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

UK association questions regulator funding

Jun 4, 2014 In today’s Queen’s Speech in the UK parliament, the government included a section on the recent Wood Report, which sets out potential measures to maximize economic recovery from UK offshore fields.

Butch South West exploration well begins drilling in Norwegian North Sea

Jun 2, 2014

Faroe Petroleum has announced the spudding of the Centrica-operated Butch South West exploration well 8/10-6S.

BOEM awards first Gulf of Mexico oil and gas leases (subject to US–Mexico Transboundary Hydrocarbons Agreement)

Jun 2, 2014 Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank have announced the award of the first three oil and gas leases in the Gulf of ...

Origin to acquire Australia's Browse basin resources

Jun 2, 2014

Origin Energy Ltd. has entered a conditional agreement with Karoon Gas to acquire Karoon’s 40% interest in two exploration permits (WA-315-P and WA-398-P) in Western Australia’s Browse basin.

Sea Dragon reviewing Gulf of Suez potential

Jun 2, 2014

Sea Dragon Energy has completed a subsurface technical update on the Gamma and Shukheir Bay fields in the shallow-water Shukeir Marine concession in the Gulf of Suez offshore Egypt.

Trending News

N’Goma FPSO sails for block 15/06 offshore Angola

Jul 22, 2014

The newly named N’Goma FPSO, which arrived just over a month ago in Angola, has now sailed for the Eni-operated offshore block 15/06, where mooring operations by the SBM Installer vessel will take place. OPS will operate the N’Goma FPSO.

 

Tullow finds no pay in PL 507 in North Sea

Jul 22, 2014

Tullow Oil plc did not encounter hydrocarbons in the Lupus exploratory well, 31/10-1, in the North Sea.

Harvest targets FPSO for presalt Dussafu oil development offshore Gabon

Jul 22, 2014

Harvest Natural Resources has signed a declaration of commerciality with the Gabonese Republic (Gabon) for the Dussafu block offshore Gabon.

COSCO reports on troubled Octabuoy project

Jul 22, 2014

COSCO Corp. (Singapore) Ltd, with regard to the vessel building contract for the Octabuoy hull and the topside module secured by COSCO’s subsidiary COSCO (Nantong) Shipyard Co. Ltd with ATP Oil & Gas (UK) Ltd, the COSCO board reports that ATP UK is currently in company voluntary arrangement (CVA) in the UK.

TIW delivers safety valves to MWCC

Jul 22, 2014

TIW Corp. has completed and delivered two large-diameter ball-type safety valves to Marine Well Containment Co. (MWCC) for use with its expanded containment system.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>