Rusvietpetro, a joint venture between Zarubezhneft OAO (ZRNFT) and Vietnam Oil & Gas Group, plans to start production at an oil field in northern Russia on July 29, International Oil Daily reported, citing company officials.
Output at the West Khosedayuskoye oil field in Russia’s Nenets region is expected to reach 180,000 metric tons by the end of the year, IOD reported today.
Total recoverable resources at the field are estimated at 20 million metric tons, IOD said.
Bloomberg.com
