RUSSIA DETAILS WHAT'S POSSIBLE FOR OFFSHORE OIL AND GAS E&D

Russia has disclosed more data on hydrocarbon resources, field development plans, and project priorities it expects to employ in preparing for a "new epoch" of petroleum exploitation on its huge far northern continental shelf. A Moscow press analysis of studies conducted by the Morneftegaz (Offshore Oil and Gas) Research Institute concedes the Russian Federation may be ill prepared to tap the estimated 50 billion metric tons (365 billion bbl) of oil equivalent believed to lie beneath arctic and

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