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Home* News and Stories → Rus­si­an-Nor­we­gi­an oil coope­ra­ti­on in the nort­hern Bar­ents Sea

Rus­si­an-Nor­we­gi­an oil coope­ra­ti­on in the nort­hern Bar­ents Sea

In ear­ly May, the Nor­we­gi­an Sta­toil and the Rus­si­an Ros­neft have signed a con­tract in Moscow in the pre­sence of prime minis­ter (now pre­si­dent) Putin to joint­ly explo­re and explo­it the Per­sey­evs­ky oil field in the Rus­si­an sec­tor of the nort­hern Bar­ents Sea. The Per­sey­evs­ky field ist east of Spits­ber­gen, west­sou­thwest of Franz Josef Land. The eco­no­mic poten­ti­al is belie­ved to be near 35-40 bil­li­on US-$. The sea is 150-250 metres deep and regu­lar­ly cove­r­ed with sea­so­nal drift ice.

Seis­mic explo­ra­ti­ons are sup­po­sed to cla­ri­fy the geo­lo­gi­cal struc­tures over the next years. The first explo­ra­ti­ve dril­ling is plan­ned for 2020.

The con­tract also inclu­des Nor­we­gi­an-Rus­si­an coope­ra­ti­on for several oil- and gas fiel­ds in Russia’s far east. In return, Ros­neft will get enga­ged in Nor­we­gi­an acti­vi­ties in the North Sea and the Nor­we­gi­an sec­tor of the Bar­ents Sea.

Oil plat­forms in the North Sea. Views simi­lar to this one will get more and more com­mon also in the nort­hern Bar­ents Sea.

Russian-Norwegian oil cooperation: Oil platforms

Source: Bar­ents­ob­ser­ver

By the way, my new book is in print and it can now be orde­red 🙂 it is a pho­to book with the tit­le “Nor­we­gens ark­ti­scher Nor­den (1): Spitz­ber­gen – vom Polar­licht bis zur Mit­ter­nachts­son­ne”, with Ger­man text Click here for fur­ther details!

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last modification: 2014-07-01 · copyright: Rolf Stange
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