New Wave Media

October 24, 2014

Rosneft Will Continue Arctic Drilling

The Kara-Winter-2014 Ice Expedition. (Photo Courtesy Rosneft)

The Kara-Winter-2014 Ice Expedition. (Photo Courtesy Rosneft)

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 Pinchuk Reuters; Writing by Maria Kiselyova; Editing by Elizabeth Piper)
RosneftUnited StatesIgor Sechin
The February 2024 edition of Marine Technology Reporter is focused on Oceanographic topics and technologies.
Read the Magazine Sponsored by

Editorial

Marine Technology Magazine Cover Mar 2024 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news