Tag offshore

Breaking what’s being fixed

The current Putin-Medvedev government wants Russian-owned businesses with a primary focus in Russia to be domiciled in Russia. At the same time, Putin’s latest Constitutional amendment is doing away with the most advanced segment of Russia’s otherwise pathetic legal system,…

When in doubt, call them hooligans

Russia has announced that it will be replacing the original piracy charges against the Greenpeace 30 with hooliganism and, for some, resistance to lawful authorities. Hooliganism is becoming a one size fits all charge – unexpectedly linking Pussy Riot and…

Gazprom’s $3-bln platform

Offshore oil production is less than 3% of Russia’s total but Russia has grandiose plans for oil and gas production in the Arctic ocean as well as the Black Sea and the Far Eastern seas. ExxonMobil’s and Shell/s experience operating…