Rosneft, Gazprom join forces offshore Russia

Offshore staff

MOSCOW – Rosneft and Gazprom agreed to establish and jointly operate new field development infrastructure offshore Russia.

The two companies will strive to identify the most efficient methods and solutions to drive exploration and development of Russia’s continental shelf by combining their technical and financial capacities.

They will also adopt a long-term business strategy taking in industrial, infrastructure, and socio-economic development. This will include creation of “high-tech” production facilities for the study, exploration and production of hydrocarbons, exploration of offshore fields, and the creation of transport and energy infrastructure.

They also intend to jointly ensure compliance with the terms of international agreements and Russian legislation governing environmental protection and safety, and the protection and preservation of offshore natural and mineral resources.

This will involve creating an environmental monitoring system, developing innovative environmental protection measures, and implementing an R&D program for E&P at offshore Russian fields. They also plan to put in place effective mechanisms to prevent accidents and emergencies, including joint regional emergency centers.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...