Sakhalin tender background detailed
- Russian Federation Ministry for Fuels and Energy (SU)
This paper reports that on Jan. 27, 1992, the committee constituted by order of the Russian government of Dec. 23, 1991, and headed by V.I. Danilov-Danilyan, the Russian Federation's Minister for Ecology and Natural Resources, assessed the results of a tender announced in May 1991. The tender was for foreign companies to submit feasibility studies for exploration and development of oil and gas on the continental shelf off Sakhalin Island. The announced winner was the MMM group consisting of McDermott International Inc., Marathon Oil Co., and Mitsui and Co. Ltd. In its decision the governmental tender committee (GTC) begged to differ from V. Fedorov, governor of the Territory of Sakhalin, in whose opinion the U.S.-Japanese combine of Exxon Corp.-Sakhalin Oil Development Co. (Sodeco) should have been pronounced winner at the bidding's end. GTC's decision also ran counter to the verdict by a panel of experts constituted by decision of the Examining Council under the Chairman of the Russian Government on Dec. 3, 1991, and headed by F. Salmanov, first deputy Minister of Geology of the U.S.S.R.
- OSTI ID:
- 5708361
- Journal Information:
- Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:12; ISSN OIGJA; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
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