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Home›Green Marine›Foreign investment in Russian projects is a win-win
Green Marine

April 19, 2011 · about 15 years ago

Foreign investment in Russian projects is a win-win

It’s easy to see why: the country is now the world’s largest oil-producing nation, pumping about 10 million barrels a day. And while new offshore drilling in countries like the United States is currently off limits, the big draw in Russia is its willingness to engage in increased offshore exploratio

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It’s easy to see why: the country is now the world’s largest oil-producing nation, pumping about 10 million barrels a day. And while new offshore drilling in countries like the United States is currently off limits, the big draw in Russia is its willingness to engage in increased offshore exploration – particularly as easier-to-access onshore reserves around the world get depleted.

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