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Russia’s Offshore Oil Production in the Caspian Sea: the Case of the Filanovsky and Korchagin Fields

22.03.2017 | E-Bulletin | Energy | 112 Lidiya Parkhomchik

Nowadays, Russia is strongly interested in developing its continental shelves in order to enlarge the oil and gas potential of the country. As one of the major hydrocarbon exporters in the world, Russia is in search for a viable alternative to replace its aging Western Siberian fields, which are experiencing a gradual unavoidable decline in production. Therefore, the Russian government launched large-scale programs for conducting additional geological exploration in other parts of the country, including the Caspian shelf, intended for the further expansion of the oil and gas production.

Tags: Energy, Oil, Caspian Sea, Russia

Author

  • Senior Research fellow

    Lidiya Parkhomchik

    Lydiya Parkhomchik (nee Timofeyenko) was born on February 9, 1984 in Zelenodolsk city, located at the territory of the Republic of Tatarstan (Russia). Since 1986 she became resident of the Republic of Kazakhstan.