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Rosneft and ExxonMobil to collaborate in the development of Black Sea basin
Russia’s Rosneft and ExxonMobil have found common ground regarding joint development of oil and gas resources in the Black Sea, which involves exploration and production in the Tuapse Trough, an 11,200-square-kilometers deepwater offshore area along the Black Sea coast of the Krasnodar region.
read more... 14/02/2011
New Brazil oil law.
Brazil’s lower house approved a new law which gives the government more control over the deepwater reserves off the country’s coast.
read more... 07/12/2010