“Gazprom Neft” has agreed with one of its key foreign partners, Anglo-Dutch Shell to create a parity joint venture to develop two sites on the byway Gydane — Liskinskogo and Pohutakawa. Their resource base is estimated at 135 million tons of oil equivalent. After failing to attract Shell to the development of five sites in Yamal on the basis of “Meretoyakhaneftegas” gydansky project may become the first joint project in the Arctic.”Gazprom Neft” has signed an agreement with Shell about the creation of a parity joint venture for the development of Liskinskogo and Pohutakawa plots for Gydane, reported Russian oil company. Management of the JV will be managed on a parity basis, the transaction is expected to close before the end of 2020.However, “Gazprom oil” already has experience of the development of the Novoportovskoye field, where the company had to build a marine terminal for shipment of oil in the Gulf of Ob. New areas have already conducted the 2D seismic, the first well on Lescinska section of the company intend to drill in 2020.Lescinsky license area refers to the Taimyr district of the Krasnoyarsk territory. The area of the asset is 3 thousand sq. km, Recoverable oil resources of category D2, according to official estimates, up to 100 million toe Adjacent Puhtaasti licensed plot with an area of 825 sq km is located in the Tazovsky district of the Yamalo-Nenets Autonomous district. Hydrocarbon resources of D1 and D2 is about 35 million tons.First Deputy head of “Gazprom oil” Vadim Yakovlev “in the case of geological success” is “a major hydrocarbon province.” Initially the project development sites for Gydane “Gazprom Neft” wanted to not only Shell, but also with the Spanish Repsol, the agreement of intent, the company signed during SPIEF-2019. It was assumed that foreign companies will receive 25% in the project, the rest will remain at “Gazprom oil”. But Repsol’s withdrawal from the project. Development gydansky sites may become the first joint project of “Gazprom Neft” and Shell’s Arctic exploration. In April, the company announced the cancellation of another Arctic deal for development of areas in the region. It was assumed that the parties on the basis of the structure of “Gazprom oil” “meretoyakhaneftegas” will create a joint venture. In SP was to include, besides Meretoyakhinskoye field, Tazovsky, North Samburg and two West of the Jubilee area. Geological reserves of the project was estimated at 1.1 billion tons. Shell explained the cancellation of “negative external factors”, in “Gazprom oil” then noted that its breakdown will not affect the running of other projects.Dmitry Kozlov
