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  • Lukoil and Total shale JV established
France Oil & Gas - Business & Finance Oil, Gas, Energy, & Power

Lukoil and Total shale JV established

23/05/2014

Lukoil and Total shale JV: The French oil and gas company Total is setting up  a joint venture with Russia’s Lukoil for the development of  the Bazhenov formation,  Russia’s  largest shale oil field. Located in Western Siberia, its reserves have been estimated at 1.24trn barrels. Lenta

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  • Bazhenov shale oil field to be developed in Siberia
  • Miller sets out plans for shale exploration in Bazhenov Formation
  • Four new Lukoil Baltic wells planned
  • Lukoil signs Cameroon offshore development deal for Etinde field
  • Russia to become leading shale oil producer
  • European shale boom put on hold as Russian gas prices drop
  • Chinese banks agree to finance Jordanian shale projects
  • Archangel diamond field to be mined by Lukoil
Topics: shale

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