Novatek | Egypt Oil & Gas

NOVATEK, ENN Natural Gas Sign LNG Sales, Purchase Agreement

NOVATEK announced the signing of a long-term sale and purchase agreement (SPA) with ENN LNG (Singapore) Pte. Ltd., a subsidiary of ENN Natural Gas Co., Ltd. for the liquified natural gas produced from the Arctic LNG 2...

Russia’s Novatek to Open Arctic Plant by 2027

Russian natural gas producer Novatek announced plans to open a plant in the Arctic by 2027 that would produce more than 2.2 million tons of ammonia and 130,000 tons of hydrogen annually, Reuters reported. It should be...

Russia’s Novatek Acquires E&P Licenses for Two Subsoil Areas

Novatek company announced that it has acquired, through an auction, the geological survey, exploration, and production (E&P) licenses for two subsoil license areas including the Arkticheskoye and Neytinskoye field...

Russia, Japan Sign Cooperation Agreement for Hydrogen, Carbon Capture Projects

NOVATEK company announced that the it has signed a memorandum of cooperation with the Minister of Economy, Trade and Industry of Japan, Hiroshi Kajiyama, on ammonia, hydrogen and carbon capture utilization and storage...

TotalEnergies, Novatek Sign MoU on LNG Decarbonization

TotalEnergies and Novatek have signed a Memorandum of Understanding (MoU) to jointly work on reducing CO₂ emissions, resulting from the production of liquefied natural gas (LNG). and on using of renewable power energi...

NOVATEK Joins Arctic Economic Council

NOVATEK company announced that it has formally joined the Arctic Economic Council (AEC), a press release announced. Leonid Mikhelson, NOVATEK’s Chairman of the Board of Directors, noted that the company’s joining to t...

PAO Novatek, Nuovo Pignone Sign Agreement for CO2 Emission Reduction

PAO Novatek, a subsidiary of Novatek, has signed a cooperation agreement with Nuovo Pignone, a part of Baker Hughes Company, aiming at reducing carbon dioxide CO2 emissions, Novatek’s statement announced. Accord...

Cryogas-Vysotsk Produces First 1 MMT of LNG

Russian Novatek company announced that its joint venture with Gazprombank, Cryogas-Vysotsk, has produced the first 1 million tons of liquified natural gas (LNG) since the launch of the project in 2019, according to a ...

Novatek Hydrocarbon’s Production Increases 3.1% in 2020

The Russian Novatek’s hydrocarbon production has increased by 3.1% to 608.2 million barrels of oil equivalent during 2020, compared to 589.9 million barrels of oil equivalent, according to a press release. These resul...

NOVATEk Launches First Carbon-Neutral LNG Fuel Station in Germany

Russian NOVATEK Green Energy has launched its first carbon- neutral liquified natural gas (LNG) fuel station in Rostock at Germany, a press release reported. This came as a part of the company’s long-term strategy to ...

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