Oil Exploration Ships News

Zvezda Shipyard Comes Up Despite Western Sanctions

German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik. According to Director of the Far Eastern enterprise Yuri Filecroc, German and Finnish partners are working at the shipyard diligently, as they are interested in the job. "We hope they will cooperate with us, as these companies are global leaders," he added. The “Zvezda” factory, located in Russia’s Far East, is the leading plant for repairing submarines of the Pacific Fleet. It is also the region’s unique engineering complex for fixing, upgrading and modernizing ballistic missile submarines. The shipyard will become operational in 2016. It will build vessels for hydrocarbon exploration in the Arctic.