The biggest shareholder in Heilo is Gas de France Suez (GdF Suez). Repsol and Rocksource are also partners in the project. The Chinese state company China Investment Corporation recently bought 30 percent of the oil and gas division in GdF Suez, thus bringing the Chinese state indirect access to the oil and gas activities in the Barents Sea.
- We have great confidence that we can find oil, but it is hard to say how much, so this is exciting, says CEO Erik Karlstrøm in North Energy to Fremover. The company has a 20 percent stake in the field, the same has Front Exploration. The two Northern Norwegian oil companies are going to cooperate on drilling at Heilo.
Exploration drilling will be conducted by the rig “Aker Barents”, and is expected to start in a short time. Drilling will continue for 50 days, after which “Aker Barents” will go in to the Zappfe prospect nearby the Goliat field.
Russia plans to resume testing of the submarine-launched ballistic missile Bulava this summer. The country’s two newest strategic nuclear-powered submarines will start trials as soon as the ice conditions in the White Sea will allow.
MURMANSK: Ecological groups gathered on Kola Peninsula fear that Barents nature will be the looser after Oslo decided to call off the environmental minister’s Moscow meeting in response to Russia’s annexation of Crimea.
TROMSØ: Since the first five specimens of snow crab were found in the Barents Sea in 1996, the population has exploded. There is now ten times as much snow crab than king crab in the area, and scientists are just starting to find out how this new species has adopted to life in the Barents Sea.
More than 900 reindeer die of hunger on the Russian Arctic island of Kolguyev following a critical lack of available local pasturelands. The reindeer stocks in the area are too badly managed, regional authorities admit.
The current situation in Ukraine makes cross-border cooperation with the neighboring countries even more important, Barents Secretariat leader Rune Rafaelsen says. At the same time, Norway has joined NATO’s condemnation of Russia’s military escalation on the Crimea peninsula.
Board member Amund Trellevik in the press network fears entry-denial of Kremlin’s controversial propaganda-journalist Dmitry Kiselyov could be retaliated by refusing Norwegian journalists access to Russia.