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Russia upstream 2017 in review: delivering on promises, exploring new opportunities

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Report summary

Delivering on promises was a major theme in Russia's upstream in 2017. The launch of Yamal LNG highlighted NOVATEK's capacity to deliver on commercially challenging and technically complex projects. Russia successfully collaborated with OPEC to implement oil production cuts to support the oil price. The pivot to China gathered pace as CEFC China took a stake in Rosneft and Gazprom made progress on the Power of Siberia pipeline. Read our Russia 2017 year in review to find out about how Russia has turned a corner.

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  • Document

    Russia_2017_DEALS.xlsx

    XLSX 44.81 KB

  • Document

    Russia upstream 2017 in review: delivering on promises, exploring new opportunities

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Table of contents

  • Executive Summary
  • OPEC+ oil production cut extension
  • Russian LNG makes a great leap forward
  • M&A activity gathers pace
  • Sanctions rolled over and strengthened
  • Infrastructure investment continues 
  • Exploration goes north and east
    • Key asset reports in 2017
    • Key Insights in 2017 

Tables and charts

This report includes 4 images and tables including:

Images

  • How Russia cut production by 300, 000 b/d
  • Taimyr Peninsula exploration

Tables

  • M&A in Russia in 2017

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