Eni and Rosneft Commence Seismic Survey in Russian Offshore Barents Sea

Eni and Rosneft Commence Seismic Survey in Russian Offshore Barents Sea

Eni and Rosneft started seismic operations in the Fedynsky and Central Barents license areas, in the ice-free part of the Russian offshore Barents Sea. The 2D seismic survey is planned for 9950 km over the two license areas.

The seismic survey, preceded by environmental and fishery studies, is undertaken in compliance with Russian legal environmental requirements and license agreements. During the seismic survey a program of environmental monitoring will be implemented.

The data of the survey will be collected by geophysical methods from a specialized seismic survey vessel.

Eni and Rosneft formed Joint Venture companies to operate each of the Russian offshore projects, with Rosneft holding a 66.67% stake and Eni holding the remaining 33.33% stake.

The project is part of the wider cooperation between Eni and Rosneft sanctioned under the Strategic Cooperation Agreement entered into by the parties on 25th April 2012.

Press Release, July 08, 2013; Image: Rosneft