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.
Norway will start collecting petroleum-related data from the formerly disputed areas in the Barents Sea as soon as Russia ratifies the delimitation treaty on the region.
Statoil CEO Helge Lund is heading to Moscow to meet with President Vladimir Putin. The company is about to be ejected from the Shtokman project, analysts say
Lukoil and ConocoPhillips jointly established the Narjanmarneftegaz company for the development of the Yuzhno-Khilchuyu field. Now the Americans leave the project, which became a headache for both companies.
