Rosneft Agree with INPEX on Joint Offshore Operations at the Magadan 2 and 3 Fields
Rosneft signed a cooperation agreement with INPEX CORPORATION to jointly explore license offshore blocks Magadan-2 and Magadan-3 in the Russian section of the Sea of Okhotsk. Estimated recoverable resources of the two blocks stand at 1,577 million tonnes of oil equivalent. The agreement, signed by Igor Sechin, Rosneft President and …