Magadan 1

Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Limited (COSL) signed a contract to drill two exploration wells in 2016. The wells will be drilled in the Magadan-1 and Lisyansky areas of the Okhotsk Sea. COSL offered its semi-submersible drilling rig Nanhai-9 and won the tender …

Statoil ASA plans to drill four wells in Russia with state oil company OAO Rosneft, targeting heavy oil fields, showing Norway’s biggest energy producer is deepening its involvement in the country against the backdrop of international sanctions. Statoil plans to drill two wells at a heavy oil pilot project in …

Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Statoil ASA CEO Helge Lund in Norway. The parties discussed implementation of the joint projects in Russia’s Barents Sea (Perseyevsky License Area) and the Sea of Okhotsk (Magadan-1, Lisyansky, and Kashevarovsky License Areas). The two noted …

Rosneft and Statoil signed agreement on completion of several milestones under the Cooperation Agreement entered into on May 5, 2012. The agreement has been signed by Rosneft President and Chairman of the Management Board Igor Sechin and Statoil CEO Helge Lund during Saint Petersburg International Economic Forum. – Signed Completion …

Rosneft and Statoil signed a cooperation agreement to jointly explore offshore fields in the Russian sections of the Barents Sea and Sea of Okhotsk. The agreement also covers Rosneft’s participation in the exploration of license blocks in the Norwegian part of the Barents Sea, as well as the possible acquisition …