International oil conference opens in St. Petersburg

The representative international Conference 'Prospecting for and production of oil under difficult conditions' opens in St. Petersburg on Sunday. It will be
attended by over 500 prominent geologists and managers from 25
countries, including Russia, Britain, Germany, Egypt, China, the
United States, France and Japan.
The first forum with broad international participation in Russia
was co-sponsored by the Russian Nature Ministry, the Russian Academy
of Sciences, the All-Russian Oil Research Geological Institute from
St. Petersburg and co-sponsored by the American Association of oil
geologists.
Participants include top managers of transnational companies,
including British Petroleum, Amoco, Conaco, Norsk-Hydro and
Exxon-Mobil as well as representatives from the top management of
Russian companies -- Lukoil, Yukos, TNK, Tatneft, Sibneft and
Surgutneftegaz.
The conference will give special importance to the development of
hardly accessible areas of the Arctic, director of the All-Russian Oil
Research Geological Institute Mikhail Belonin told Tass on Saturday.

irna.com