Russia's Sakhalin 1 contractor seeks $10 mln in damages from Parker Drilling

Parker Drilling Co

11/03/2025 09:16

MOSCOW, March 11 (Reuters) - A contractor at Russia's Sakhalin 1 oil and gas project has filed a lawsuit to Moscow Arbitration Court, seeking damages of 944 million roubles ($10 million) from U.S. Parker Drilling Management Services, court documents showed on Tuesday.

Details have not been disclosed.

The contractor Sakhalin Drilling Services (SDS) provided its services to Sakhalin 1, operated by U.S. major ExxonMobiil XOM.N until October 2022.

Before September 2022, SDS worked as part of the Parker Drilling Group. SDS was known as Parker Far East Drilling Services LLC before September 2022.

In 2022, Exxon took a $4.6 billion impairment charge for exiting the development in the Pacific island of Sakhalin, its largest investment in Russia, after the start of what Moscow has called a special military operation in Ukraine.

 (Reporting by Oksana Kobzeva, writing by Vladimir Soldatkin; editing by David Evans)

 ((vladimir.soldatkin@thomsonreuters.com; twitter: @vsoldatkin;))