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.
Norwegian Arctic waters will be more important than the North Sea after 2030, a new report suggests. One of eight projected new field centers is located near the border to Russia.
Oil companies are eager to drill in the Norwegian part of the Barents Sea, but might be reluctant to take on the highly perspective waters near the border to Russia.