The
latest
deal
signed
in
Moscow
is
another
being
made
as
part
of
a
long-term
strategic
co-operation
agreement
inked
in
August
2011.
ExxonMobil
chief
executive
Rex
Tillerson
said
the
latest
tie-up
combined
ExxonMobil’s
strengths
in
tight
oil
and
unconventional
development
with
Rosneft’s
on-the-ground
production
experience
in
western
Siberia.
Rosneft
president
Igor
Sechin
cited
the
Yuganskneftgaz
region
as
one
“extremely
promising
area”
for
developing
tight
reservoirs
in
western
Siberia.
The
pair
will
set
up
a
pilot
programme
to
determine
the
technical
feasibility
of
developing
the
reserves,
with
an
eye
on
utilising
ExxonMobil’s
field
experience
in
developing
North
American
tight
reservoirs.
Following
the
review,
geological…
