Russia Allow Foreign Companies to Develop Off Fields

Source: Reuters 9/28/2010, Location: Asia

Russia's government commission for legal activities has approved the Natural Resource Ministry proposal to allow foreign companies to develop offshore oil and gas deposits.

"We are looking to expand offshore development not only to more Russian companies but to foreign ones as well," said Denis Khramov, deputy director of the subsoil department in the Ministry of Natural Resources.

Khramov, speaking at an oil and gas conference in Russia's Far East island of Sakhalin said the ministry's proposal was already approved by the government committee for legal activities.


Brazil >>  5/11/2022 - Prosafe has been declared the winner of a bidding process for a four-year contract by Petróleo Brasileiro SA (‘Petrobras’) for the provision of the Sa...
Trinidad and Tobago >>  5/11/2022 - Subsea 7 has announced the award of a sizeable1 project by BP for the TOPR project located offshore Trinidad and Tobago, in water depths of up to 280 ...

Sri Lanka >>  5/9/2022 - On April 27, the heavy lift vessel Katori, owned by NYK Bulk & Projects Carriers Ltd. (NBP), a member of the NYK Group, rescued 11 crew members from a...
Bahamas >>  5/6/2022 - DOF Subsea is pleased to announce that an option has been exercised for the vessel Skandi Africa. The new commitment will now run until February 2024 ...

Germany >>  5/5/2022 - Höegh LNG Holdings Ltd. ("Höegh LNG") announces it has signed binding implementation agreements with the German Federal Ministry for Economic Affairs ...
Germany >>  5/4/2022 - DEME has entered into an agreement with German shipping and logistics company Harren & Partner to sell the DP2 jack-up installation vessel ‘Thor’.

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.