Exploration & Production

Putin hopes for international Rosneft-Exxon cooperation

President Vladimir Putin is urging Russian oil major Rosneft and ExxonMobil to expand cooperation with joint projects in the Gulf of Mexico and the United States.
By Staff reporter 16 July 2013 0 2806

President Vladimir Putin is urging Russian oil major Rosneft and ExxonMobil to expand cooperation with joint projects in the Gulf of Mexico and the United States.

“There is a great deal of work ahead in the Black Sea, on the shelf. I’m pleased that Exxon is becoming a strategic partner of the largest [Russian oil] company Rosneft. I expect and assume that Rosneft will also work with Exxon in other regions of the world, including the Gulf of Mexico and the United States,” Putin said during...