Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
Berkut will be launched in December and produce up to 12,000 tonnes of oil daily. The platform is designed to operate in temperatures no lower than -44 degrees Celsius, with the wave height up to 18 meters and ice coverage up to two meters.
Sakhalin-1 is the oil and gas project which envisages the development of three fields - Chayvo, Odoptu and Arkutun-Dagi with the extractable reserves amounting to 2.3 billion barrels of oil and 485 billion cubic meters of natural gas. The project’s consortium has already invested $4.5 billion in the development of the project.
ExxonMobil is the Sakhlin-1 operator with a 30% stake. SODECO also owns 30% in the project, while Russian oil major Rosneft and ONGC hold 20% stakes each. The companies develop the Sakhalin-1 fields under a production sharing agreement.