Russia May Have Own Technology of Underwater Oil Production by 2021-2022

Author: us-russia
Comments: 0
Russia May Have Own Technology of Underwater Oil Production by 2021-2022
Published 15-07-2017, 19:20

Russia may obtain its own technology for underwater production of hydrocarbons by 2021-2022, Russian Deputy Energy Minister Kirill Molodtsov said Friday.

MOSCOW (Sputnik) — "A mechanism for the selection of research and development (R&D) is envisaged to work on domestic offshore equipment samples. In 2017-2019, 2.7 billion rubles ($45.6 million) were allocated for the implementation of eight R&D projects, including those aimed at developing the technological potential of the domestic scientific and technical industry in the field of application of underwater [hydrocarbons] production systems. Thus, by 2021-2022, we can present a prototype of our own technologies for underwater production," Molodtsov said in an interview with Sputnik.

The deputy minister, who is in charge for oil and gas production and transportation, noted that Russian oil and gas producers are gradually reshifting to place orders for domestic machine-building capacities.

"About 20 priority tasks for the nearest future have been identified for offshore production, at present domestic samples of stop valves intended for oil and gas transportation are being actively introduced, equipment for drilling directional wells has been developed," Molodtsov said.

Molodtsov added that about 300 of the 600 elements that are somehow involved in shelf production from the bottom to the shore, need localization, 50 of them are particularly critical. He noted that it was planned to provide oil production by Russian rotor-controlled systems by 2019 on the basis of already created prototypes.

Localization of oilfield equipment production became an important issue for Russian oil producers after the introduction of Western sanctions that are aimed at depriving some Russian companies of the latest oil extraction technology.

 

sputniknews.com

Comments: 0
Experts' Panel
Save the Planet Expert`s Pannel
Presently a growing number of people, including well known and...
Save the Planet Expert`s Pannel
Top
popular in the journal
Can the CIA resuscitate...

Can the CIA resuscitate...

Nowadays, when something bad happens in America, the popular game in Washington is to make bets on how fast Russia and Vladimir Putin will be accused of being ...
RUSSIAN FEDERATION SITREP 28...

RUSSIAN FEDERATION SITREP 28...

DOOMED. Kasparov, a famous chess player, says Russia’s on the way down thanks to Putin. Said the same thing 13 years ago. Why does the Western media keep ...
Political Geography, Igor Okunev

Political Geography, Igor Okunev

This textbook on political geography is devoted to a discipline concerned with the spatial dimensions of politics.
Pentagon Shares STRATCOM Chief\

Pentagon Shares STRATCOM Chief\'s...

Last month, US Secretary of State Antony Blinken argued that the next few years may see Washington facing a "growing rivalry" from Moscow and Beijing.
Press review: US sanctions eroding...

Press review: US sanctions eroding...

Top stories from the Russian press on Monday, February 8th