Russia: Gazprom creates company for shelf oil and gas production systems
Russian gas giant Gazprom has established a company to develop systems for underwater production of oil and natural gas on the shelf, including the Yuzhno-Kirinskoye field off the island of Sakhalin in the Far East of the country, Deputy CEO Vitaly Markelov said. “The U.S. account for 81% of the market for systems of underwater…