Eurasia Journal News

Vostochno-Messoyakhskoye: Start Commercial Production

A ceremonial event marking the launch of the Vostochno-Messoyakhskoye field took place today. The event was attended by Alexey Miller, Chairman of the Gazprom Management Committee, Igor Sechin, Chief Executive Officer of Rosneft, and Alexander Dyukov, Chairman of the Gazprom Neft Management Board. Russian President Vladimir Putin gave the command via a video call to start offloading oil …

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Eurasia Journal News

Rosneft and BP Russia: Sign Collaborative Agreement with Schlumberger on Seismic Research and Development

Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger was represented by President for Russia and Central Asia Gokhan …

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Eurasia Journal News

Rosneft and PetroVietnam Expand Cooperation

Rosneft and Vietnam Oil and Gas Group (PVN) PetroVietnam have signed a cooperation agreement. The document was signed in the presence of Russian Prime Minister Dmitry Medvedev and Prime Minister of the Socialist Republic of Vietnam Nguyen Xuan Phuc by Rosneft Chairman of the Management Board Igor Sechin and the …

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Eurasia Journal News

Rosneft: Igor Sechin and Statoil's CEO, Eldar Saetre, Hold Talks

Rosneft Chairman of the Management Board Igor Sechin held talks with Statoil ASA President and CEO Eldar Saetre. The parties discussed the progress of joint projects implementation including preparation for the drilling at the shelf of the Okhotsk Sea. Igor Sechin and Eldar Saetre noted that the cooperation between the …

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Eurasia Journal News

Rosneft and Petrovietnam Leaders Visit Rosneft Operated Exploration Drilling Rig

Rosneft Chairman of the Management Board Igor Sechin and Petrovietnam’s President & CEO Nguyen Vu Truong Son made a visit to Rosneft operated Lan Tay production platform and exploration drilling rig in Block 06.1 offshore Vietnam. Rosneft is the operator of the Block 06.1 asset with participating interest of 35%, …

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Eurasia Journal News

Rosneft Vietnam: Spins Bit at PLDD-1X

Rosneft Vietnam B.V., a company of Rosneft group, has started drilling exploration well PLDD-1X at Block 06.1 located offshore Vietnam. For the first time Rosneft is operating a drilling project, in International waters confirming the Company’s competence and ability to implement technically complex drilling programs offshore. The design depth of …

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Eurasia Journal News

Rosneft: Interested in Saudi Aramco Privatization

Oil giant Rosneft is interested in the privatization of Saudi Arabia’s national petroleum company Saudi Aramco, according to Rosneft CEO Igor Sechin who made the statement at the International Petroleum Week forum in London. “We are very interested in possible privatization of Saudi Aramco and we would support such a …

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Eurasia Journal News

Igor Sechin: Supply and Demand to Converge by the End of 2016

The head of Rosneft, the Kremlin-controlled oil company, has blamed ‘robot’ traders and producers in the Middle East and US for crushing oil prices, in a sign Moscow is unlikely to back calls for coordinated output cuts with OPEC. Igor Sechin, the close ally of president Vladimir Putin and Rosneft …

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Eurasia Journal News

Rosneft and GE Develop Joint Manufacturing in Russia

Rosneft and General Electric signed a long-term cooperation program. The document involves construction plan of joint ventures for production of marine, oil and gas, and electrical equipment to ensure timely construction and commissioning of production facilities. In particular, Rosneft and GE will continue their cooperation in developing ship-building projects of …

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Eurasia Journal News

Rosneft: ONCG Videsh Takes 15% of Vankorneft

Rosneft and ONGC Videsh Limited signed an Agreement of Confirmation of successful completion of the first stage pre-completion actions in relation to the creation of a joint venture in JSC “Vankorneft”. The document was signed in the presence of the President of Russia Vladimir Putin and the Prime Minister of …

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