News

Russian mechanical industry demands stake in offshore development

Publish date: November 14, 2005

The Russian Union of Oil and Gas Machinery Manufactures has addressed the Russian government and the Gazprom company with a request for resumed financial support to domestic producers of offshore petroleum equipment.

The Sevmash construction plant in Severodvinsk (Arkhangelsk region), supports the initiative, saying that Russian machinery producers should not be debarred from the Arctic shelf development, BarentsObserver reported. The Russian government has cut financing to the support programme “Development of advanced technology, machinery and equipment for offshore oil and gas exploitation on the Arctic continental shelf 2003-2012”. Sevmash, Zvezdochka and other companies fear domestic industry to be excluded from participation on the Arctic shelf, as it happened in the Sakhalin projects in the Russian Far East.


According to the President of the Union of Oil and Gas Machinery Producers Romanikhin, the decreased financial support from the government and Gazprom is a big mistake. Romanikhin has now requested mayor of Severodvinsk to write a letter of support to the leader of the Russian Northwestern Federal District.

More News

All news

6th meeting of the Carbon Removal Expert Group summary and feedback 

The Carbon Removal Certification Framework (CRCF) has been formally approved by the Council on the 19th of November 2024 and entered into force on the 9th of December 2024, providing an official mandate for the Commission to develop methodologies on carbon farming and carbon removals. However, the technical documents and specifications are still being drafted and revised for input from the Carbon Removals Expert Group (CREG), of which Bellona is a member. 

Photo: Christening of Northern Lights’ first CO₂ carrier in Stavanger in 2025, by Olav Øye

A great leap towards a scaled European market for CCS: Northern Lights expands storage capacity, will store CO₂ from Stockholm  

Europe’s only multi-source, injection-ready CO₂ storage site will more than triple its capacity by 2028. The decision follows an agreement with Stockholm Exergi to transport and store up to 800 – 900 kilotonnes of CO₂ per year. “This decision is years in the making, and the culmination of decades of hard work from many, Bellona included” says Bellona Europa Director Jonas Helseth.

Subscribe to our newsletter

Get our latest news

Stay informed