The two companies on Monday signed a number of agreements, among them on the establishment of an operating company for three major projects in the Kara Sea and on the “principles of operations” for the new joint venture, a press release informs.
The agreements were blessed by Prime Minister Vladimir Putin, who in a meeting with ExxonMobil President Rex Tillerson highlighted the historical character of the deals, a transcript from the government reads.
The agreements follow up the strategical partnership announced by the companies on 30 August 2011. A cornerstone in the partnership is the three licenses included in the Vostochno-Prinovozemelskie structure, as well as the Yuzhno-Russkoe field. The fields together have reserves estimated to more than five billion tons of oil and eight trillion cubic meters of gas.
Both Rosneft leader Eduard Khudaynatov and Exxon’s Rex Tillerson in the meeting with the Premier underlined that the tax breaks for offshore projects now announced by the government is of key importance for the partnership.
Rosneft will in 2012 start the collection of seismic data from the Kara Sea and intends to engage in exploration drilling in the area starting from 2014. The company has preparations for its seismic summer in the area and in January and February held public hearings in several northern Russian towns, among them Arkhanglsk and Salekhard, as well as the villages of Iskateley (Nenets AO) and Yar-Sale (Yamal-Nenets AO), Oilru.com reports.
Russia’s only aircraft carrier, the Northern Fleet’s “Admiral Kuznetsov”, has finished repairs and is ready to leave the port of Murmansk. According to a Russian news agency, the vessel will sail to Syria.
A century and a half ago, Norway was home to roughly three thousand brown bears, the majority of bears in all of Scandinavia. By 1930, the bears were virtually extinct. Decades of aggressive management tactics and bounties had wiped out one of the area’s most iconic species.
Microplastics, the tiny plastic particles that are accumulating in marine waters and big lakes around the world, are now showing up in the Arctic waters south and southwest of Svalbard, Norway, a new study says.
REYKJAVIK: The climatic changes taking place in the Arctic are a call to action for the world. We must answer with more international cooperation and more research, says Tore Hattrem, State Secretary of Norway’s Foreign Ministry.
“Partnership should and shall shape the development of the Arctic, therefore cooperation is the starting point for our Arctic policy,” Vladimir Barbin, Senior Arctic Official and representative to the Arctic Council, said at the Arctic Circle 2015 assembly.
August 9th, the Barents Region celebrated the UN International Day of the World’s Indigenous Peoples. The day was commemorated in several parts of the region, including Karasjok in Northern Norway and Teriberka in Northwestern Russia.
Norway’s Foreign Minister Børge Brende has asked Russia for an explanation to the high number of asylum seekers coming to Norway via Russia. Syrian refugees that have lived in Russia for a long time, will be stopped on the border and sent back.