Arctikshelfneftegaz

18.01.05 Arktikshelfneftegaz transferred its first tranche of 2,850 million Rubles to finance the development of a project for construction of a sports centre in Murmansk.
28.12.04 27.12.2004 Government of Murmansk area, Arktikshelfneftegaz JSC and Kuzbassrazrezugol coal resources company signed a Declaration of Intent for Cooperation.
01.12.04 On the 30th of November 2004 Arcticshelfneftegas Joint Stock Company and Schlumberger signed the Memorandum of Understanding in the areas of providing technological and organizational support to the Arctic shelf projects of ASNG.
02.11.04 ARKTIKSHELFNEFTEGAZ awarded a contract to ROXAR
02.06.04 Arktikshelfneftegaz extends cooperation with the leaders of nuclear-powered shipbuilding.

Arktikshelfneftegaz (ASNG) is a Russian oil and gas company, holding licenses for the exploration and production of three oil and gas license blocks on the Barents Sea continental shelf (Medyn-Varandei, Pomorskiy and Koloklmorskiy license blocks). The licenses are valid until year 2025. The estimated recoverable hydrocarbon resources of the three blocks are in excess of 300 million tons of oil.