Our Arctic Neighbors: Murmansk oil company sinking into hole
A Russian state-owned oil company, Arktikmorneftegazrazvedka, AMNGR, based in Murmansk, is in financial hardship and laying off workers, BarentsObserver reported Feb. 26. The company’s two jack-up rigs, Kolskaya and Murmanskaya, are both standing idle in port, leading to a loss of 83 billion rubles....
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