So far 37 tenders for the development of the giant Shtokman gas field in the Barents Sea have been announced. The tender procedures will be finished by March 2010.
Norwegian engineering major Aker Solutions considers the establishment of a base in northern Norway, which is to help the company get deals in Russia and the Barents Sea.
The stagnating drop in Russian GDP gives reason to believe that the Russian economy is facing revival, Deputy Minister of Economic Development Andrei Klepach said this week.
Foreign investments in Russia dropped with 30.9 percent in the first half-year. Russia invested nearly 17 percent less in foreign countries in the same period.
Thomas Nilsen has been appointed new editor of BarentsObserver. Nilsen, who takes over the position from the end of August, has more than 20 years experience from cross-border cooperation with Russia in the north. In addition to work for the Norwegian Barents Secretariat, he has background from both journalism and environmental work.
