Last year three Solstad vessels spent the summer months up north in Russian waters, while this year the number more than doubles to seven vessels. [Read more…] about 10 Solstad vessels departing for Russia and Africa
The Arctic continental shelf is estimated to hold vast deposits of hydrocarbons and rare earth minerals. [Read more…] about Russian and Norwegian companies to drive oil and gas industry in the Arctic
Russia says it will launched Nord Stream 2 pipeline to Germany before the end of next year, a week after the United States imposed sanctions on major natural gas project, forcing a major contractor to halt work on the last section of the pipe. [Read more…] about Russia says to complete Nord Stream 2 pipeline to Germany before end of 2020
December 2nd was a notable day in the strategic relationship between Beijing and Moscow, which saw the first shipments of Russian natural gas to China via the much-awaited Power of Siberia pipeline. [Read more…] about Strategic upside behind Russia’s $55 Billion ‘Power Of Siberia’ pipeline to China
Bentec today announces that it has signed a multi-million euro contract with the drilling division of INK-Service Group for the manufacture of seven latest generation 320t cluster slider rigs. [Read more…] about Bentec wins multi-million euro contract for seven 320t cluster slider drilling rigs
LNG contractor TechnipFMC has been awarded an engineering, procurement and construction (EPC) deal by Novatek for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia, Russia. [Read more…] about TechnipFMC scores multi-billion dollar Arctic LNG 2 job
The consequences of climate change are also being felt in Russia. Russia therefore intends to ratify the Paris Climate Agreement in order to assert its own interests in future negotiations on climate protection. [Read more…] about Russia wants to ratify Paris Climate Agreement
Just recently the vessel Solitaire started laying the first line of the Nord Stream 2 twin gas pipeline in Russian waters. [Read more…] about Solitaire starts 100 km section of Nord Stream 2 pipeline from Russian waters
Russia is looking at how to develop a market for hydrogen in Europe, a move that would help maintain demand for one of its primary exports as governments everywhere work to cut pollution.
[Read more…] about Russia looks to hydrogen as way to make natural gas greener for Europe
Lukoil’s cumulative production of oil in Russia has exceeded two billion tonnes.
[Read more…] about Lukoil oil production in Russia exceeds two billion tonnes