The Department for the use of subsurface resources on the continental shelf and the oceans announced a tender with a price of 156 million rubles for the assessment of the petroleum potential of the Russian continental shelf of more than 200 miles as part of the expansion of the boundaries of the Russian Arctic shelf, the appropriate application is available on the portal of public procurement.
Under the terms of reference, work needs to be done to clarify the outer boundary and the area of the extended continental shelf in the Russian Arctic Ocean and update the sections representing Russia in the Commission on the Limits of the Continental Shelf.
Applications for participation in the tender will be accepted until June 17, results of the contest will be revealed on June, 20. Work must be done by the end of 2015.