RPI has systematically analyzed the status of offshore projects. Indeed, this is the fourth time this report has been updated with the latest editions focusing on the requirements of production companies for technological equipment and services provided by contractors. Each successive edition builds on the cumulative knowledge base and data gleaned in the process of ongoing oil and gas market research. many projects have been closed or rolled back, other projects have been unexpectedly resumed, many field licenses have been issued to subsoil users, while sweeping legislative and taxation amendments have also been made. Specifically, such high-profile projects as Kashagan are finally due to start up in the Caspian Sea and the Prirazlomnoye field in the Russian Arctic in 2013, while several large international companies commenced operations on the Russian shelf in 2012-2013, thus rapidly propelling the development of license blocks.
To Know More : Offshore Oil and Gas Industry of Russia
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