Atlantic Richfield plans a Moscow office.Atlantic Richfield Richfield, city (1990 pop. 35,710), Hennepin co., SE Minn., a residential suburb of Minneapolis; settled c.1851, inc. 1964. There is diverse light manufacturing. Minneapolis–St. Paul International Airport adjoins Richfield on the east. plans a Moscow office Atlantic Richfield Co. will open an office in Moscow with the intention of exploring in the upper reaches of the Soviet Union's oil-rich far east frontier. The area of greatest interest to Arco is beyond eastern Siberia Eastern Siberia is a part of Siberia that incorporates the territory located between the Yenisei River in the west and the Pacific Ocean divides in the east. Its area is equal to 7.2 million sq. km. and north of the Sakhalin Islands Sakhalin Island Island, extreme eastern Russia. Together with the Kuril Islands, it forms an administrative region of Russia. It is 589 mi (948 km) long and a maximum of 100 mi (160 km) wide; it covers 29,500 sq mi (76,400 sq km). , said Chairman Lodwrick Cook Lodwrick ("Lod") Monroe Cook is an American businessman. Background and education Cook was born in Louisiana on June 17, 1928. He received a Bachelor's degree in mathematics from Louisiana State University in 1950. , who recently returned from a visit to the Soviet Union and announced the plans. Cook said Arco will evaluate activity there, terming the office a "listening post." Arco has sent teams to Russia before, but Cook said Arco has been reluctant to invest there. During this trip, however, Cook said he was impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with the frankness with which the Soviets discussed their problems, he said. Arco is experienced in dealing with extreme cold in Alaska, a quality which makes the company a good candidate for exploration in the upper latitudes of Russia. The Moscow office is expected to open within the next several months, spokesman Al Greenstein said. |
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