Joining Rosneft in the Sea of Okhotsk: Statoil’s Pivot to Asia?

  • Indra Overland
Chapter
Part of the International Political Economy Series book series (IPES)

Abstract

In May 2012, the Norwegian and Russian national oil companies (NOCs) Statoil and Rosneft signed a comprehensive cooperation agreement that included exploration for oil and gas in the Sea of Okhotsk, off Russia’s Pacific coast. The same month, it was reported that Statoil would withdraw from its joint project with Gazprom and Total to develop the Shtokman gas and condensate field in in the Russian part of the Barents Sea (Lorentzen, 2012).

Keywords

Nobel Peace Prize Norwegian Government Maritime Boundary Norwegian Continental Shelf Regional Energy Market 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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© Indra Overland 2015

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  • Indra Overland

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