Tag: Sakhalin-1 project

Exxon Mobil Corp. has announced that phase one of the Sakhalin-1 project offshore Eastern Russia, led by its subsidiary Exxon Neftegas Ltd, and including affiliates of Rosneft, RN-Astra and Sakhalinmorneftegas-Shelf, Sakhalin Oil and Gas Development Co. Ltd and ONGC Videsh Ltd, has reached its targeted peak production rate of 250,000 barrels of oil per day.