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China,United States : China Oilfield Services Limited To Drill for the Rosneft and Statoil Project in the Okhotsk Sea
Publish Date : 04-Sep-2015
Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Limited (COSL) signed a contract to drill two exploration wells in 2016. The wells will be drilled in the Magadan-1 and Lisyansky areas of the Okhotsk Sea.
COSL offered its semi-submersible drilling rig Nanhai-9 and won the tender based on a combined score of technical and economic parameters. The rig was positively evaluated by an audit for compliance with Russian and international requirements.
Participation of partners from Asia Pacific in the offshore operations is in line with Rosneft's development strategy for most efficient exploration and production of hydrocarbons. The use of OSL rig will facilitate optimized logistics for the project and continue the Company's cooperation with the actively developing Chinese drilling market.
Commenting on the signed document, Igor Sechin, Rosneft Chairman of the Management Board, said: "The agreements reached open up new prospects for further cooperation between leaders of the oil and gas industry in Russia, Norway and China in the exploration of oil and gas resources."
