The issue of localization of vessels and marine equipment manufacture has become more acute as the development of offshore fields has intensified amid international sanctions against Russia. Oil and gas companies have resources and are willing to place orders with national enterprises but it requires well-defined backlog of orders and adequate state programmes.
2014 October 13
Localization at any cost
The issue of localization of vessels and marine equipment manufacture has become more acute as the development of offshore fields has intensified amid international sanctions against Russia. Oil and gas companies have resources and are willing to place orders with national enterprises but it requires well-defined backlog of orders and adequate state programmes.