Rosneft nets new offshore block in Russia's far east despite lack of any tender

Russia's largest oil producer refocuses on greenfields and LNG projects, shedding some legacy assets

Seeing the light: a lighthouse on the northern edge of the Shmidta Peninsula on Sakhalin Island in Russia in proximity to which oil producer Rosneft will explore an offshore block
Seeing the light: a lighthouse on the northern edge of the Shmidta Peninsula on Sakhalin Island in Russia in proximity to which oil producer Rosneft will explore an offshore blockPhoto: UGLEGORSK.NEWS
Published 23 April 2021, 13:43Updated 28 April 2021, 13:03