Rosneft, BP sign Sakhalin operating accords

摘要

Moscow-Rosneft and BP have signed operating agreements relating to two license blocks at Sakhalin Island in Russia's Far East, Rosneft said late November 22. The agreements, under which BP will finance exploration, cover the West-Schmidt sector of Sakhalin 4 and the East-Schmidt sector of Sakhalin 5, according to a Rosneft statement. An operating agreement for the Kaygansko-Vasukansky sector of Sakhalin 5 already is in place.