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.
Regional authorities in Norrbotten, northern Sweden, have approved the construction of the biggest windmill park in Europe. The park planned in the municipality of Piteå will have more than 1100 windmills.
President Dmitry Medvedev did not get his desired Finnish green light for the Nord Stream pipeline project when meeting with his Finnish counterpart Tarja Halonen yesterday.
Head of the Shtokman Devlopment AG, Yury Komarov, last week reiterated that the Shtokman field development is on schedule and that production will reach 71 billion cubic meters by year 2020.
Foreign companies engaged in the development of hydrocarbon projects on the Russian Arctic shelf must meet Russian interests to the biggest possible extent, Russian Deputy Prime Minister Sergei Ivanov said in a meeting in the Maritime Board in Arkhangelsk today.
In his meetings with German Chancellor Angela Merkel yesterday, President Dmitry Medvedev praised Finland for its positive assessment of the Nord Stream pipeline project, and called on skeptical Sweden to take a similar position.
Norwegian energy major StatoilHydro will let BP use the rig Polar Pioneer from year 2011, although the company has a contract with rig owner Transocean until 2014. The Polar Pioneer, one of few rigs licensed for the Barents Sea, will be used in BP’s Skarv project in the Norwegian Sea.
The Shtokman project is technically viable and the Shtokman Development AG (SDAG) will make good money with an oil price of 60 USD per barrel, company leaders told the press.
Prime Minister Vladimir Putin has approved the bid of Arkhangelsk to become the main development base for the Shtokman project, Governor Ilya Mikhalchuk says.
