The Russian Ministry of Natural Resources this week informed that it has approved Zarubezhneft`s bid for status as eligible shelf operating company.
During a recent visit to St. Petersburg, Rosgeology General Director Roman Panov said that Rosgeology plans to upgrade and re-equip its vessel fleet in order to better conduct geological surveys in Russian waters.
Following recent SOLAS approval, Viking has launched a new dual-approved thermal lifejacket that raises the bar for its competitors, the company reported in a news release.
Norway is set to permit offshore oil and gas exploration in Arctic waters vulnerable to sea ice, angering some opposition politicians and environmentalists who say ice sharply raises risks of accidents.
Rosneft and ExxonMobil have signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide, Rosneft reported in a news release.
The Russian Ministry of Natural Resources is taking efforts to overcome the growing conflict of interest between the two Russian state-controlled energy giants, Barents Observer reports.
The Arctic Council reached a legal agreement that would govern procedures meant to respond to oil spills in arctic waters, UPI reports.
Arctic territory off the northern coast of Alaska is a key element of U.S. national and energy security interests, a national plan states, UPI reports.
WEB EXCLUSIVE, Moscow. Russian Prime Minister Dmitriy Medvedev signed a new government decree, published May 3, that grants Gazprom exclusive development rights for four new offshore fields in Russia's sector of the Barents Sea.
The licenses to the Demidovsky, Medvezhii, Fersmanovsky and Ledovy fields are granted to Gazprom without tender, a government press release reads, according to Barents Observer.