The Arctic Frontier - Armed with Cooperation

... Field over the last several years, as it closely linked to my M.A. thesis. Alas, the RIAC conference came a bit late for it, as there Andrey Krivorotov of Shtokman Development spoke. Sadly, Krivorotov did not come bearing good news, as the huge offshore gas field in the Barents Sea looks to remain frozen and most likely sidelined, even though this company in charge of its development is trying to muster new strategies and proposals over the next few years. Shtokman Gas Field essentially has been unfortunate as it was targeted at the US export market, but as the Shale Revolution erupted it closed-off this path. Also, in recent years drilling prices, equipment costs and specialised wages have skyrocketed,...