Latest news
Russia postpones Arctic drilling plan for up to three years
The Russian Government has made known about its plan to defer its drilling operations on the Arctic Shelf for about three years.
read more... 02/10/2015
Statoil achieves final stretch of Polarled pipeline to connect Arctic with Europe
The last piece of Statoil's 482.4-km long Polarled Pipeline was put in place at the Aasta Hansteen field at a depth of 1,260 metres in the Norwegian Sea.
read more... 01/10/2015
Statoil makes gas discovery close to Aasta Hansteen field
Energy company Statoil made another gas discovery close to its Aasta Hansteen field in the Norwegian Arctic, further developing the gas resource in one of its largest ongoing projects, as it declared on Monday.
read more... 14/04/2015
Gazprom Neft to continue expanding its portfolio in Russian Arctic
Gazprom Neft, a branch of Gazpromneft Sakhalin, has been granted subsoil-use rights to two licence blocks in the Russian Arctic.
read more... 20/01/2015
Rosneft and Exxon strike oil discovery offshore Arctic oil
Russia’s first crude oil producer Rosneft and the major Exxon Mobil Corp. unveiled an oil discovery at the controversial offshore Arctic field amid Western sanctions against Moscow.
read more... 29/09/2014