Rosneft and General Electric Sign Strategic Cooperation Agreement
Rosneft and General Electric signed a Strategic cooperation agreement during the St Petersburg International Economic Forum. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Jeffrey Immelt, GE Chairman and CEO, [in the presence of the Russian President Vladimir Putin]. The Agreement will …
Rosneft and Statoil Advance Cooperation Agreement Implementation
Rosneft and Statoil signed agreement on completion of several milestones under the Cooperation Agreement entered into on May 5, 2012. The agreement has been signed by Rosneft President and Chairman of the Management Board Igor Sechin and Statoil CEO Helge Lund during Saint Petersburg International Economic Forum. – Signed Completion …
Rosneft and Eni Sign Completion Deed on Three Offshore Projects in Russia
Rosneft and Eni S.p.A., acting through their subsidiaries Rosneft JV Projects S.A. and Eni Energy Russia BV, signed Completion Deed for the Russian offshore projects (regarding Fedynsky, Central Barents blocks in the Barents Sea and Western Chernomorsky block in the Black Sea). – Completed formation of organizational structures for cooperation …
Rosneft Enters Norwegian Continental Shelf in the Barents Sea Following Results of 22nd Licensing Round
Following the results of the 22nd Licensing Round announced by the Norwegian Ministry of Petroleum and Energy, RN Nordic Oil AS, a 100% indirect subsidiary of Rosneft, has been granted the award of a 20% participating interest in the license PL713 covering the area of 1,213 sq. km. License PL713 …
Rosneft Head Visited GE Offshore And Underwater Hydrocarbon Production Department in Britain
Igor Sechin, Rosneft President, Chairman of the Management Board visited GE Offshore and Underwater Hydrocarbon Production Department in the English city of Aberdeen as part of a series of Rosneft delegation visits to GE production and engineering facilities. During the visit Rod Christie, Vice President, Subsea Systems, GE Oil & …
RPI Reports: The Number of Offshore Subsoil Users Should Be Increased
At the end of November 2012, the Deputy Prime Minister of Russia Arkady Dvorkovich said that “the question concerting the list of companies authorized to work on the Russian shelf will be discussed until around February 2013. A number of companies have shown interest in joining this work. A final …
Rosneft and ExxonMobil Expand Strategic Offshore Cooperation
Rosneft and ExxonMobil have agreed to expand their cooperation under their 2011 Strategic Cooperation Agreement to include approximately additional 600,000 square kilometers (150 million acres) of exploration acreage in the Russian Arctic, and potential participation by Rosneft (or its affiliate) in the Point Thomson project in Alaska. They have also …
Russian Prime Minister Signs Government Order to Transfer 12 Russian Offshore Acreages to Rosneft
Russian Prime Minister Dmitry Medvedev has signed an order transferring the rights to develop 12 acreages on the Russian continental shelf to Rosneft. The order gives Rosneft the right to use 12 subsoil acreages located in the Barents Sea (Severo-Pomorsky-1, Yuzhno-Prinovozemelsky, Zapadno-Prinovozemelsky, Zapadno-Matveevsky and Russky), Kara Sea (Severo-Karsky), Chukchi Sea …
OGP Publishes Revised Versions of Geophysical Position Data Exchange Formats
OGP has formally released revised versions of the former UKOOA (United Kingdom Offshore Operators Association, now Oil & Gas UK) P1, P2 and P6 formats for the exchange of geophysical position data in the oil & gas industry. The new versions provide a genuine standard medium for data exchange, introduce …
Arctic Tax Breaks Appearing from the Ice
The Russian State Duma has in a first reading proposed to abolish the property tax for all offshore Arctic gas projects. The tax reform, which is included in a legislative bill on offshore gas fields, comes after major pressure and long-dragged negotiations between Gazprom and government officials. As previously reported, …