Inform
US sanctions freeze Russia's Arctic plans
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In response to US sanctions, Karmorneftegaz (ExxonMobil 33% Rosneft 67%) is winding-down operations on the Universitetskaya-1 exploration well in the Kara Sea. This is the biggest well of the year globally by prospect size (9.5 billion boe) and at an estimated one billion dollars could have been the most expensive well ever. The US sanctions target Arctic offshore, shale oil and deep-water. These were the pillars of Russia’s post 2020 oil strategy and deeply impact Rosneft and the Russian state.
Table of contents
- US sanctions freeze Russia's Arctic plans
Tables and charts
This report includes the following images and tables:
- Location of the Universitetskaya-1 well
What's included
This report contains:
Other reports you may be interested in
Asset Report
China Huarong Energy-operated fields
Hong Kong-listed China Huarong Energy has a 60% operated stake in six fields (five oil and one gas) in west Kyrgyzstan's Fergana ...
$3,720
Asset Report
Uralsk (P) aluminium smelter
A detailed analysis of the Uralsk (P) aluminium smelter.
$2,250
Asset Report
Kandalaksha aluminium smelter
A detailed analysis of the Kandalaksha aluminium smelter.
$2,250
