Stay Connected

Exxon, Rosneft agree on steps to protect Russian offshore Arctic continental shelf

Offshore staff

IRVING, Texas – ExxonMobil and Rosneft have signed a declaration that establishes measures to help protect the Russian Arctic continental shelf ecosystem during oil and gas exploration and development.

The companies agreed to form a joint work group to consider establishing a center to coordinate biodiversity protection activities including observing principles and recommendations of the Convention on Biological Diversity and the standards set by IPIECA, the global oil and gas industry association for environmental and social issues.

“We seek to manage the impact on the environment wherever we operate through continuous improvements in technology and operational procedures,” said Rex Tillerson, chairman and CEO of Exxon Mobil Corp. We support Rosneft’s initiative and will work with them and other industry representatives to protect the environment in the Russian Arctic.”

12/07/2012

Related Articles

CEPSA agrees to Coastal Energy takeover

Nov 19, 2013

Spanish oil company CEPSA has agreed to acquire Coastal Energy via a share purchase.

Statoil fined for North Sea waste mix-up

Nov 19, 2013

Statoil has been handed a NOK-10 million ($1.64-million) fine for an incident on the Oseberg C platform in May 2011.

Trending News

Authorities end four-year Deepwater Horizon accident cleanup

Apr 22, 2014

The US Coast Guard has ended patrols and operations on the final three shoreline miles in Louisiana, bringing to a close the four-year active cleanup following the Deepwater Horizon accident.

Todd Energy adopts Paradigm software suite

Apr 22, 2014

Todd Energy has acquired a comprehensive suite of Paradigm’s seismic interpretation, formation evaluation, and reservoir modeling software.

Neptune Marine receives contract for work on Ichthys

Apr 22, 2014

McDermott has awarded Neptune Marine Services Ltd. a survey and ROV contract on the Ichthys LNG project.

Hydrasun to expand specialist manufacturing capabilities to meet subsea demands

Apr 22, 2014

Hydrasun, a provider of integrated fluid transfer, power, and control solutions to the global energy market, is expanding its operations with a £3 million ($5 million) investment in its specialist manufacturing facility in Aviemore, Scotland.

Ennsub to build two ultra-deepwater ROV deployment systems

Apr 22, 2014

ROVOP has awarded Ennsub a multi-million-pound contract for the design and manufacture of two ultra-deepwater work-class ROV launch and recovery systems to be installed into Ceona’s newbuild multiple-lay vessel, the Ceona Amazon.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

View more Job Listings >>