WorldOil Novatek eyes LNG cargo transfers should tanker sanctions last Russia’s biggest liquefied natural gas producer expects to be able to mitigate any impact should U.S. sanctions on China prevent it from using a third of its fleet. ConocoPhillips to acquire Nuna discovery acreage in Alaska ConocoPhillips Alaska (COPA) has announced that it has entered into an agreement with Caelus Natural Resources Alaska, LLC to acquire 100% of the Nuna discovery, located just east of the Colville River and approximately 5 mi southwest of Oooguruk field. CNOOC to acquire 10% equity interest in Arctic LNG 2 CNOOC Limited has announced that the Company and CEPR Limited, a wholly-owned subsidiary of the Company, entered into a Share Purchase Agreement with Joint Stock Company Novatek and Ekropromstroy Limited Liability Company, a wholly-owned subsidiary of JSC Novatek, pursuant to which, CEPR shall acquire 10% equity interest in Arctic LNG 2 LLC held by Ekropromstroy. Russia's new icebreakers carve path for oil and gas shipping Last weekend, Russia launched the last of a new crew of atomic icebreakers meant to consolidate the country’s dominance of commercial traffic in the Arctic. As much of the rest of the world recognizes climate change as an emergency, Russia is working hard to capitalize on it — and the U.S. appears to be far behind. The future is in the north, according to the Norwegian Petroleum Directorate Our estimates indicate that more than half of the oil and gas that has not yet been discovered is located in the Barents Sea. CNOOC Limited signs agreement with JSC Novatek for the Arctic LNG 2 project CNOOC Limited has announced that the company has signed a heads of agreement with JSC Novatek, a Russian gas producer, for the acquisition of 10% interest of the Arctic LNG 2 project. DNV GL awards CMHI AIPs for arctic SCDU DNV GL's Head of Technical Centre China Falk Rothe handed over the two certificates to Dr. Lixin Xu from China Merchants Offshore Technology and Research Center (CM-OTRC). Nidec ASI to supply VFDS for $25.5 billion Arctic Lng 2 project Nidec ASI, head of the Nidec Industrial Solutions business platform belonging to the Nidec Group, signed last month with Siemens Gas and Power , a multi-million euro contract, for the supply of Variable Frequency Drives Systems (VFDS) and Motors for the Arctic LNG 2 project which will be used as part of the Natural Gas (LNG) liquefaction plants located in the Yamal peninsula in Arctic Russia. Federal judge blocks President Trump's Arctic drilling plans The Trump administration's attempt to restore oil and gas leasing in U.S. waters was blocked by a federal judge in Alaska, delivering a win to environmentalists who argued that offshore drilling isn’t worth the risk. Total signs definitive agreements for entry into Arctic LNG 2 Total announces that it has signed the definitive agreements with Novatek for the acquisition of a direct 10% interest in Arctic LNG 2, a major liquefied natural gas development led by Novatek on the Gydan Peninsula, Russia.