ExxonMobil faces a loss for the quarter of US$2.3 billion.
Drilling & production
The partners will be sharing operational and technological competencies for developing hard-to-recover oil reserves in the Orenburg Oblast region of Russia.
The semi-submersible rig is due to spud the Luiperd-1 well offshore South Africa by September this year.
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The reduction is a result of an agreement to exclude Edison's Norwegian assets from the transaction.
Running 16 fields on the Norwegian continental shelf with power from shore will mean that total CO2 emissions will be about 3.2 million t lower per year than they otherwise would have been.
The platform is being constructed in the Kamennomysskoye-Sea gas field, located in the Ob Bay of the Kara Sea.
The regulation covers matters such as the extension of the productive life of mature fields and the exploration of marginal and onshore fields along with investments in deep and ultra deepwater acreages.