Uncategorized

Max Petroleum PLC: Issuance of Director, Officer and Employee Share Options

Max Petroleum, an oil and gas company focused on Kazakhstan, today announces that additional options to subscribe for 89 million new ordinary shares of the Company (“Ordinary Shares”) were granted to the Directors, officers and certain employees of the Company on 27 May 2014 at an exercise price of 1.2p …

READ MORE →
Uncategorized

Max Petroleum Plc: Drilling Update

Max Petroleum Plc, an oil and gas company focused on Kazakhstan, today announces that it has completed drilling the KZIE-3 appraisal well in the East Kyzylzhar I Field to a vertical depth of 1,315 metres without encountering sufficient hydrocarbons to be commercial and it will be plugged and abandoned. The Zhanros …

READ MORE →
Uncategorized

NADL – Seadrill and North Atlantic Drilling Announce Investment and Co-operation Agreement with Rosneft to Partner in the Russian Market

North Atlantic Drilling Ltd. (“NADL” or the “Company”) and Seadrill Limited (“Seadrill”) are pleased to announce that an Investment and Co-operation Agreement has been executed with Rosneft in order to pursue growth opportunities offshore and onshore in the Russian market through at least 2022. As part of these proposed opportunities, …

READ MORE →
Uncategorized

Rosneft and ExxonMobil Extended Agreement on Implementation of the Far East LNG Project

Rosneft President, Chairman of the Management Board Igor Sechin and President of ExxonMobil Development Neil Duffin signed an agreement to extend the existing Strategic Agreement on implementation of the Far East LNG project. Work to progress engineering surveys on land and sea are scheduled for summer of 2014. At this …

READ MORE →
Uncategorized

Rosneft and General Electric Lay the Foundation for Joint Research

Rosneft and General Electric signed a Technology Cooperation Agreement at the 18th St. Petersburg International Economic Forum in furtherance of the initiative to set up a research and development center. The Technology Cooperation Agreement provides for a mechanism whereby individual targeted R&D agreements will be signed. This lays the foundation …

READ MORE →
Uncategorized

Rosneft Signed an Agreement with Association of Polar Explorers

Rosneft President, Chairman of the Management Board Igor Sechin and Association of Polar Explorers President Artur Chilingarov signed an Agreement of Cooperation. The parties agreed upon cooperation in the region of exploration and development of the Arctic shelf of the Russian Federation. In accordance with an agreement, Rosneft and Association …

READ MORE →
Uncategorized

Rosneft and BP Sign Agreement on Development of Domanik Formations

Rosneft and BP Exploration Operating Company Limited signed a Heads of Agreement on Domanik formations. The document was signed today within the framework of the St. Petersburg International Economic Forum by Rosneft President and Chairman of the Management Board Igor Sechin and BP Russia President David Campbell. The signature ceremony …

READ MORE →
Uncategorized

Rosneft, Seadrill and North Atlantic Drilling Expand Cooperation

Rosneft, North Atlantic Drilling Ltd. and Seadrill Limited signed an Investment and Cooperation Agreement at the 18th St. Petersburg International Economic Forum to form a long-term partnership with a view to capture the opportunities in developing Rosneft’s offshore and onshore projects until at least 2022. The signing ceremony was led …

READ MORE →
Uncategorized

Rosneft and SOCAR Signed a Joint-Venture Agreement

Rosneft President, Chairman of the Management Board Igor Sechin and President of the State Oil Company of the Azerbaijan Republic (SOCAR) Rovnag Abdullayev signed a joint venture agreement in the course of St. Petersburg International Economic Forum. The agreement provides for oil and gas exploration and production projects in different …

READ MORE →
Uncategorized

Rosneft and ONGC Videsh Sign Arctic MOU

Igor Sechin, President and Chairman of the Management Board, Rosneft and Dinesh Kumar Sarraf, Chairman of the Board of Directors, ONGC Videsh Ltd and Chairman & Managing Director, ONGC signed a Memorandum of Understanding at the St. Petersburg International Economic Forum, in the presence of Mr. Vladimir Putin, President of …

READ MORE →