The Impact of Arctic Offshore Development on the Modernization of Russian Oil and Gas Companies

Student: Tretyakova Elena

Faculty: Faculty of World Economy and International Affairs

Educational Programme: World Economy (Bachelor)

Year of Graduation: 2016

his paper is dedicated to the research of the Arctic offshore importance for Russian oil and gas companies, and to the identification of possible ways of modernization for its successful development. Using methodological approaches to the financial evaluation of project profitability and riskiness, the economic viability of projects will be determined. Also this article analyzes the strategic significance of the Arctic shelf to Russian economy. Based on the obtained results and methodological approaches of modernization, main problems of Russian companies in the issue of effective Arctic resource development will be highlighted. The final part of this paper contains possible ways of modernization development for Russian oil and gas companies that includes innovative technologies, international experience and close collaboration between science and an oil and gas sector.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses