Rosneft Teams With Statoil to Develop Offshore Arctic

Barents Observer
Tuesday, June 26, 2012

Russian oiil major Rosneft teams up with Statoil's Helge Lund to drill in formerly disputed waters of the Barents Sea

Oil major Rosneft will establish a subsidiary in Norway, which is to develop Norwegian Arctic fields together with Statoil.

The documents signed by Statoil and Rosneft during the St. Petersburg Economic Forum are part of the comprehensive cooperation agreement concluded by the two companies on 5 May, a deal which gives Statoil a 33,4 percent stake in Rosneft’s promising Perseevsky field in the Barents Sea.

Now it is Rosneft’s turn to move across the border. The agreements signed in St. Petersburg will give the Russian oil giant a foothold on the Norwegian shelf. And it is the Norwegian Arctic which is of prime interest to Rosneft.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Subsea Forestry: Separating The Wood From The Trees…

Over the course of the last 20 years, oil and gas companies have cultivated a vast metallic forest beneath the world’s oceans, consisting now of some 5,800 installed subsea trees,

Primeline Turns Against CNOOC

Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC

Olympic Pact with Canyon Offshore

Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of

News

Iranian Port Deal: Modi's Masterstroke

Indian Prime Minister Narendra Modi signed a deal to develop the Chabahar port in Iran for which India will extend $500 million. The historic pact makes Chabahar

Winners of Ferry Design Contest Selected

Winners of International Student Design Competition for a Safe Affordable Ferry to be revealed at the Ferry Safety and Technology Conference   Dr. Roberta Weisbrod,

Maritime Consolidation: Palfinger Aims to Acquire Harding

As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire

 
 
Maritime Security Maritime Standards Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1077 sec (9 req/sec)