Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Statoil, Rosneft Sign Agreement to Protect Artic Region

change text size

Norway's Statoil has got together with Russian state-owned oil firm Rosneft in an agreement to seek to protect the environment and biodiversity of the Russian Arctic.

Statoil CEO Helge Lund and Rosneft President Igor Sechin on Friday signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf, according to a joint statement from the companies.

The two firms said the declaration has reaffirmed their commitment to sustainable development, including minimizing the impact of oil and gas activities on indigenous populations and climate change.

Statoil and Rosneft will seek to coordinate activities in order to preserve the biodiversity of the Arctic, including observing the principles and recommendations of the Convention on Biological Diversity and the standards set by IPIECA – the global oil and gas industry association for environmental and social issues.

Friday's declaration also supports regular monitoring of changes to the natural landscape and seas of the Arctic, as well as international cooperation as part of the Arctic Environmental Protection Strategy (AEPS).

In order to ensure effective implementation of the declaration, Rosneft said it would consider the establishment of a dedicated Coordination Centre with the participation of representatives of Roskosmos, the Ministry of Transport of the Russian Federation and the Ministry of the Russian Federation for Civil Defense, Emergencies and Elimination of Consequences of Natural Disasters (EMERCOM).

Rosneft plans to sign bilateral cooperation agreements with EMERCOM, the Russian Ministry of Transport and Roskosmos within the framework of the declaration's realization.

"Environmental protection issues are on top of our agenda, especially when planning the development of the Russian Arctic. We intend to sign this declaration with all our partners before we launch any substantial activity in the Arctic to make sure everyone is governed by the same principles. I am grateful to Statoil and Helge Lund personally for the agreement to join this initiative," said Sechin in the statement.

Statoil's Lund added: "We fully endorse Rosneft's initiative. The purpose of the declaration reflects Statoil's values and our commitment to safeguarding health, safety and the environment in our operations on a daily basis."

The agreement follows a deal signed by the two companies at the end of August to cooperate on offshore exploration in the Barents Sea in the Russian Arctic and the Sea of Okhotsk in the Russian Far East.

The Russian Arctic also loomed large at the Next Generation Oil & Gas Summit in St. Petersburg at the beginning of July this year, when issues such as the environment, the logistical problems of operating in the Arctic region and how soon fields in the Russian Arctic could be put into production were widely discussed.

 

 


 

 



A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Jon Mainwaring
European Editor | Rigzone.com
 -  Team RECon Wins US Leg of BP's Ultimat... (Apr 17)
 -  Crimea: the Oil and Gas Story (Apr 14)
 -  Repsol Hired 1,062 New Employees in 20... (Apr 14)
 -  BP Competition Winners Look Forward to... (Apr 11)
 -  VNG's Pil Well Flows at 6,710 Bopd (Apr 10)
Most Popular Articles
From the Career Center
Jobs that may interest you
Workover Rig Instructor
Expertise: Safety Training Rep, Well Servicing & Testing
Location: Belfield, ND
 
Senior Field Operations Engineer
Expertise: Drilling Consultant, Petroleum Engineering, Production Technologist
Location: Houston, TX
 
Capital Projects Safety Specialist
Expertise: HSE Manager / Advisor
Location: Kuparuk, AK
 
search for more jobs