Page 5: of Offshore Engineer Magazine (Nov/Dec 2013)

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Online Exclusive

Arctic spotlight shines on Russia

The challenges of operating in the arctic are multiple – not least offshore Russia, where most agree the largest resources are to be found. Elaine Maslin reports from the SPE Arctic & Extreme conference in Moscow.

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The Norwegian Petroleum Directorate of exploration (NPD) released a report appraising five field replacing developments on the Norwegian Continental

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Shelf with investments exceeding NOK leaving BP at the 10 billion (approximately US$1.7 billion). end of 2013 after 28 years with the firm.

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