Page 1 - FSUOGM Week 13 2021
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Issue 1119 31•March•2021 Week 13
Russia to update oil strategy
Russia is preparing to update its oil strategy, in which it will set out its response
to the challenge of the energy transition.
, SOCAR hit Caspian gas
BP
BP and SOCAR are understood to have found gas and condensate in the
Azeri Caspian Sea.
Downstream deals
Russian oil companies are signing investment deals with the energy ministry
on downstream upgrades.
Novatek expands in Arctic
Russia's Novatek has secured rights to the Severo-Gydansky block on the
Gydan Peninsula, expanding its Arctic position further.
