Igor Sechin

Vladimir Putin has held a working meeting with Rosneft Oil Company Chief Executive Officer Igor Sechin. The Company’s 2019 results and its promising projects were the main topics of the meeting. According to Igor Sechin, despite the deteriorating international situation, the 2019 results of Rosneft’s operation remained positive. For instance, …

Russia’s oil major Rosneft said it will start developing a cluster of oil fields in the Arctic region, which is believed to hold some of the world’s largest remaining untapped oil and gas reserves. According to the head of Rosneft Igor Sechin, preliminary estimates suggest that, starting from 2027 the …

ExxonMobil said it’s abandoning joint ventures with Russia’s Rosneft PJSC after international sanctions against the nation’s energy sector paralyzed a historic drilling project. ExxonMobil’s decision to quit its biggest exploration region was made late last year as the U.S. expanded sanctions, the company said in a 10-k filing on Wednesday. “The corporation expects …

Rosneft and BP have agreed to develop subsoil resources within the Kharampurskoe and Festivalnoye licence areas of the Yamalo-Nenets Autonomous Okrug in northern Russia, with total geological reserves exceeding 880 bcm of gas. The project envisages the development of the traditional gas reserves of the Cenomanian deposit, pilot production and …

As part of CERAWeek international gathering of energy industry leaders held in New Delhi, Rosneft Chief Executive Officer Igor Sechin and the Prime Minister of India Narendra Modi discussed the prospects of further cooperation between Rosneft and its Indian partners as well as creating favorable conditions for development of Rosneft …

RN-Exploration and Production LLC, Rosneft subsidiary and Statoil Russia AS, Statoil ASA subsidiary, signed the shareholders and operating agreement at the Eastern Economic Forum. The document is signed with regards to SevKomNeftegaz LLC, an enterprise that will serve as a basis for a future North-Komsomolskoye joint field development. The Document was signed in elaboration …

New U.S. sanctions imposed on Russia will have negative consequences for the United States and backfire on U.S. energy majors, Igor Sechin, chief executive officer of Russia’s largest oil producer Rosneft, said on Thursday. U.S. President Donald Trump grudgingly signed into law new sanctions against Russia on Wednesday, a move …

Rosneft and Tecnoclima S.p.A. entered into a Cooperation Agreement on the supply, modernization and maintenance of heating and ventilation systems for drilling rigs during a visit of the Italian delegation to Russia. The document was signed by Rosneft Chief Executive Officer Igor Sechin and Tecnoclima Chief Executive Officer Giulio Vescovi …

Rosneft started drilling of the Tsentralno-Olginskaya-1 well at the Khatangsky license area. The well is the northernmost at the Russian Arctic shelf. President of Russia Vladimir Putin launched exploration drilling via video link-up with Rosneft Chief Executive Officer Igor Sechin who was on the shore of the Khatanga bay. In …

Rosneft and Beijing Gas Group Company Limited (hereinafter, “Beijing Gas”) signed a Purchase and Sale Agreement and a Shareholder and Operating Agreement for the sale of a 20% stake in Verkhnechonskneftegaz (a Rosneft subsidiary) to the Chinese company, an Agreement on the Area of Mutual Interest in respect of the …