News Archive

02.09.2008 Aker Solutions delivers offloading system for Russia
Aker Solutions' environmental-friendly offloading system has been used for the first offloading of crude oil, from terminal to shuttle tanker, in the Barents Sea.

13.08.2008 RXT awarded contract in the Caspian Sea
Norwegian seismic company Reservoir Exploration Technology (RXT) has been awarded a contract for acquisition of 3D ocean bottom seismic (OBC) data for CentrCaspneftegas LLP in the Caspian Sea

06.08.2008 Signing of Russo-Norwegian cooperation agreement
At Wednesday 6 August the Norwegian Petroleum Directorate (NPD) and the Russian Federal Agency of Mineral Resources (Rosnedra), signed a Memorandum of Understanding (MoU).

21.07.2008 Russia's retail sales rise
Retail sales grew 15.2 percent to just shy of RUB 6.237 trillion (approx. USD 268.95 bn) in the first half of 2008 compared to the same period a year earlier.

18.07.2008 Pepsi-Cola given green light to take over Lebedyansky
Russia's Federal Anti-Monopoly Service (FAS) has made a decision to grant Pepsi-Cola Ltd.'s (PepsiCo's Bermuda offshore subsidiary) request for the acquisition of 100 percent of voting shares in the Russian juice producer Lebedyansky.

08.07.2008 New record for seafood exports
The value of Norwegian seafood exports for the first half of 2008 reached NOK 17.8 billion, NOK 57 million higher than the record set in 2007, according to Statistics Norway (SSB).

03.06.2008 EU and Russia to launch joint programs
EU and Russia plan to allocate EUR 600M for seven cross-border cooperation programs.

23.05.2008 New branch of Norwegian bank will be opened in Murmansk
Sparebank 1 North Norway has bought 10 percent of a bank in St. Petersburg; same deal includes opening a new branch in Murmansk.

15.05.2008 Russian government approves development forecast for 2009-2011
The Russian government has, on the whole, approved scenarios of the country's social and economic development for 2009-2011.

07.05.2008 New Russian President sworn in
Dmitry Medvedev has been sworn in as President of Russia.

06.05.2008 Russia, US sign peaceful atom treaty
Russia and the US have signed an intergovernmental agreement on cooperation in the peaceful use of nuclear energy.

05.05.2008 Putin signs bill on foreign capital's access to strategic assets
Russian President Vladimir Putin has signed a federal law setting out the procedure for foreign investment in enterprises considered as strategically important to ensure national security.

22.04.2008 More millionaires in Russia despite crisis
Despite global economic problems, the number of millionaires continues to rise all over the globe, with emerging economies claiming a bigger role.

21.04.2008 New contract awarded to Aker Solutions
Aker Solutions has been awarded contract with Russian client for delivery of process systems.

21.04.2008 Russia reports rise in fixed investment
Russia's fixed investment grew 20.2 percent.

27.03.2008 J P Kenny Norway wins Shtokman contract
Stavanger-based J P Kenny Norge, a subsidiary of John Wood Group PLC (“Wood Group”), has won a contract for work on a 600km strategic trunkline project to bring gas from the Shtokman field in the Barents Sea to Northern Russia.