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.
Gazprom long negotiated with Novatek over an ownership stake in the Yamal LNG project. Now the company instead decides to buy a huge portion of gas from the plant.
The Norwegian drilling company is taking over a share of Russia’s most polluting industry as part of its new comprehensive deal with oil major Rosneft.
MINOT / NORTH DAKOTA: This U.S. shale formation produces over a million barrels of oil per day at a break-even price offshore drillers in the Barents Sea never even can dream about.
”This will generate value for the Norwegian people for decades,” says Minister of Petroleum and Energy Tord Lien with the thumb up for Arctic drilling as the Goliat platform arrives Hammerfest.
