Ukraine Pushes Ahead, the West Sends Mixed Signals, and China Draws Closer: Rosatom’s Uneasy Month
Even as the war grinds on, Ukraine continues to expand its civilian nuclear ambitions. Britain has tightened sanctions on Russia’s nuclear sect...
News
Competition between Statoil and Hydro is favorable for Arkhangelsk
Publish date: March 24, 2006
Shortcuts on this page
News
Competition between Statoil and Hydro is favorable for Arkhangelsk
According to a Head of the Arkhangelsk Department of Economic Development, Yevgenii Mikhailovskii, a competition between the two Norwegian petroleum companies Hydro and Statoil has favorable effects in the Arkhangelsk region.
The two companies support different contractor development centers in the city and both fight for a stake in the Shtokman gas project in the Barents Seaб BarentsObserver reported. “No doubt, our port is at disadvantage in comparison with the one in Murmansk, that’s why it is very important for us to attract these companies to Arkhangelsk”, Mikhailovskii explained.
Statoil and Hydro opened their centers "Sozvezdiye" and "Intershelf" on respectively 13 and 21 February. These are the companies’ respective centers for training local companies to become suppliers in regional petroleum projects. The"Sozvezdiye" center is officially owned by the Arkhangelsk regional administration.
More News
All news
Europe’s Russian LNG Dilemma Deepens as Shadow Fleet Risks Mount in the Arctic
As the European Union tightens sanctions on Moscow, Russia’s Arctic energy exports continue to find buyers—and increasingly rely on opaque and potent...
Bellona Raises NOK 13 Million, Avoids Bankruptcy
A fundraising campaign launched by the Bellona Foundation has succeeded in securing the organization’s future and averting bankruptcy. ̶...
Below the waterline, there’s an elegant climate solution
The shipping industry has a harmful secret—hiding just beneath the waterline. Barnacles, algae and microbial slime covering ship hulls may seem like ...