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Atle Staalesen

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Content by Atle Staalesen

The nickel company is ready to sell a string of non-core assets, among them the Arkhangelsk Sea Port.

The two companies will support each other in bids for offshore projects and together counter the power of Rosneft. A key part of the cooperation will unfold in the Barents Sea.

Norwegian oil terminal company Norterminal is boosting its position in Russian Arctic energy as it takes on reloading of more oil from Lukoil’s Varandey terminal. 

Low oil prices and sky-high development costs notwithstanding, Russia’s Minister of Natural Resources says works on the Arctic shelf must be intensified.

Russia’s new battle tank is designed for operations in extremely low temperatures. It could be based in the Kola Peninsula, near the borders to Norway and Finland.

The yard has been acquired by Rosneft, but the shipbuilders in Roslyakovo will still continue to serve the Northern Fleet.

The low oil price takes its toll on the Norwegian shelf.

Eni’s new Arctic platform reaches its destination in the Barents Sea. Production will start this summer, the company says.

Use of Russian-made equipment on the shelf will give tax relief, the government says.

Russia’s new anti-aircraft weapon system will be rolled around in downtown Murmansk during this year’s 9th May parade.