Tag: Arctic LNG 2
The Yamal and Gydan Peninsulas, both of which contain enormous gas reserves, are solidifying Russia’s position in the global oil and gas market. With the advance of the Arctic LNG-2 project, production is expected to increase in the coming years to serve Asian and European demand.
TechnipFMC has been awarded a major Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia, Russia.
CNOOC Limited announced that the Company has signed a Heads of Agreement with JSC Novatek, a Russian gas producer, for the acquisition of 10% interest of the Arctic LNG 2 project.