Languages

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.

This giant platform currently under construction in South Korea could be ready to pump the first Barents Sea oil already next fall.

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 from the giant Vankor project could be taken out via a projected terminal in the Yenisey River.

Crown Princess Victoria of Sweden pays visit to Markbygden, the Arctic forest lands which will host one of the world`s biggest wind farms.

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.

Russian oil major Rosneft in 2013 conducted more than 32 thousand kilometers of 2D seismic mapping in its offshore license areas.

The development of a LNG plant in Karelia is to help boost the level of gasification in Murmansk.

Gazprom wins another six lisences in the Kara Sea and is fighting Rosneft over an additional eight areas in the Barents Sea.

There is a growing Norwegian-Russian industrial cooperation going on in the Arctic.

The Norwegian Petroleum Directorate has completed its acquisition of 2D seismic in the northeastern part of the Norwegian sector of the Barents Sea.

First deepwater well in western Barents Sea will now be plugged and abandoned. Seismic data acquisition ended in northeaster Barents Sea.

Only one year after project launch, Gazprom significantly reduces its production plans for the giant Bovanenkovo field.

The mounting debts of the main regional power generating company TGC-2 is resulting in electricity supply cuts in local grids.