Rosneft

During the St. Petersburg International Economic Forum, Rosneft, Vnesheconombank and VEB Leasing signed a Strategic Cooperation Agreement on project financing and provision of  property leasing, leaseback and rent services for carrying out Rosneft and its subsidiaries operations. The Agreement provides for long-term leasing of production equipment  to Rosneft Group: drilling …

As part of XXII St. Petersburg International Economic Forum, Rosneft and Bashvzryvtechnologii signed an agreement on cooperation in the area of oilfield services. The document defines the main principles of mutually beneficial long-term cooperation through the implementation of joint oilfield service activities and the provision of services in such areas …

As part of the XXII St. Petersburg International Economic Forum, Rosneft and Moscow machine building experimental plant composite technologies (MMEZ-KT) concluded an agreement on cooperation to implement and use composite materials in the operational cycle of oil and gas production. The agreement with MMEZ-KT provides for the production and testing …

Russia’s Rosneft has quit Eurasia, an early-stage oil exploration project in Kazakhstan, while Shell has joined it, an executive of the Kazakh company involved in the project said on Monday. The Eurasia project focuses on exploring a geological area known as the Caspian Depression in western Kazakhstan by drilling ultra-deep …

Messoyakhaneftegaz, the Rosneft—Gazpromneft joint venture, has produced its five millionth tonne of oil at the Vostochno-Messoyakhskoye field — an achievement that has required just over 18 months’ commercial production at Russia’s northernmost oil and gas condensate field. Production at Messoyakha is currently running at more than 11,400 tonnes of oil per day. Development of the hard-to-recover reserves here has involved the …

Q1 2018 AVERAGE DAILY HYDROCARBON PRODUCTION AT 5.71 MMBOE, CLOSE TO Q1 2017 LEVEL              LIQUIDS PRODUCTION INCREASED BY 0.3% QoQ NEW UPSTREAM PROJECTS CAPACITY GROWTH IN LINE WITH THE APPROVED PLANS Q1 2018 GAS PRODUCTION AMOUNTED TO 16.9 BCM REFINING QUALITY IMPROVEMENT: LIGHT PRODUCTS YIELD REACHING 58.8%, REFINING DEPTH – …

Revenue growth by 22% to RUB 1.72 trln in 1Q 2018 EBITDA increase by 15.6% up to RUB 385 bln in 1Q 2018 Net income jumps by more than by 7 times to RUB 81 bln Considerable improvement in free cash flow to RUB 142 bln Short-term financial liabilities cut …

Among national oil companies (NOCs) considered – Gazprom, Rosneft Oil Company, Statoil, Oil and Natural Gas Corporation Ltd. (ONGC), Ecopetrol SA and Petróleo Brasileiro S.A. (Petrobras), and Petroliam Nasional Berhad (Petronas) – Gazprom has the highest remaining reserves for producing, planned and announced fields, with 84.5 billion barrels of oil …

Rosneft Board of Directors approved additional initiatives to “Rosneft-2022” Strategy taking into account the message of the President of the Russian Federation Vladimir Putin to the Federal Assembly. As previously announced, Rosneft-2022 key strategic focus is to increase profitability and returns on the existing assets. Our portfolio is comprised of …

Rosneft has completed the drilling of the first super deep exploration and appraisal well Maria-1 on the Zapadno-Chernomorskaya license area offshore the Black sea. The water depth at the drilling site reaches 2109 meters. The actual well depth is 5265 meters. Drilling this well discovered a unique carbonate structure with …