OPERATIONS

Sakhalin launches new offshore oil production season

With the winter ice receding the sixth season of oil production from offshore Sakhalin island has...

Sakhalin launches new offshore oil production season

“We hope that the sixth crude production year will be successful as well and that we will be able to confirm our reputation for being a stable and reliable supplier of oil to the countries of the Asia-Pacific region and the dynamic market of the US West Coast,” said Sakhalin Energy CEO Steve McVeigh.

The Vityaz production complex is made up of the Molikpak platform, the 158,000 tonne dead-weight Okha oil storage tanker and a floating moorage and is located in the Sea of Okhotsk.

In a statement the Sakhalin Energy Co, as operator of the Sakhalin-2 project, said, “The Molikpak platform will be extracting offshore oil for six months. This is explained by severe climatic conditions of the Sea of Okhotsk that is frozen in winter.”

The first crude of this year’s season has been earmarked for delivery to Japan.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry