Arab Today, arab today rosneft arctic well drilled with exxon struck oil
Last Updated : GMT 21:45:48
Arab Today, arab today
Arab Today, arab today

Rosneft: Arctic well drilled with Exxon struck oil

Arab Today, arab today

Arab Today, arab today Rosneft: Arctic well drilled with Exxon struck oil

Russia's state-owned Rosneft said Saturday it had found oil in the Kara Sea
Moscow - AFP

Russia's state-owned Rosneft said Saturday it had found oil in the Kara Sea off the north coast of Siberia in a joint drilling project with US oil giant ExxonMobil.
The announcement comes after the US targeted Rosneft, Russia's largest oil company, and its chief Igor Sechin with sanctions over Moscow's role in the Ukraine conflict.
"Oil has been discovered" in the University-1 well, Russia's northernmost, Rosneft said in a statement.
Sechin, a close ally of President Vladimir Putin, said at the opening ceremony that the discovery was a "joint victory," and thanked "friends and partners" including ExxonMobil, quoted in the company statement.
The oilfield will be named Victory, Sechin said. In a sign of the importance of the exploration project to Russia, Putin took part in the launch ceremony in August via a video link to the West Alpha oil rig.
ExxonMobil said earlier this month that it would "wind down" the project following US sanctions.
The Treasury Department gave US companies until September 26 to bring to an end exploration or production ventures with Rosneft and four other Russian energy companies on deepwater, Arctic offshore or shale projects.
Rosneft said Saturday it is currently exploring three areas in the Kara Sea that are believed to contain 87 billion barrels of oil. It said the Kara area's total reserves could rival those of Saudi Arabia.
The Arctic zone has extreme conditions, requiring advanced technology and massive investment.
Oil drilling in the pristine region is opposed by environmentalist campaign groups including Greenpeace, whose activists were jailed last year after trying to board a drilling platform belonging to the Gazprom energy giant.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today rosneft arctic well drilled with exxon struck oil Arab Today, arab today rosneft arctic well drilled with exxon struck oil

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 15:06 2017 Saturday ,25 March

Dialysis Supplies Dwindle for Syrians

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday