Billions are invested in the Zvezda yard outside Vladivostok to make it capable of meeting Russia’s growing demand for ice-protected ships and platforms.
The Korean Hyundai yard is postponing the delivery of the Goliat platform, the first oil production unit made for Norwegian Arctic waters. Meanwhile, production in the Norwegian Sea continues to decline.
Russia’s Federal Grid Company, operator and manager of Russia’s unified electricity transmission grid system, plans to build a 9 billion rubles energy bridge between Russia and Norway.
The Norwegian Petroleum Directorate’s resource accounts, which are updated as of 31 December 2013, show that the total recoverable petroleum resources on the Norwegian shelf are estimated at 14.2 billion standard cubic meters (Sm3) of oil equivalents (o.e.).
OULU: Scientists are now looking into the potential for electricity production wined from geothermal energy reservoirs in Svalbard. Further, they are considering the possibility of combining this with carbon dioxide capture and storage.
The gas monopoly is moving its main offshore development company to the Russian Pacific coast. At the same time, a new unit is established in Murmansk.
