Amur Gets ExxonMobil Contract

ExxonMobil has awarded Amur Shipbuilding Plant a $140 million contract to refurbish the Orlan platform. Reuters reports that the Russian plant, Amur, will modernize the platform in order to start extraction at the Sakhalin oil offshore deposit in Russia’s far east. ExxonMobil operates the Sakhalin-1 project, where work on the platform is anticipated to begin in June.