Rosneft, ExxonMobil continue working in Arctic

Rosneft and the U.S. company ExxonMobil continue working on the well Univestitetskaya-1 on the Kara Sea shelf, Rosneft Vice-President Larisa Kalanda told reporters.

Rosneft and the U.S. company ExxonMobil continue working on the well Univestitetskaya-1 on the Kara Sea shelf, Rosneft Vice-President Larisa Kalanda told reporters.

"We are working on the Univestitetskaya well in accordance with the approved plan. We are satisfied with the decision made by the U.S. regulator, which has given appropriate permission to ExxonMobil, and we are thankful to our partner for this active position," she said.

"However, if the regulator had not given its permission to work on the well, Rosneft would, naturally, have its own plan and would be ready to continue the work on its own," the top manager said.

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