Rosneft Snaps Up License to Explore Offshore Shelf of Abkhazia

Citing Chief Executive Sergei Bogdanchikov, Prime-Tass news agency reported Wednesday that Russian oil major Rosneft was granted a license to explore and develop oil on the offshore shelf of the Georgian breakaway republic of Abkhazia.

Accoding to Bogdanchikov, Rosneft, in addition to processing already existing seismic data of the region, will conduct its own seismic survey over the license, completing the first stage of seismic acquisition by the end of 2011.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
CDL Driver - Memphis - OIL & GAS
Expertise: Business Development|Dispatcher
Location: Memphis, TN
 
Sr Geochemist - Geoscience Technology
Expertise: Geochemist
Location: The Woodlands, TX
 
Senior Oracle Functional Analyst
Expertise: Asset Management|IT - SAP / ERP
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $46.65/BBL 1.78%
Light Crude Oil : $44.24/BBL 1.98%
Natural Gas : $3.04/MMBtu 0.33%
Updated in last 24 hours