Russia's Rosneft strengthened ties with Italian and Chinese partners, closing acquisition with Italy-based Pietro Barbaro S.p.A and signing a contract to increase cooperation with China Oilfield Services Limited (COSL).
'Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Limited (COSL) signed a contract to drill two exploration wells in 2016. The wells will be drilled in the Magadan-1 and Lisyansky areas of the Okhotsk Sea' Rosneft wrote on Wednesday.
According to Rosneft, COSL offered its semi-submersible drilling rig Nanhai-9 and won the tender based…
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