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Application of Norwegian and Russian Legislative Basis during Collaborative Development of Transboundary Hydrocarbon Fields

Author

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  • N. Smirnova *
  • A. Cherepovitsyn
  • A. Ilinova

Abstract

The article deals with the investigation of legal and regulatory aspects for the development of transboundary oil and gas fields by Russia and Norway. A detailed analysis has been conducted on the Treaty between the Russian Federation and the Kingdom of Norway concerning maritime delimitation and cooperation in the Barents Sea and the Arctic Ocean in terms of its contents, legal obligations of the parties, and terms in use. The conceptual framework has been studied; Russian and Norwegian experience of development of different kinds of transboundary production fields has been described. A review on Russian and Norwegian legislation regarding the development of such fields has been presented. As a result, conclusions have been made and recommendations have been given on improvement of the legislation of the Russian Federation when developing transboundary hydrocarbon fields taking into account Russian and Norwegian experience.

Suggested Citation

  • N. Smirnova * & A. Cherepovitsyn & A. Ilinova, 2018. "Application of Norwegian and Russian Legislative Basis during Collaborative Development of Transboundary Hydrocarbon Fields," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 434-441.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:special2:p:434-441
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    Citations

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    Cited by:

    1. Ekaterina Golovina & Karina Karennik, 2021. "Modern Trends in the Field of Solving Transboundary Problems in Groundwater Extraction," Resources, MDPI, vol. 10(10), pages 1-15, October.
    2. Elena Vladimirovna Kornilova, 2022. "The Interdisciplinary Approach to the Conceptualization of the Image of the Arctic and the North in the Mass Consciousness: An Example of Russian Students," Social Sciences, MDPI, vol. 11(12), pages 1-13, December.
    3. Ekaterina Golovina & Vera Khloponina & Pavel Tsiglianu & Runchu Zhu, 2023. "Organizational, Economic and Regulatory Aspects of Groundwater Resources Extraction by Individuals (Case of the Russian Federation)," Resources, MDPI, vol. 12(8), pages 1-16, July.

    More about this item

    Keywords

    Legislation; transboundary production fields; oil and gas; unitization; governmental regulation; Russian Federation; The Kingdom of Norway; Barents Sea.;
    All these keywords.

    JEL classification:

    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • Q35 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Hydrocarbon Resources
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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