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Finnish-Russian firms to develop oil spill response tech

Posted at September 10, 2017 » By : » Categories : News » Comments Off on Finnish-Russian firms to develop oil spill response tech

Finnish-Russian firms to develop oil spill response tech


Image Rosneft

A Russian energy firm has teamed up with a Finnish company to develop response equipment for oil spills.

Rosneft and Lamor Corporation have agreed to set up a joint venture in Russia to evaluate prospects of localising production of the technology for the Arctic region.

The equipment will be manufactured at a Rosneft ship building facility and localisation of production is forecast to be at least 70% by 2025.

Rosneft is the largest license holder on the continental shelf of the Russian Federation. It holds 55 licences – 28 at the Arctic shelf – that cover a total area of more than one million square kilometres.


Article source: http://www.energylivenews.com/2017/09/08/finnish-russian-firms-to-develop-oil-spill-response-tech/

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