Sakhalin Energy

Sakhalin Energy is a major player in the energy and oil and gas industries, renowned for its groundbreaking Sakhalin-2 project. Founded in 1994, the company operates as the centerpiece of the Sakhalin-2 project, alongside Gazprom (50% plus 1 share), Shell (27.5%), Mitsui (12.5%), and Mitsubishi (10%) as shareholders. The scope of the Sakhalin-2 project is truly impressive, involving the development of the Piltun-Astokhskoye (mostly oil) and Lunskoye (mostly gas) fields off the north-eastern coast of Sakhalin. The company has executed a highly complex project that encompasses the construction of three offshore production platforms, an onshore processing facility, a 300-kilometer offshore pipeline system, and an 800-kilometer trans-Sakhalin pipeline system leading to the Prigorodnoye production complex. Furthermore, the company boasts the distinction of operating the first liquefied natural gas (LNG) plant in Russia as part of the project. Overall, Sakhalin-2 represents a truly remarkable engineering feat within the global oil and gas industry, solidifying the company's status as an influential and pioneering entity in this sector.