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 major Total signs agreement with Novatek on the development of the Yamal LNG project, thus becoming the by far biggest foreign investor in the Russian Arctic.
Practically all new field operators in the oil-rich Timan Pechora province intend to take use of Lukoil’s Varandey offshore terminal. That will boost oil shipping in the Barents Sea.
We are working intensively to bring down the costs of the Shtokman project, a representative of Statoil says, adding that the project final investment decision can not be expected before the end of this year.
Statoil awards Technip to build world’s largest Spar platform for the Aasta Hansteen field outside the coast of northern-Norway. Production start-up is at the end of 2016.
Arktikmorneftegazrazvedka takes legal actions to prove that the towing of the “Kolskaya” rig was done without any violations. 53 people died when the platform overturned and sank in December 2011.
