2014

For the first time in history of Arctic Rosneft will carry out integrated ecologic fishery research on three licensed sites (LS) of Laptev Sea: Anisinsko-Novosibirsky, Ust’ Lensky and Ust’ Oleneksky. The Program of ecologic fishery research realization is the first and obligatory part of licensed sites water areas geologic research, …

In the second quarter and first half 2014, our total revenues increased by 52.3% and 27.7%, respectively, compared to the corresponding periods of 2013. The growth was mainly due to an increase in average prices for natural gas and liquid hydrocarbons, as well as higher liquid hydrocarbons sales volumes. Average …

Petrofac, the international oil & gas facilities service provider, has secured a contract with the BP-operated prestigious Shah Deniz 2 project to provide their maintenance build capabilities. The contract, valued at around £5 million, covers new onshore, offshore and pipeline assets in the Azerbaijan sector of the Caspian Sea for …

Rosneft President Igor Sechin and People’s Minister for Energy & Petroleum, PDVSA President Rafael Ramirez signed an agreement to arrange the training of citizens of the Bolivarian Republic of Venezuela in Rosneft partner universities.The document was signed in Caracas during the visit of Igor Sechin to Venezuela. As part of …

Rosneft President Igor Sechin and PDVSA Ingeniería y Construcción S.A. President Fadi Kabboul signed an Engineering & Construction JV Establishment and Management Agreement. The document was signed in Caracas during the visit of Igor Sechin to Venezuela. Pursuant to the document, Rosneft and PDVSA will set up a joint venture …

Rosneft President and Chairman of the Management Board Igor Sechin and Venezuelan Minister of Petroleum and Mining and PDVSA President Rafael Ramirez signed a Cooperation Agreement to implement offshore projects in Rio-Caribe and Mejillones blocks (Phase II of the Mariscal Sucre Project). As part of the document, the parties express …

Rosneft President, Executive Secretary of Russia’s Presidential Commission on Strategic Development of the Fuel and Energy Sector and Ecological Safety Igor Sechin took part in celebrations dated to 60th birthday of President of Bolivarian Republic of Venezuela Hugo Chavez. President of Venezuela Nikolas Maduro and family of Hugo Chavez took …

BP today announced its financial results for the second quarter of 2014. Underlying replacement cost profits for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the $3.2 billion result for the first quarter of …

The Directorate of OOO NK Souz has expressed gratitude to the team of ERIELL Group for profitable cooperation concerning wells testing within Kochmes area. The letter stated: “With the advent of OOO ERIELL NEFTEGAZSERVICE (RBU Russia, ERIELL Group) to Kochmess area the quality of wells testing works increases”. As of the effective date of the Contact testing operations are conducted within 5 wells …

Rosneft takes note of the rulings (published today) in related arbitrations brought by the former majority shareholders of Yukos Oil Company against the Russian Federation pursuant to the Energy Charter Treaty. Rosneft was not a party to, and did not participate in the arbitrations, is not bound by the published …