Russia, EU should set up strategic planning committee — former foreign ministerRussian Politics & Diplomacy October 23, 6:07
DPR to raise issue of Ukrainian forces’ shellings in DPR’s south — envoyWorld October 23, 5:06
Georgia’s Orthodox patriarch to visit Moscow to mark Russian patriarch’s 70th birthdaySociety & Culture October 23, 4:21
Iraqi forces enter last settlement on northern approaches to Mosul — mediaWorld October 23, 3:56
Azerbaijan’s president says his country will not increase oil outputBusiness & Economy October 23, 3:29
Second round of parliamentary election to be held in Lithuania on SundayWorld October 23, 2:49
Russian Duma delegation to take part in BRICS forum, IPU Assembly in GenevaRussian Politics & Diplomacy October 23, 2:11
Ceasefire in Syria violated 44 times in 24 hours — Russian reconciliation centerWorld October 23, 1:36
Russian national delegation would be more effective at US election — expertRussian Politics & Diplomacy October 23, 1:09
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.