Exxon

Statoil to work with Rosneft on Arctic shelf instead of ExxonMobil

The withdrawal of ExxonMobil from joint drilling projects with Rosneft will not stop operations on the Arctic shelf of Russia, as a number of companies express their readiness to cooperate in this

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Rosneft to continue developing joint projects after withdrawal of ExxonMobil

Rosneft will continue to independently develop joint projects, the withdrawal from which was announced by US ExxonMobil. This is reported in the company's statement.

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Rosneft limited in the East and West

Rosneft risks losing its two key foreign partners.

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ExxonMobil announces withdrawal from projects with Rosneft due to sanctions.

The US oil company ExxonMobil announced withdrawal from joint projects with Russian Rosneft.

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Oil production at the ACG block was conducted from 115 wells in 2017

Oil production at the Azeri-Chirag-Guneshli (ACG) block in 2017 was carried out from 115 production wells, the press service of the Azerbaijan International Operating Company (AIOC-operator for the

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Oil production at the Odoptu field reaches 65 thousand barrels per day

Oil production at the Odoptu field on the Sakhalin shelf reached 65 thousand barrels per day, as it follows from the materials of the US company ExxonMobil, which is a member of the consortium of t

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ExxonMobil recalculates hydrocarbon reserves of Sakhalin-1

Exxon Neftegas Limited, which is operator of the Sakhalin-1 project, has proposed to update the data on the Arkutun-Dagi field.

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Supply of gas from Sakhalin-1 to main pipeline stopped, recovery underway

The supply of gas from the Sakhalin-1 project to the main pipeline has been stopped, and recovery work is under way.

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Azerbaijan to receive first tranche of the bonus for extension of the development of the Azeri-Chirag-Gunashli oil block as early as 2018

In 2018 Azerbaijan will receive the first tranche of the bonus from a consortium of foreign investors for the extension of the contract for the development of the Azeri-Chirag-Guneshli (ACG) oil fi

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As of December 1 Azerbaijan extracted 250 million tons of profitable oil from Azeri-Chirag-Gyuneshli - SOCAR

As of December 1st, 2017 the total volume of Azerbaijan's profitable oil, produced so far from the Azeri-Chirag-Guneshli (AChG) fields block, was 250 million tons, Khoshbakht Yusifzadeh, SOCAR

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