Rosneft Starts Drilling First International Offshore Well
06.1, Rosneft will drill another exploration well in Block 05.3/11, also in the Nam Con Son Basin, in the Vietnamese waters, it said. "I am sure that the experience gained in Vietnam will be used by the company not only in its activity in the southern seas," Rosneft Chief Executive Igor Sechin said in a statement, adding it would help with planning and implementing upstream projects in remote areas. Rosneft also has oil-producing assets in Venezuela and Canada and exploration prospects in several other countries. (Reporting by Vladimir Soldatkin and Lidia Kelly
Sakhalin-1 Sets Another Extended Reach Drilling Record
. Successful implementation of these state-of-the-art technologies reduces costs associated with additional offshore facilities, pipelines and other production infrastructure. They also protect the environment by minimizing areas involved in drilling and production operations. Rosneft Head Igor Sechin said: “This well continues successful implementation of our outstanding project. I would like to express my thanks to our partners – ExxonMobil. Usage of their drilling technologies made this achievement possible”
Rosneft Will Continue Arctic Drilling
Russia's biggest oil producer Rosneft will continue drilling in the Arctic Kara Sea on its own after the departure of its partner, U.S. oil major ExxonMobil, due to sanctions, the company's head Igor Sechin said on Friday. "We will continue drilling in any case, on our own, always and everywhere. If partners can take part - that's good, if they can't - we will carry on alone," Sechin told reporters. Exxon earlier suspended cooperation with Rosneft in the Arctic due to U.S. sanctions over Moscow's involvement in the conflict in Ukraine. (Reporting by Denis
Rosneft Expands Deal with North Atlantic Drilling
. This may hamper Rosneft's ambitions to tap the vast offshore Arctic riches. North Atlantic Drilling is based in Oslo, Norway, which is not a part of the EU and has not announced any sanctions against Russia. However its shares were listed its NYSE in January. Rosneft Chief Executive Officer Igor Sechin, an ally of President Vladimir Putin, said in the statement the deal with North Atlantic Drilling "will allow Rosneft to ensure implementation of exploration and development of its harsh environment offshore license areas." (Reporting by Vladimir Soldatkin, editing by David Evans
Eni and Rosneft Complete Joint Exploration
Rosneft’s President and Chairman of the Management Board, Igor Sechin, and Eni’s CEO, Paolo Scaroni, in the presence of the Russian President, Vladimir Putin, have signed, at the Saint Petersburg International Economic Forum, a Completion Deed relating to the agreements for the joint development by the two companies of exploration activities in the Russian Barents Sea (Fedynsky block and Central Barents block) and Black Sea (Western Chernomorsky block). The projects are part of the wider cooperation between Eni and Rosneft sanctioned under the Strategic Cooperation Agreement entered
Oil Majors Expand Far North Exploration Projects
by Rosneft (or its affiliate) in the Point Thomson project in Alaska. They have also agreed to conduct a joint study on a potential LNG project in the Russian Far East. The agreements, which include plans to explore seven new blocks in the Chukchi Sea, Laptev Sea and Kara Sea, were signed by Igor Sechin, president of Rosneft, and Stephen Greenlee, president of ExxonMobil Exploration Company, in the presence of Russian President Vladimir Putin. The license blocks include Severo-Vrangelevsky-1, Severo-Vrangelevsky-2 and Yuzhno-Chukotsky blocks in Chukchi Sea, Ust’ Oleneksky, Ust’ Lensky
February 2025
