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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.

In the course of the last year, Norwegian industry has reduced power consumption with about 30 percent. That has resulted in a major Norwegian power surplus.

Dmitry Dmitriyenko

Governor of Murmansk Oblast Dmitry Dmitriyenko says it will be impossible for Russia to develop the Shtokman field in the Barents Sea without contributions from foreign partners. At the same, time he believes the grand gas project will give a boost to small and medium-sized companies in the region.

Shtokman field

Gazprom and the governmental commission for natural resources says the Shtokman field’s C1 deposit holds 53,3 million tons of gas condensate.

Photo: Gassco.no

After a more than 20 percent drop in gas exports to the EU in 2009, Russia’s Gazprom this year intends to retake, and even increase, its European market share. That will be to the disadvantage of the country’s biggest competitor – Norway.

The Prirazlomnoe platform

The Sevmash and Zvezdochka shipyards in Severodvinsk must complete the construction of the Prirazlomnaya platform and the Arkticheskaya jack-up rig in 2010, Gazprom Deputy Aleksandr Ananenkov stressed during his visit to the yards on Friday.

The gas field Gro located in the Norwegian Sea could be gigantic, an analyst says.

Igor Sechin (photo: government.ru)

More companies should be engaged in exploration and production on the shelf, Russia’s Deputy Prime Minister Igor Sechin said.

Photo: sovcomflot.ru

When developing the offshore shelf, Gazprom will seek to replace foreign-made equipment with analogues from Russian yards, company leaders told Russian shipbuilders.

Photo: Mchs.gov.ru

An explosion yesterday took place at the oil tanker “Dzhamrat”, moored in the Port of Murmansk, following an uncontrolled increase of pressure in one of the vessel’s tanks.

Photo: Gassco.no

Amid an eight percent increase in EU gas imports in the first half of 2010, Gazprom lost another 14 percent of the regional market share.

The Barents Sea and the Kara Sea

A proposed law amendment from the Ministry of Natural Resources suggests to significantly improve foreign companies’ access to Russian strategic resources.

The Aker Barents (Photo: myaker.net)

Oil company Shell confirms that its exploration drilling at the Dalsnuten prospect in the Norwegian Sea proved unsuccessful.

Murmansk heating (photo: Atle Staalesen)

By year 2020, Murmansk Oblast will cut energy consumption by 40 percent, regional Governor Dmitry Dmitriyenko says.