Despite the fact an ExxonMobil-ChevronTexaco-Rosneft consortium holds the license to the Sakhalin...
Sakhalin-3 has estimated reserves of 4.5 billion barrels of oil equivalent.
While the statement did not elaborate further, observers believe Russia will not stop there. Some 80 small oilfields will have their development rights auctioned and the new law will also affect the two unexplored Okhotsk Sea blocks and four blocks in the Barents Sea.
ExxonMobil has previously stated such “re-auction of development rights [is] a violation of [our] rights”.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
