During the 10th annual Russian-Norwegian oil and gas conference, mr Ole T. Horpestad, Special Advisor, Ministry of Foreign Affairs, announced that the Ru-No Barents project (Russian - Norwegian oil and gas industry cooperation in the High North) has recieved 6 million NOK over three years as Governmental financial support and cooperation.
The project start-up will be February 1st. Ministry of Petroleum and Energy, The Barents Secretariat, North Energy, ConocoPhillips, Shell, GDF Suez, Norwegian Association of oil and gas Industry, Federation of Norwegian Industries, FMC Technologies, University of Nordland/High North Center for Business and Governance, Petroarctic, Tschudi Shipping, Gazprom, Shtokman Develoment AG, Sozvezdye, Union of oil & gas industrialists of Russia and Murmanshelf have already committed support to the project.
The main objective of the project is, through industry cooperation and knowledge of Arctic technology needs, to contribute to the growth of the Russian and Norwegian based industry participation in the future petroleum endaevours in the High North.
The project will:
1) Assess common technology challenges Russia and Norway face in the development of the High North.
2) Analyze existing technologies, methods and best practice Russian and Norwegian industry can offer for the High North today.
3) Based on the above: Visualize the need for innovation and technology development the industry in our two countries needs to overcome.
4) Promote stronger industrial links between our two countries.
The five predefined main focus areas are:
1) Drilling, well operations and equipment
2) Pipelines and subsea installations
3) Floating and fixed installations
4) Logistics and transport
5) Environmental protection, monitoring systems and oil spill contingency