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Rosneft and PDVSA signed cooperation agreement to implement projects on Venezuelan shelf

On July 2 in Moscow Rosneft’s President and Chairman of the Management Board Igor Sechin and Venezuelan Oil Minister and PDVSA President Rafael Ramirez in the presence of the President of the Russian Federation Vladimir Putin signed a cooperation agreement for implementation of offshore projects in Venezuela. The Agreement provides …

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Rosneft and Venezuelan Corporacion Venezolana del Petroleo Sign Joint Venture Agreement

On May 23, an agreement to create a joint venture to develop heavy oil reserves in Venezuela in the framework of the Carabobo-2 project was signed in Barcelona, Venezuela, by Rosneft and the Venezuelan Corporacion Venezolana del Petroleo (CVP), a subsidiary of PDVSA. The agreement was signed by Rosneft President …

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