Rosneft and Sinopec to Conduct Exploration Drilling on Sakhalin Shelf

07:39, 22.03.2008 | Приморский край

The oil companies jointly develop the Sakhalin III project.

YUZHNO-SAKHALINSK. March 22. VOSTOK MEDIA – Russia’s Rosneft and China’s state-owned Sinopec oil companies will conduct exploration drilling on Sakhalin shelf. The companies jointly develop the Sakhalin III project.
Veninskoye deposit may be very perspective that was shown by preliminary seismic exploration works, Rosneft chairman Sergey Bogdanchikov said yesterday in Yuzhno-Sakhalinsk.
The office of Sinopec in Yuzhno-Sakhalinsk told Vostok Media the exploration drilling will be carried out by the offshore platform ‘Nordic’ of the British company ‘Transocean’.

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