ShippingWatch

China and Russia in oil exploration agreement

China's national oil company has signed an oil exploration agreement with Russian state-owned oil company Rosneft, covering the Barents and Pechora Seas. The deal covers explorations in three fields, writes the Barents Observer.

Photo: Marinvest

China has signed an agreement with Russia to explore three oil fields in the Barents Sea and the Pechora Sea. The deal was signed last week during the Chinese president's state visit to Russia.

The agreement covers three structures, the Zapadno-Pronovozemelsky in the Barents Sea, and the Yuzhno-Russky and Medynsko-Varandeysky structures in the Pechora Sea, writes the Barents Observer.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HMM doubled revenue in Q1

South Korean container line HMM follows the trend of European competitors, which have already presented their first-quarter financials. Revenue doubled in a significant surge.

Related articles

Latest news

See all jobs