Rosneft and ExxonMobil expand strategic cooperation in Russian Arctic and Alaska
Green Car Congress
FEBRUARY 13, 2013
Rosneft and ExxonMobil will expand their cooperation under their 2011 Strategic Cooperation Agreement ( earlier post ) to include an additional approximately 600,000 square kilometers (150 million acres) of exploration acreage in the Russian Arctic and potential participation by Rosneft (or its affiliate) in the Point Thomson project in Alaska. It is estimated that Point Thomson contains approximately 25% of the known gas resource base in Alaska’s North Slope.