'Sanctions risk' for Kara Sea well

Exploration work being carried out by ExxonMobil in Russia’s Kara Sea using a Seadrill-owned rig reportedly is at risk of suspension due to the latest round of Western sanctions, which are also set to hit a raft of upstream projects from the Caspian Sea to Iraq and Ghana.

Drilling effort: semisub West Alpha in Kara Sea
Drilling effort: semisub West Alpha in Kara Sea
Published 15 September 2014, 08:36Updated 11 October 2016, 15:32
Eastern Europe