The two companies will also knowledge know-how from these projects develop Rosneft held its own vast reserves of so-called ‘tight ‘ oil in non – porous rock in Western Siberia.
Oil group, which reduced his commitment after his attempt, Mobil Corp. Then the country’s largest oil company – was foiled by the arrest in 2003 of Yukos owner Mikhail Khodorkovsky.
Russia, the world’s largest oil producer, must develop its offshore energy fulfill meet their long-term goal of maintaining output at over 10 million barrels a day as flows from its oil-producing heartland of West Siberia slow.
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