Shtokman News

[02.04.12]

Russia`s Prime Minister Vladimir Putin and Deputy Prime Minister Igor Sechin, met on Friday with Statoil CEO Helge Lund and Total CEO Christophe de Margerie. They discussed plans for joint projects, in particular the development of the Shtokman and Kharyaga fields. Putin confirmed the willingness of the Russian government to support the Arctic energy projects with favorable tax conditions: “ As you know, we have taken several tax decisions at the federal and regional levels. The Murmansk authorities have also adopted decisions that will create favorable conditions for implementing the Shtokman project”.
[30.03.12]

The regular meeting of Shtokman Development AG (SDAG) Board of Directors was held in Moscow on March 29, 2012. Based on the decisions of the December meeting, the Board reviewed the whole scope of issues related to the Project Final Investment Decision (FID).
[29.03.12]

The heads of Gazprom, Total and Statoil have decided in Moscow to postpone the investment decision for a start of the giant Shtokman gas development project for another 3 month, online media report in Russia. In the meantime the consortium partners are supposed to meet Prime Minister and future President Vladimir Putin, who is a supporter of the ambitious project in the Barents Sea.
[14.03.12]

On March 12, 2012 a Frame Cooperation Agreement was signed by Shtokman Development AG (SDAG), Moscow State Institute (University) of International Relations of the Ministry of Foreign Affairs of the Russian Federation (MGIMO) and the International Institute of Energy Policy and Diplomacy of the Moscow State Institute of International Relations MIEP-MGIMO). The document was signed by Alexei Zagorovskiy, Chief Executive Officer, SDAG, Anatoly Torkunov, MGIMO President, member of the Russian Academy of Sciences, Professor Valery Salygin, Director of MIEP.
[02.03.12]

An investment decision for the development of the Shtokman field in the Barents Sea (Murmansk Region) is expected to be made by 1 April, said Russia's First Deputy Prime Minister Viktor Zubkov to reporters on Friday. This is reported by the news service RosBusinessConsulting.
[08.02.12]

A video conference Moscow — Murmansk was held on Wednesday between Mr. Dmitry Dmitrienko, Governor of the Murmansk Region and Mr. Alexei Zagorovskiy, Chief Executive Officer of the Shtokman Development AG (SDAG).


[31.01.12]

On January 25-26, 2012 in Oslo (Norway) took place the 10th jubilee Russian-Norwegian oil and gas conference dedicated to oil & gas field development on the Arctic shelf and perspectives of Russian-Norwegian cooperation in this sphere. The event was attended by State Secretary of Ministry of Oil Industry and Energy of Norway P.R. Henricsson, Deputy Minister of Natural Resources and Environment of Russia D.G.Khramov, 240 Russian and Norwegian specialists, as well as oil & gas professionals from Canada and Greenland. During the conference the issues of technological, economic and environmental aspects of Arctic hydrocarbon resources development were reviewed, as well as issues of training specialists for the needs of joint projects.
[27.01.12]

26 January saw the closing ceremony of the “Shtokman Viewed by the Press” regional contest organized by Shtokman Development AG and the Department of Information and Media Relations Policy of Murmansk Region Administration.


[10.01.12]
The regular meeting of Shtokman Development AG (SDAG) Board of Directors was held in Moscow on December 29, 2011. The Board of Directors reviewed the Company’s activities in 2011 and stated that extensive work on the preparatory stage of the Project was carried out during the year.
[24.11.11]

Saint Petersburg hosted on Wednesday a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Helge Lund, President and Chief Executive Officer of Statoil.

18-11-2011 Socio-economic effect on Russia’s GDP of the Shtokman project during the construction and operation of Phase 1 could reach up to 400 bill USD[ more ]
08-11-2011 Working meeting with representatives of the Norwegian organization “INTSOK” in Shtokman Development AG[ more ]
26-10-2011 Shtokman Development continues its initiative “Environmental Lessons” for Teriberka school kids[ more ]
14-10-2011 Heads of Gazprom, Statoil and Total discussed cooperation as part of Shtokman project[ more ]
03-10-2011 Shtokman Development AG has taken part in the International Conference “Arctic Shelf Development: Step by Step”[ more ]
21-09-2011 Shtokman Development AG and Sovcomflot signed Cooperation Agreement[ more ]
18-09-2011 “Shtokman Development AG” confirms the shareholders’ intention to make final investment decision in December[ more ]
02-09-2011 Shtokman income tax rate in the Murmansk Region will be set at 13.5%[ more ]
22-07-2011 Shtokman CEO and vice-speaker of Russian parliament discussed perspectives of legislative measures to enhance support for Shtokman Project[ more ]
21-07-2011 Gazprom signs a forth Indian LNG supply deal[ more ]
09-07-2011 Heads of Gazprom, Statoil and Total discussed in Paris implementation of the Shtokman project[ more ]
08-07-2011 “Secret” Shtokman-meeting in Paris on Friday?[ more ]
05-07-2011 The Russian Maritime Register of Shipping and Shtokman Development AG have signed a cooperation agreement for the Project offshore facilities expert evaluation[ more ]
03-07-2011 Shtokman Development held meeting in Murmansk with representatives of environmental organizations regarding the environmental safety of Barents Sea Region[ more ]
24-06-2011 Shtokman Development AG shareholders held on Thursday[ more ]
24-06-2011 Shtokman: Board of directors reaffirmed progress in preparation for final investment decision[ more ]
23-06-2011 Board Meeting in Shtokman Development on Thursday about allocation of new assets before final investment decision[ more ]
21-06-2011 Aker Solutions subsidiary drops bid for the Shtokman floating production unit[ more ]
21-06-2011 “New Shtokman delay”: Really a postponement or rather a more realistic date for production start?[ more ]
06-06-2011 More Russian Shtokman-content: Cooperation Agreement signed between Shtokman Development and United Shipbuilding Corporation[ more ]
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