Industry and Energy
With a budget deficit of 23 billion rubles, Russia’s new gateway to the Arctic could be delayed.
«It will last at least until year 2020».
With operations more than 400 kilometers north of mainland Norway, Greenpeace says it is the most controversial and aggressive drilling globally this year.
Only the new plant in Murmansk, a key project component, will employ up to ten thousand people, the company chairman says to Prime Minister Medvedev.
License areas in the Pechora Sea and south Kara Sea are up for seismic shooting.
Airliner that flies with half of seats empty between Oulu, Luleå and Tromsø is hoping to gather fresh cash.
The Arctic LNG-2 will be bigger, cheaper and based on new technology put together by engineers in Murmansk.
Production moved from Taimyr Peninsula to Kola Peninsula following the closure of the nickel plant in Norilsk.
Loaded with liquified gas from Norway’s Snøhvit field, the «Christophe de Margerie» is making it unescorted across the Northern Sea Route to South Korea.
Drilling results from the Kruzenshternskoye field in Yamal are very prospective, natural resource Minister Sergey Donskoy reveals in an interview.
The hope was to find additional oil resources, but the like with the drilling in late July, the findings were more gas.
The «Nanhai-VIII» spuds this year’s only offshore well in the oil-rich Russian Arctic region.
Siste/ mest lest
The two reactors on “Akademik Lomonosov” will not have uranium fuel on board when being towed around Scandinavia next year.
“This is not the result were hoping for,” says Jez Averty with Statoil after latest Barents Sea drilling.
Twenty million tons of crude oil has been shipped out of the Russian Arctic in the last six months, shipping major Sovcomflot announces. The company says its new Arctic tankers will be run by gas.
Business tycoon Maksim Vorobyov and his Russian Aquaculture acquires Villa Smolt AS, a Norwegian company with license to produce an annual 5 million young salmon and trout fish.
The Johan Castberg will come on stream in year 2022 and prepare the way for the development of more northern fields, a new company report reads.
And it will happen in the course of the next ten years.
The Kayak well in the Barents Sea is believed to hold up to 50 million barrels. The discovery can possibly be connected to the development of the nearby Johan Castberg field.
The semi-submersible «Nanhai VIII» will soon head to the Leningradskoye field off the coast of Yamal on a drilling mission for Gazprom Neft.
«This will truly be a unique oil field», Rosneft leader Igor Sechin says as he gives the president a core sample from the ongoing Arctic drilling operation.
Prime Minister Medvedev gives thumbs up for gas company Novatek’s grand plans off the coast of Murmansk.
New exploration acreage is vital for our jobs and economy, the country’s oil minister highlights as he invites the oil industry into the most pristine part of the Norwegian shelf.
The Italian power generator wins a Russian government tender on the construction of a 201 MW capacity park in the Russian Arctic region.
Drilling in the Gulf of Khatanga by the Laptev Sea indicates significant resources, the state oil company says.
A joint Russian-Saudi investment fund is in the making. Novatek’s projected Arctic LNG could be the first to get funding.
Gazprom Neft starts testing of two wind power generators and 30 solar panels at its new Novy Port field.
Bulldozers and excavators are shipped from Yamal to Murmansk where the gas company is getting ready for its next mega-project.
Profits are mounting, but Russia’s biggest producer of phosphate-based fertilizers still decides to move the registration of its key asset away from the Murmansk region.
Unclear what will happen at the former busy facilities of Reinertsen Northwest Russia.
They should be developed in cooperation with the French, Chinese and other foreign partners, the President said at the name ceremony of Russia’s first ice-class LNG carrier «Christophe de Margerie».
The building of the Kola Yard is «extremely important» for the development of LNG projects in the Arctic, the gas company
says.
More than 9 thousand tons of equipment is shipped to Sabetta as the company gets ready for well drilling in its Tambey fields and the Kruzenshternskoye license.
The area, parts of which are located in ice-covered waters, could hold more than 2 billion standard cubic meters of oil equivalents, a new report says.
A year and a half into Alaska’s recession, in which thousands of jobs have been lost statewide, Alaskans are looking for salvation. Some see it in a sound fiscal plan, with the definition of “sound” being up for debate, others in a natural gas pipeline that will cost the state billions of dollars. And some are content to simply wait for the price of oil to bounce back, as it’s always done before.