23:52 GMT14 May 2021
Listen Live
    World
    Get short URL
    0 32
    Subscribe

    Rosneft Vietnam BV also plans to capture broadband 3D seismic data of its existing block 6.1 operatorship this year to boost exploration and discover new prospects, according to the statement.

    MOSCOW (Sputnik) — Russian state-owned oil giant Rosneft's subsidiary has started drilling an exploration well located off the southern coast of Vietnam, the company said Wednesday in a statement.

    "For the first time, Rosneft is operating a drilling project in International waters, confirming the company's competence and ability to implement technically complex drilling programs offshore. The design depth of the well will be around 1,380 m [some 4,527 feet], while the sea depth in the area is about 162 m," the statement reads, referencing the subsidiary Rosneft Vietnam BV.

    The Russian oil giant signed a deal with the Japan Drilling company to use its HAKURYU-5 drilling rig for the operation during the Eastern Economic Forum-2015 held in Vladivostok in early September.

    Related:

    European Court Starts Hearings on Rosneft's Lawsuit Against EU Council
    Russia's Oil Giant Rosneft Welcomes Initiative on Oil Extraction Freeze
    Now Not Best Time to Privatize Russia’s Rosneft Oil Company – BP President
    European Commission Approves BP-Rosneft Deal
    Rosneft Remains Financially Stable Despite Low Oil Prices
    Russia's Rosneft, UK's BP Agree to Dissolve Joint Venture in Germany
    Russian Gov't May Sell Some 20% of Rosneft Shares to Boost Budget Revenue
    Rosneft Agrees to Long-Term Strategic Cooperation Program With GE
    Tags:
    oil exploration, drilling, Rosneft
    Community standardsDiscussion