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.
Seismic studies conducted in the northern parts of the Kara Sea show that the area has a “highly promising” hydrocarbon potential, the PGS company confirms.
Rosneft and Eni are starting up seismic mapping of the Fedynsky High, the formerly disputed waters believed by many to be the most perspective area in the Barents Sea.
Fennovoima signs agreement with Rosatom aiming at a nuclear power plant supply contract for Finland’s new nuclear power plant to be built south of Oulu. Will be the second nuclear power plant in the Barents Region.
The China National Petroleum Corporation’s acquisition of a 20 percent stake in the Yamal LNG project gives the state-owned energy giant access to Russia’s new Arctic infrastructure hub.
Commemorative drilling No. 100 for Statoil in the Barents Sea was nothing else than a big disappointment. Hoping for oil, the result was a tiny non-commercial gas discovery.
Scientists urged the Norwegian government to protect the invaluable spawning grounds of the northeast Arctic cod, despite its potential value as an oil field.
The oil company is ready to invest in regional infrastructure, establish oil base facilities and develop a new regional gasification system based on LNG.
Facebook has signed a five-year agreement with the energy producer Vattenfall AB on renewable electricity for its computer center in Luleå in Northern Sweden.
