Gazprom, Maersk talk Arctic cooperation

Gas giant Gazprom wants to engage the Danish-based Moller-Maersk Group in Arctic energy projects.

In a meeting between the companies this week, Gazprom Deputy Aleksandr Ananenkov invited the Danish energy and transportation company to cooperation in the Arctic. On the meeting agenda were joint initiatives related to all-year-round offshore drilling in Arctic fields, a press release from the Russian company informs.

The two parts now consider to establish a joint expert group which is to propose concrete action in the area.

Gazprom in the meeting highlighted that a partnership on the development of offshore drilling technology will eventually have to include also Russian shipbuilding companies.

Gazprom controls a number of offshore licenses in the Russian Arctic and depends on foreign technology in field developments. The first Arctic offshore field to start production is the Prirazlomnoye project in the Pechora Sea, due to start up in 2012. Gazprom is also in the process of preparing for the development of the Shtokman field in the Barents Sea.

Read also:Gazprom, Statoil: Shtokman goes according to plan

The Copenhagen-based A.P. Moller - Maersk has activities in four main business segments: Container shipping and related activities; APM Terminals; Tankers, offshore and other shipping activities; Oil and gas activities; Retail acivity; and Shipyards and other industrial companies

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