Rosneft announces a big oil discovery in the Pechora Sea
The prospect, located in shallow, icy waters, contains as estimated 82 million tons of oil.
The Russian state-run oil company Rosneft has announced the discovery of an oil prospect estimated to contain 82 million tons of oil in the Medynsko-Varandeyskoye license, an area in the Pechora Sea where the company previously drilled several exploration wells and found oil.
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