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You're reading: EU bans selling Russia equipment for extracting arctic, hard-to-recover, deep-sea oil
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Administrative procedure is applied on exports of dual-purpose products, while special oil equipment supplies are banned completely.

“The competent authorities of the Member States shall not grant any authorisation for any sale, supply, transfer or export of the technologies or the provision of the services <…> if they determine that the sale, supply, transfer or export concerned or the provision of the service concerned is destined for deep water oil exploration and production, arctic oil exploration and production or shale oil projects in Russia,” the EU Official Journal reads.

The blacklist includes a wide range of oil country tubular goods, namely seamless tubes, drill and casing pipes, tubing pipes; equipment for drilling and construction of wells; mobile drilling rigs; floating and underwater platforms for exploration and production, as well as light marine vessels, fire-fighting vessels, floating cranes, and other auxiliary vessels (excluding dredging vessels, floating and underwater platforms, fishing vessels and warships).

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