Vostco Yard News

Engineering major Kværner will be a key player in the development of Rosneft and ExxonMobil’s grand projects in the Kara Sea. In the presence of President Vladimir Putin, the leaders of Rosneft and ExxonMobil announce the name of the company, which will be responsible for concepts, design and ultimately the construction of a specialized platform for the two companies’ three major projects in the Kara Sea. The company chosen is the Vostco Yard, the far eastern yard with experiences from the Sakhalin offshore projects.

Rosneft and ExxonMobil select Vostochniy Offshore Structures Construction Yard for concept evaluation and feasibility study. The platform is needed for the safe exploration of the Kara Sea's shallow waters, with key attributes of safe operation, environmental protection measures for operating in Arctic conditions, and having the ability to withstand extreme ice, wind, wave and temperature conditions. The study will evaluate the feasibility of utilizing a gravity base structure that could extend the drilling season by several months. Designed to operate in up to 60 meters (200 feet) of water, the structure with drilling equipment would be installed on the seabed to drill a well and then would be refloated and moved to other drilling sites.