Exploration

Russian giant quits Kazakh offshore play

Despite disappointment, Russian oil producer remains positive over its exposure to other projects in the Caspian Sea

Dry hole: The semisubmersible drilling rig Dede Gorgud was contracted for the wildcat on the Zhenis block in the Caspian Sea.
Dry hole: The semisubmersible drilling rig Dede Gorgud was contracted for the wildcat on the Zhenis block in the Caspian Sea.Photo: REUTERS/SCANPIX
KazakhstanRussiaZhenisLukoilKazMunayGaz
Published 11 July 2023, 16:19Updated 12 July 2023, 12:12