Production

ExxonMobil closer to completing Sakhalin 1 exit

US supermajor claims it is ‘engaged in transitioning’ its 30% stake ‘to another party’

Breakthrough: the Orlan oil production platform operated by Exxon Neftegaz for Russia’s Sakhalin 1 project
Breakthrough: the Orlan oil production platform operated by Exxon Neftegaz for Russia’s Sakhalin 1 projectPhoto: EXXON NEFTEGAZ
  • Vladimir Afanasiev
Published 5 August 2022, 10:53Updated 10 August 2022, 15:04
ExxonMobilSakhalin 1RussiaONGC VideshSakhalinmorneftegaz