Igor Sechin Appointed General Director of the Largest Subsidiary of Rosneft in Khanty-Mansi Autonomous Okrug
The RN-Yuganskneftegaz company, the largest subsidiary of Rosneft in the Khanty-Mansi Autonomous Okrug, was headed by a new director. An agency source familiar with the oil industry said that Alexander Shimansky has been appointed general director of the enterprise. Before him, Yegor Filippov performed the duties of manager. “Alexander Shimansky …
Khudainatov’s Company is Expanding Its Assets in Khanty-Mansi Autonomous Okrug
IPC acquired subsidiaries of the British Ruspetro, and Nyaganneft acquired a number of wells in Yugra. The buyer of the former assets of the Ruspetro oil company in Khanty-Mansi Autonomous Okrug-Yugra was the Independent Oil and Gas Company, owned by former Rosneft President Eduard KHUDAINATOV. IPC acquired the bankrupt companies Inga …
Ex Rosneft Head, Khudainatov, to Buy Geotex and Payakha for $500m
Khudainatov, who served as chief executive at state-controlled Rosneft while its current CEO Igor Sechin was deputy prime minister, is buying gas focused company Geotex and oil and gas producer Payakha, Kommersant said citing sources. It added that Khudainatov is buying assets through a firm called Independent Petroleum Company (IPC), …
Rosneft and Statoil Agree on Joint Offshore Operations in the Barents Sea and Sea of Okhotsk
Rosneft and Statoil signed a cooperation agreement to jointly explore offshore fields in the Russian sections of the Barents Sea and Sea of Okhotsk. The agreement also covers Rosneft’s participation in the exploration of license blocks in the Norwegian part of the Barents Sea, as well as the possible acquisition …
Rosneft and Eni Join Forces to Explore Fields in the Barents and Black Seas
Rosneft and Eni today signed a Strategic Cooperation Agreement to jointly explore fields in Russian sections of the Black and Barents Seas and exchange technology and staff. The agreement also envisages Rosneft’s participation in Eni’s international projects. Agreement in principle reached on joint exploration of Barents and Black Sea blocks …
Ministry of Economic Development Approves Rosneft’s APG Utilisation Investment Projects
The Ministry of Economic Development of the Russian Federation has passed an order approving two of Rosneft’s APG joint implementation investment projects. The order, No. 112 of 12 March 2012, approves a project to reduce APG flaring and generate electricity at the Khasyreiskoye deposit and a project to utilise APG …
Rosneft Appoints Vice President for Refining
Igor Pavlov was appointed Rosneft vice president for refining on March 11, 2012. Igor Pavlov has extensive experience in refining, having worked at Angarsk Petrochemical Company in 1989-2008 and as CEO of OJSC Achinsk Refinery in 2008-2012. Commenting on the appointment, Rosneft President Eduard Khudainatov said: “In implementing our large-scale …
Rosneft and ITERA Group Sign Strategic Cooperation Agreement
Rosneft and ITERA Oil and Gas Company have signed a strategic cooperation agreement for joint exploration and development of gas deposits in Russia. The agreement signed by Rosneft President Eduard Khudainatov and ITERA Oil and Gas Company Chairman of the Board of Directors Igor Makarov envisages the possibility of establishing …