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Russia & Caspian upstream month in brief: The sanctions spiral accelerates


Russia & Caspian upstream month in brief: The sanctions spiral accelerates

Report summary

In the Russia & Caspian Upstream month in brief, we highlight the main stories of the past month, adding our opinion and analysis to keep you informed. The key news include: US sanctions target Nord Stream 2; Rosneft defeats Gazpromneft to win the Erginskoye auction; and ONGC and NC KazMunaiGas spud new Kazakh offshore well. In other news: Kashagan spurs Kazakh liquids to 10% growth in H1 2017; Yamal LNG starts train one commissioning; NOVATEK selects contractors for Arctic LNG-2; Progress awaits on Line D of Turkmenistan-China Gas Pipeline; Schlumberger to acquire 51% of Eurasia Drilling; Nostrum Oil & Gas starts refinancing, as expansion nears; Gazpromneft acquired a 25.02% stake in Eurotek-Yugra from Repsol; NOVATEK expands into small-scale LNG space. For further information on these and any other regional themes, please contact Wood Mackenzie’s Russia and Caspian research teams.

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Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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