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6 Pages

Rosneft-ExxonMobil - breaking new ice in the Arctic


Rosneft-ExxonMobil - breaking new ice in the Arctic

Report summary

ExxonMobil and Rosneft have reached agreement to expand their joint venture, focused on frontier exploration in the Russian Arctic. The expanded joint venture now lays claim to a (unrisked) resource potential at over 220 billion barrels of oil equivalent - as estimated by Rosneft. The agreement leverages complementary strengths from the two companies - ExxonMobil's technical and financial capabilities and Rosneft's access to prime Russian offshore acreage.

What's included?

This report includes 2 file(s)

  • Rosneft-ExxonMobil - breaking new ice in the Arctic PDF - 542.00 KB 6 Pages, 2 Tables, 2 Figures
  • Rosneft ExxonMobil breaking new ice in the Arctic February 2013.xlsx XLSX - 39.07 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Executive Summary
  • Brisk progress on the current JV
  • The seven new Arctic blocks
    • Laptev Sea
    • Kara Sea
    • Chukchi Sea
  • Licence commitments
  • LNG MoU
  • Technology transfer drives Rosneft's international strategy
  • Evolving strategies

In this report there are 4 tables or charts, including:

  • Executive Summary
  • Brisk progress on the current JV
    • Rosneft and ExxonMobil's expanding Arctic acreage
  • The seven new Arctic blocks
    • Offshore Rosneft-ExxonMobil JV Blocks
  • Licence commitments
    • Minimum annual 2D seismic commitments by block
    • Minimum licence commitments
  • LNG MoU
  • Technology transfer drives Rosneft's international strategy
  • Evolving strategies
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