Topexecutives from state-owned oil company Rosneft, as well as shipping giantSovcomflot, were among guests invited to a ribbon-cutting ceremony to open thenew outpost to focus on local business development that will also houseKvaerner’s local joint venture Kvaerner Vostco Contractors.
Rosneft hasstruck partnership deals with foreign players ExxonMobil, Statoil and Eni forjoint exploration and development of Arctic resources.
“Theopening of a Moscow office is a natural step for Kvaerner, moving from aproject-by-project focus, to a permanent establishment in order to capturefuture opportunities in the Russian Arctic and sub-Arctic market,” said Kvaernerchief executive Jan Arve Haugan.
The
