Royal Dutch Shell is interested in joining projects to explore Russia's Arctic, the company's Executive Vice President for Exploration and Production Guy Outen said at the Sakhalin Oil & Gas 2012 international conference on Tuesday.
Shell believes that Russia will become much more competitive as a result of working in its Arctic region, Outen said.
Shell came to the Arctic at the beginning of the 20th century, he said.
The company has set a huge number of Arctic records and has proved its ability to work expertly and safely, he said.
That is why Shell is interested in jointly exploring Russia's Arctic, Outen said.
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