ExxonMobil confirms announcing force major on Sakhalin-1 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

ExxonMobil confirms announcing force major on Sakhalin-1

WASHINGTON, Apr 28 (PRIME) -- ExxonMobil confirmed on Thursday that it had announced a force major on Russia's Sakhalin-1, a representative told PRIME.

"Exxon Neftegas Ltd. has announced a force major on the Sakhalin-1 project," the official said.

The company has been unable to fulfill the contract liabilities in time or at all and to continue works in accordance with the global sea and oil industry standards due to the 'recent events'. As a result, the company reduced output, the official said, adding that ExxonMobil keeps plans to quit the project.


28.04.2022 19:54
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul