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.

Murmansk Shipping Company

Shipping major Murmansk Shipping Company this week announced that it will end all shipping operations from the Varandey terminal on the Barents Sea coast. The move could weaken the shipping company’s position in the Russian Arctic, analysts say.

The Norwegian Coastal Fishing Association prepares for a sea battle should the oil industry send their seismic vessels to the fishing fields during the catch season.

A small Norwegian company has developed new technology for CO2 capture, and is now ready for an international launch of the technology in Hammerfest on the Barents Sea coast.

The Melkoya LNG plant (

Norwegian energy major StatoilHydro has started injections of carbon dioxide from the Melkoya LNG plant into geological formations in the Barents Sea

Illustration: drilling on the tundra

In a joint bid with the Vietnamese company PetroVietnam, state-owned Russian oil company Zarubezhneft has won the licenses to 13 oil fields in the Nenets Autonomous Okrug.

The Norwegian part of the Barents Sea

The company EMGS intends to conduct electromagnetic scanning of more than 3000 square kilometres of the Barents Sea. The studies will make the oil companies more precise knowledge about resources in the area, the company says.

The Norwegian government intends to build new power transfer lines between the southern and northern parts of the country. The measure might give a boost to the generation of alternative energy along the Barents Sea

Melkoya LNG (Allan Klo,

Norwegian energy major StatoilHydro this week stopped production at its Melkoya LNG plant on the Barents Sea coast. The production stop is the second over the last six months.

The Prirazlomnaya platform (

The Russian Nature Control Authority (Rosprirodnadzor) has approved the conclusions in a status evaluation of the “Prirazlomnaya” platform, currently under construction in Severodvinsk, Arkhangelsk Oblast. The platform is built for the “Prirazlomnoe” oil field in the Pechora Sea

The Barents Sea

Norway will this year offer another four Awards in Predefined Areas (APA) in the Barents Sea, a statement from the Ministry of Oil and Energy says.

(Foto: StatoilHydro)

StatoilHydro had a net profit of 2 billion EUR in the first three months of 2008, which is the best result ever for a Norwegian company.

Putin in Admiralty Shipyard (

In his first official visit as prime minister, Vladimir Putin today visited the Admiralty Shipyard outside Sankt Petersburg. The visit comes as the shipyards in Sankt Petersburg are taking on a key role in the development of Russian shipping and the construction of offshore equipment

Melkoya LNG (Allan Klo,

The technical problems at StatoilHydro’s LNG plant at Melkøya in Northern Norway account for Norway’s three percent increase in greenhouse gas emissions in 2007.