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Statoil did not discover oil in the controversial Apollo well near Bear Island.

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.

StatoilHydro on Barents Sea coast

The Norwegian Pollution Control Authority demands that StatoilHydro takes measures to cut emissions from the Melkøya gas plant on the Barents Sea coast.

Varandey terminal (jscez.spb.ru)

Lukoil’s recent agreement with China’s Sinopec includes three million tons of oil from the Yuzhno Khilchuyu field in the Nenets Autonomous Okrug. That is almost half of next year’s production at the newly opened field.

Rogaland Governor Tom Tvedt and head of NAO Igor Fyodorov.

The Norwegian County of Rogaland has signed a new cooperation agreement with Nenets Autonomous Okrug in northern Russia.

Photo: usinsk.e.ru

Shipping major Sovcomflot will next year start shipping of oil along the Northern Sea Route, the company’s deputy General Director said last week.

Liv Signe Navarsete

The Norwegian Centre Party, one of the three parties in Norway’s left-wing coalition government, rejects starting a consequence study on oil and gas activity in Lofoten.

Photo: sevmash.ru

The Korea-based Daewoo Shipbuilding is ready to bid for oil and gas projects together with with the northern Russian shipyard of Sevmash.

Arkhangelsk Thermal Plant (photo: Wikipedia)

One of the biggest energy consuming units in Arkhangelsk Oblast, the Arkhangelsk Thermal Plant, will be connected to the Russian gas pipeline grid in late March and transformed from oil to gas use in the course of summer.

Total

Oil company Total might be preparing for new major investments in the Barents Sea, Norwegian analysts believe.

The Pechora Sea

The Sintez Group is about to sell its 50 percent stake in Arktikshelfneftegaz, the company which controls the license to the Medynsko-Varandey oil field in the Pechora Sea. State-owned Zarubezhneft is the most likely buyer of the stake.

The Yuzhno-Khilchuyu field (Photo: BarentsObserver)

US oil major ConocoPhillips will this year sell all its 20 percent in Lukoil. The Russian company will itself buy the shares, and thus also becomes the sole owner of regional subsidiaries like the Naryanmarneftegaz in the Nenets Autonomous Okrug.

Photo: BarentsPhoto.com

The Shtokman Development AG has signed a plan of cooperation with the far northern and oil-rich Nenets Autonomous Okrug.

Murmansk Harbour (BarentsPhoto.com)

An economic zone in Murmansk will be introduced in three stages, regional Governor Dmitri Dmitriyenko says.

The "Geo Pacific" (Photo: Bellona.org)

The Norwegian government will allocate another 180 million NOK to seismic mapping in its Arctic waters.