ROSNEFT & STATOIL PARTNERSHIP
Russia's Rosneft and Norway's Statoil completed drilling works as part of the Pilot Project at the PK1 layer of the North-Komsomolskoye field in Purovsky and Nadymsky regions of Yamalo-Nenets Autonomous District.
'Rosneft and Statoil plan to hold wells testing and determine further prospects and methods of PK1 layer development based on the testing results' Rosneft wrote on Tuesday.
According to the Russian company, the joint operations indicate a strong resolve to work together in the long-term.
"Creation of partnerships for technologically complex projects' development is one of the strategic dimensions of the Company's evolvement. The pilot drilling at the North-Komsomolskoye field opens a new stage of the joint work of Rosneft and Statoil. The companies are working actively and continue developing the long-term cooperation" Igor Sechin commented.
Eleven months ago, the two companies started explorations operations at the Pingvin License PL713 prospect in the Norwegian section of the Barents Sea.
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