Russia Hopes Exxon Departure Won't Impact Wider Arctic Oil Exploration

Reuters

MOSCOW, Oct 22 (Reuters) – Russian Energy Minister Alexander Novak said on Wednesday he hoped the suspension of work by U.S. oil major Exxon Mobil in the Kara Sea because of Western sanctions would not affect wider offshore exploration in the Russian Arctic.

"I hope that Exxon's departure won't delay shelf projects," Novak told reporters at an energy conference in Moscow.

(Reporting by Katya Golubkova and Olesya Astakhova; Writing by Alexander Winning, editing by Elizabeth Piper)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Contract Specialist
Expertise: Contracts Administration
Location: Lake Charles, LA
 
Division Order Analyst - DJ Land Administration
Expertise: Business Analyst|Commercial Management|Landman
Location: Denver, CO
 
United States Duncan: Field Materials Coordinator
Expertise: Materials Management |Supply Chain Management
Location: Duncan, OK
 
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours