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.
French oil company will invest about 800 million USD in the further development of the Kharyaga field. Among the investment objects is a 300-person housing complex for workers.
The Shtokman and Nord Stream projects were on top of the agenda when Gazprom leader Aleksey Miller yesterday met with French Ambassador to Russia Jean De Gliniasty.
The energy company Total is spending 120 million EUR on the Victoria well, which is considered to be the most important exploration drilling on the Norwegian continental shelf in 2009.
The Det norske oil company has given the University of Tromsø a 8.7 million NOK grant to be spent on the acquisition of an advanced XRF scanner. -We have great plans for northern Norway, the company’s CEO says.
The Norwegian government has decided to open up for year-around ship-to-ship reloading of oil in the fjord outside Kirkenes, near the border to Russia. The decision comes at the same time as Norwegian Prime Minister Jens Stoltenberg visits the Arctic border town.
The Russian government is ready to significantly cut red tape for investors in oil and gas projects on the Russian Arctic shelf. The facilitated procedures will not reduce focus on environmental standards, government officials maintain.
The development of the first phase of the Shtokman project was on the agenda when Gazprom Deputy Aleksandr Ananenkov today met with owner representatives of the Shtokman Development AG.
