Energy Business Review
Exploration and Development
Anonymous User | Login

Total Transfers 10% Interest In Kharyaga Field To Zarubezhneft

Published: 30-Nov-2009

Total E&P Russie has transferred a 10% interest in the Kharyaga oil field to state-owned Zarubezhneft of Russia.

A memorandum of understanding (MoU) signed in 1999 at the same time as the Kharyaga production sharing agreement (PSA) stipulated that a Russian partner would take a stake in the project.

Total is the operator of phases 2 and 3 of the Kharyaga field, which is located in the Nenets Autonomous District. The development of phase 3, which received the go-ahead in December 2007, will increase output to 30,000 barrels per day (b/d), compared to 20,000 b/d in 2008.

Yves-Louis Darricarrere, president of Total Exploration & Production, said: "This new collaboration with Zarubezhneft gives an additional boost to Total's projects in Russia. The addition of Zarubezhneft as a partner in the Kharyaga field will further strengthen relations between Russian oil companies and Total."

Another partner in the field, Norway's Statoil, is also transfering a 10% interest to Zarubezhneft.

Under the agreement, Total will continue to operate Kharyaga with a 40% interest, along with its partners Statoil (30%), Zarubezhneft (20%) and Nenets Oil (10%).

Mail sent successfully

Tell your friend about this article


Please enter a valid email address

Please enter your name

Please enter the mail body


Your Name: *
Your Email: *
Friend's Email: *
Email Body: *
 

Suppliers To This Sector

Browse A-Z

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Sotra Marine Produkter

Offshore Anchors, Chains and Accessories ...

ABS Energy Research

Research Reports, Databases, Consulting and Analysis ...

RPI

Energy Industry Research ...

eyevis

Large Screens for Professional Applications ...

Wasa Logistics

Project and Heavy Lift Transportation Services ...

REIBEL

Overland Transport from Western Europe to Near/Middle East, Turkey and Russia ...

White Papers

Browse A-Z

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Yokogawa Matures a Best Practice Culture for Successful Project Execution

Yokogawa is a world leader in the supply of control and instrumentation systems to process ...

Lubrication Basics for Wire Ropes

Wire rope forms an important part of many machines and structures. It is comprised of cont ...

Winder with Integrated Motor and Central Motor Cooling Systemz

This free white paper provides technical information about this product. ...

Wind Power Cable Entry Solutions

With the Roxtec sealing system for cables and pipes, the wind power industry has a standar ...

Technical Due Diligence of the Waarpolder Wind Farm

Case study: Through Document Reviews and Technical Due Diligence services, SGS helped eval ...

Providing Safe, Clean, Reliable Energy

This free white paper provides comprehensive information on Westinghouse Electric Company. ...

Related Companies

No items to display

Suppliers Product News

ABS Announces the Launch of a New Programme of Renewable Energy Reports in 2009

ABS has already established a successful series of seven reports, each covering one renewable energy source and technology (hydro, wind, solar PV, solar thermal, biomass, geothermal, ocean), which provide a wealth of information and statistical detail about each segment.

ABS Releases Desalination Report 2010

Water scarcity has always existed somewhere in the world but today the need for water, both for people and for industry, is growing at an alarming rate. About one third of the countries in the world suffer from water shortage and in 20 of these real scarcity exists. Fortunately the technologies of desalination (also called desalting) exist to remedy these critical problems, they are now affordable and are becoming cheaper.

More than Four Times High Definition for Special Signage Applications

With the market introduction of the new EYE-LCD6400-4K 4k2k LCD panel with 64in screen diagonal, eyevis presents its second ultra-high resolution display with more than four times HD resolution.

Eco-Friendly Rear-Projection Cube Series with LED Light Source

With the new EC-LED cube series, eyevis presents a revolution in the field of modular video walls.

Free Newsletter Sign-up

Sign up, and we will send you a free Energy Report on 'Energy Security Threats & Key Issues for Global Oil & Gas Industry' from GlobalData worth $750

Please enter a valid email address