Eurasia Journal News

SOCAR: Signs MOU for the Eurasia Project

Azerbaijan’s state oil company SOCAR, along with other interested companies, signed a memorandum of understanding (MoU) on implementation of the Eurasia project, which envisages development of the Caspian Depression in Kazakhstan. The memorandum was also signed by KMG Eurasia LLP, Agip Caspian Sea B.V., RN-Exploration LLC, CNPC International Ltd., and …

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Eurasia Journal News

RN-Exploration and ExxonMobil Declared Winners of the Mozambique License Round

RN-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore Limited were declared winners for 3 blocks in the fifth license round organized by the Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petróleo). The global partnership of Rosneft and ExxonMobil is of a strategic nature, the …

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Eurasia Journal News

Rosneft Files Joint Bid with ExxonMobil for Mozambique License Round

RN-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore Limited filed joint bids to participate in the fifth license round organized by the Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petróleo). The global partnership of the companies is of a strategic nature. Rosneft and ExxonMobil …

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Eurasia Journal News

Rosneft Acquired Commercial Inflows of Hydrocarbons on the Licensed Blocks of Irkutsk Region

Commercial inflows of oil, gas and condensate have been acquired in four exploration wells on Rosneft’s licensed blocks, which were handed over to Verkhnechonskneftegaz for operational activities on geologic survey, exploration and production of hydrocarbon crude. According to the results of drilling and probes, maximum rates totaled up to 60 …

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The Company Mage Completer Field Work on Black Sea Shelf

Marine Arctic Geological Expedition (JSC MAGE) successfully completed a comprehensive geological and geophysical exploration on the South-Chernomorsky license block for the company RN-Exploration, LLC. Modern research vessel “Polar Marquis” was involved in work. This specific vessel allows successfully towing a record 14 streamer configuration that provided the possibility of obtaining …

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