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2018 November 2   18:25

Over 100 companies of oil&gas sector take part in “Arctic Shelf Development: Step by Step” conference

The 11th international conference “Arctic Shelf Development: Step by Step” will be held on 12-13 November 2018. The event supported by the Murmansk Region Government will be held as part of the 7th Murmansk International Business Week, says the Ministry of Economic Development of the Murmansk Region.

The conference programme includes a plenary session, B2B meetings to discuss topical issues and further cooperation, sessions focused on certain issues and free discussions.

The conference usually gathers participants of more than 100 companies representing oil and gas sector, educational and scientific research institutions, legislative and executive authorities. 

Murmansk International Business Week is a key business event of the region communicating Russian Arctic agenda to the international community, an arena where business, authorities and general public together pay close attention to the urgent issues of developing efficient cooperation at high latitudes.

The 7th Murmansk International Business Week (November 12-16, 2018) involved more than 3,500 participants from more than 10 countries. The programme number over 20 separate events.

The Murmansk Region has a special strategic status for Russia. Geographical location defined the Kola Peninsula as a priority element in ensuring the geopolitical interests of Russia in the north of Europe and the Arctic. Its non-freezing deep-water the Kola Bay became the main base of the Northern Fleet, and Murmansk sea port became the center of industrial fishing in the Barents Sea and the North Atlantic, and the starting point of the Arctic.

Today, Murmansk is the only port in European Russia with an open access to major oceanic routes. Port of Murmansk has direct access to the Northern Sea Route, that links the Atlantic to the Pacific through the arctic waters and provides access to natural resources of the Far North, Siberia and the Far East.  

The Murmansk Region located at the junction of transnational routes and having reliable sea, railway, road and air links with industrial Russian regions can surely be called a northern gateway of Russia.

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