Astoria.

Sakhalin II Reaches Local Content Milestone
Thursday, October 11, 2007Contracts totaling more than $10 billion have been awarded to Russian companies under the Sakhalin II Project.

Sakhalin's Phase 2 HSES Report Gets High Marks from AEA
Tuesday, October 09, 2007AEA stated in its report that the Sakhalin II Phase 2 Project has a high level of compliance for most of the Project's facilities/assets.

Sakhalin Energy Drills First Offshore Gas Wells in Russia
Monday, July 09, 2007Sakhalin Energy Investment Company commenced drilling of first wells from the Lunskoye-A platform.

Sakhalin Energy's Third Platform Successfully Installed
Thursday, July 05, 2007In a world record breaking operation, Sakhalin Energy Investment Company Ltd. successfully completed the installation of the Piltun-Astokhskoye-B production platform topsides on the gravity base structure in the Piltun-Astokhskoye Field.

Sakhalin Energy Starts Ninth Production Season at Vityaz
Friday, June 08, 2007Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) opened the ninth hydrocarbon production season Friday.

PA-B Topsides Ready to Sail Away
Wednesday, May 30, 2007Samsung Heavy Industries has completed construction of the Piltun-Astokhskoye-B (PA-B) topsides. The platform is expected to arrive offshore Sakhalin Island this summer.

Gazprom to Take Majority Stake in Sakhalin Energy
Thursday, March 01, 2007Gazprom's board has approved deals for the company to join Sakhalin Energy Investment Co. Ltd. as the leading shareholder.

With Osaka Gas Deal, Virtually All Sakhalin II Capacity Sold
Friday, February 09, 2007Sakhalin Energy Investment Company Ltd. on Thursday signed a binding Heads of Agreement (HoA) for long term supply of liquefied natural gas (LNG) to Japan.

Petrofac Wins Another Sakhalin Contract
Monday, January 15, 2007Petrofac Training, through its Russian entity, PKT Training Services, has been awarded a follow up contract valued at approximately $4 million to provide operations and technical training to Sakhalin Energy Investment Company Limited.

Gazprom Joins Sakhalin II
Thursday, December 21, 2006Shell, Mitsui, and Misubishi have signed a protocol to bring Gazprom into the Sakhalin Energy Investment Co. Ltd. (SEIC) as a leading shareholder. Gazprom will acquire a 50% stake plus one share in SEIC for $7.45 billion.

Shell Makes Gazprom Offer on Sakhalin-2
Monday, December 11, 2006Royal Dutch Shell chairman Jeroen van der Veer has proposed new terms to Russian natural gas monopoly Gazprom to enter the US$20 billion Sakhalin-2 oil and gas development, a Gazprom spokesman said Monday.

Sakhalin Energy: Doesn't See Tsunami Threat So Far
Wednesday, November 15, 2006The Sakhalin Energy Ltd. international oil and gas consortium said Wednesday that its operations hadn't been impacted by a massive offshore earthquake that hit the nearby Kuril Islands north of Japan Wednesday.

Russian Minister Calls for Clear Deadlines in Oil Licenses
Tuesday, October 24, 2006Russia's Minister for Natural Resources Tuesday called for amendments to existing oil and gas field development licenses that would bring clear development terms and timeframes for exploration and production.

Sakhalin Energy Cooperation Commitment with Ministry of Natural Resources
Friday, October 20, 2006Sakhalin Energy CEO Ian Craig sent a letter today to Minister Yuri Trutnev of the Ministry for Natural Resources of the Russian Federation re-affirming Sakhalin Energy's commitment to cooperate with the Ministry in resolving any non-compliance issues

Russia Threatens to Shut Down Sakhalin-II Oil Production
Friday, September 01, 2006Russian authorities may order the Sakhalin Energy Ltd. international energy consortium to stop pumping oil if the company does not correct environmental violations registered over the past year, officials said Friday.

Offshore Pipe Laying for Sakhalin II Completed Ahead of Schedule
Wednesday, August 30, 2006In a season of milestone achievements, Sakhalin Energy has reached another milestone by completing the laying of its Piltun area offshore pipelines ahead of schedule, thus concluding all offshore pipelaying work for the Sakhalin II Phase 2 Project.

New Modules Installed on Molikpaq
Thursday, July 20, 2006Sakhalin Energy reported that it has successfully completed the installation of the Molikpaq Tie-In (MTI) modules.<

Shell Makes New Sakhalin II LNG Supply Deal
Wednesday, July 12, 2006Shell said that Sakhalin Energy, operator of the Sakhalin II Project, on Wednesday signed a new Heads of Agreement (HoA) for the sale and purchase of liquefied natural gas (LNG) with Japan’s Chubu Electric Power Co., Inc.

Russia's First Offshore Gas Platform Installed in the Lunskoye Field
Monday, June 26, 2006Sakhalin Energy has successfully completed the installation of the Lunskoye-A gas production platform Topsides, in a record-breaking operation in the Sea of Okhotsk, northeast of Sakhalin Island.

Sakhalin Energy Says EBRD Considering Financing for Shakhalin II Phase 2
Wednesday, December 14, 2005Sakhalin Energy Investment welcomes the European Bank for Reconstruction and Development's announcement that the Sakhalin II Phase 2 Project's approach to environmental and social issues management is fit for purpose.

Sakhalin Energy Says Vessels Blown Off Location Near LNG Site in Aniva Bay
Tuesday, November 22, 2005Sakhalin Energy reports that three vessels associated with offshore construction activities at the LNG site in Aniva Bay were blown ashore during severe weather and high winds.

PSS for Tanker Offloading Unit Successfully Installed Offshore Sakhalin
Thursday, November 03, 2005Sakhalin Energy has achieved another important milestone in the development of the Sakhalin II project by completing the installation of the Piled Substructure for the Tanker Loading Unit in Aniva Bay, offshore Sakhalin Island.

Sakhalin Energy Signs LNG Supply Deal with Hiroshima Gas
Tuesday, May 31, 2005Sakhalin Energy has signed a Heads of Agreement for the long-term sales and purchase of up to 0.21 million tons per annum (mtpa) of LNG for 20 years to Hiroshima Gas Co., Ltd.

Concrete Gravity Base Structure Dock Flooded in Vostochny
Monday, April 25, 2005Sakhalin Energy reached another major Project milestone on the Sakhalin II Phase 2 Project when the CGBS construction team in Nakhodka (mainland Russia) flooded the basin in which the two CGBS structures have been built on Saturday April 16.

Sakhalin Energy Moves Offshore Pipelines to Protect Whales
Wednesday, March 30, 2005Sakhalin Energy will reroute offshore pipelines in its oil and gas development in the Russian Far East to help protect the endangered western gray whale.

Sakhalin Energy Wins LNG Tender from Korea Gas Corp.
Wednesday, February 16, 2005Sakhalin Energy has achieved a major marketing breakthrough with the announcement by the Korean Ministry of Commerce, Industry and Energy (MOCIE) that the Sakhalin II Project has won a tender to supply 1.5 million tons per annum (mtpa), plus a possible option of a further 0.5 mtpa, of LNG to Korea.

IUCN Report Offers Way Forward: Sakhalin Energy
Wednesday, February 16, 2005Sakhalin Energy commends the Independent Scientific Review Panel, convened by IUCN – the World Conservation Union, for its contribution in studying the impacts of Sakhalin II Phase 2 on western gray whales.

Sixth Production Season Complete at the Vityaz Complex
Wednesday, December 22, 2004Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) announced that the Vityaz Complex offshore Sakhalin had successfully completed its Sixth Production Season.

Sakhalin Energy Says Concrete Work Lunskoye Completed
Monday, December 06, 2004Sakhalin Energy reports that a significant milestone in the Sakhalin II Phase 2 Project has been reached with the completion at Vostochny in Russia of the main concrete construction work on the huge gravity base substructure (CGBS) for the Lunskoye offshore gas production platform.

Russia's Sakhalin 2 Project to Go Ahead
Thursday, May 15, 2003Sakhalin Energy Investment Company received support from all its shareholders to launch the second phase of the Sakhalin II project in the far east of Russia.