Igor Sechin Participates in Meeting with Prime Minister of India Narendra Modi and leaders of the Energy Industry
Rosneft Chief Executive Officer Igor Sechin took part in an online meeting of Indian Prime Minister Narendra Modi with the heads of world oil and gas companies. The event was also attended by Hardeep Puri, Minister of Petroleum and Natural Gas, Minister of Housing and Urban Affairs of India; Mohammad …
Rosneft: Sells 5% in Vostok Oil to a Consortium of Vitol and MME
Rosneft and a consortium of Vitol S.A. and Mercantile & Maritime Energy Pte. Ltd. (75% – Vitol, 25% – MME) have closed a deal to sell a 5% stake in the authorized capital of Vostok Oil LLC. The deal was approved at a meeting of the Rosneft Board of Directors. …
Igor Sechin and Bernard Looney Hold a Meeting
During the Russian Energy Week-2021 (REW), a meeting was held between Igor Sechin, Chief Executive Officer of Rosneft, and Bernard Looney, Chief Executive Officer of BP. The parties discussed the prospects of cooperation development, including the possibility of gas supplies to Europe under an export contract between the companies. “Implementation …
Rosneft’s Internal Audit Service Receives the Highest Rating from International Experts
The activities of the Rosneft Internal Audit Service comply with the International Professional Standards for Internal Auditing (IA) and the Code of Ethics of the Institute of Internal Auditors, which is the highest rating for internal audit. An external assessment of the activities of Rosneft was carried out by one of …
Rosneft: Presents New Developments of Unique Software
Rosneft held a scientific and technical conference Digital Technologies in Hydrocarbon Production: From Models to Practice. More than 500 leading representatives of industry, science and IT-sphere from different cities of Russia took part in the event. The organizer was the Scientific Institute of the RN-BashNIPIneft Company. Digitalization in all areas of the …
Rosneft: Starts the Implementation of the Vostok Oil Energy Supply Project
Rosneft has started design work and a complex of engineering surveys for key Vostok Oil energy facilities. Autonomous power supply of the project facilities will be provided through the construction of its own power plants with a total capacity of about 3.5 GW. This is the highest indicator among the enterprises of …
Rosneft: Starts Construction of River Berth Infrastructure for the Vostok Oil Project
Rosneft has begun construction of berths on the Yenisei River to develop transport logistics for the Vostok Oil megaproject. The bases under construction Tochino, Tanalau and the Sever Bay are located in the Taimyr Dolgano-Nenets District of the Krasnoyarsk Territory. In the near future, storage sites for materials and equipment will be …
Is There Actually Oil in the Bazhenov Suite?
The article’s title may trigger a hefty dose of skepticism in many readers. due to the fact that the Bazhenov Suite is considered the largest oil reserve in Russia. The efforts taken to develop this reserve are about to bare fruit and the “mystery of the century” is about to …
Rosneft and ExxonMobil to Cooperate in Carbon Management
Rosneft Oil Company and ExxonMobil have signed a Memorandum of Understanding to cooperate to assess the potential of lower-carbon technologies to reduce greenhouse gas emissions. The companies will consider the prospects of new projects initially focused on carbon capture, utilisation and storage and the development of lower-carbon fuels, such as …
RN-Yuganskneftegaz: Drills Record Well
RN-Yuganskneftegaz (a production asset of Rosneft) drilled a well with a record horizontal section length of 1,482 meters in the Bazhenov formation of the Priobskoye field. The company pays great attention to the development of hard-to-recover oil reserves (TRIZ). The growth of exploration drilling, as well as the fastest possible involvement …