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Ready to pay 1.5 billion rubles for exploration of oil and gas zones

The Federal State Budgetary Institution “All-Russian Research Geological Oil Institute” announced an auction, within which it is planned to select a contractor for a contract for complex geological and geophysical works “in order to study the geological structure and prospects for oil and gas potential of the junction of the slope structures of the Arctic Ocean of the Gakkel Ridge and the Nansen Basin with the shelf structures of the Laptev Sea“. A tender starts with an initial price of 1,564,668,773 rubles, reports IA REGNUM.

Under the contract, which will be paid for with subsidies from the federal budget, an advance payment of 30% is provided.

The winner, determined on July 14, 2022, must complete the work in the second quarter of 2024.

The area of ​​the study area will be 203,477.4 square meters. km.

Study of the regional geological structure…

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