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