Kara Sea drilling 'on hold' for Rosneft

Russian state-owned Rosneft is unlikely to carry out further exploration drilling in the Kara Sea this year after US partner ExxonMobil pulled out of an initial discovery well due to Western sanctions, according to a report.

Exit: West Alpha from Kara Sea
Exit: West Alpha from Kara Sea
Published 30 January 2015, 10:56Updated 30 January 2015, 12:58