Rosneft: Signs JV with Keppel Offshore & Marine and MHWirth For Offshore Drilling Rigs
Rosneft, Keppel Offshore & Marine and MHWirth have signed shareholders’ agreement on establishing a Joint Venture (JV) for the creation of Design and Engineering Center for offshore drilling rigs in Russia. The main tasks of the Center established by the JV (Rosneft – 45%, Keppel Offshore & Marine – 45%, …
RN-Burenie: Spins Bit for RN-Sakhalinmorneftegaz at the Lebedinskoye Field
Rosneft commenced operational drilling at the Lebedinskoye oil and gas condensate field in the Sea of Okhotsk. It will drill a 5.3 km long horizontal extend-reach well under the bottom of the Sea of Okhotsk. Drilling operations are carried out by the drilling contractor RN-Burenie for RN-Sakhalinmorneftegaz, a Rosneft subsidiary. …
Rosneft Trading: Delivers First LNG Shipment to the Egyptian Natural Gas Holding Company
Rosneft Trading SA, a company of Rosneft Group, delivered its first LNG shipment as part of its contract with Egyptian Natural Gas Holding Company. The delivery of the cargo was made by the GOLAR ICE tanker to the Ain Sukhna port within the Master LNG Supply and Purchase Agreement signed …
Rosneft: To Pay Dividends of 11.75 Rub a Share
On April 22, 2016 a scheduled meeting of the Rosneft Board of Directors was held in Moscow to consider issues related to the annual general shareholders meeting of the Company for the year 2015. The Board of Directors resolved to call a Rosneft AGM and hold it in St. Petersburg …
Rosneft: To Improve and Streamline HO Efficiency – Pavel Fedorov to Lead the Team
As a step towards further efficiency enhancement Rosneft announces the optimization of the structure of the central administrative office. The new central administrative office management formula is based on best international practices, reflecting current industry fundamentals and increases management efficiency by consolidating subdivisions’ functions, expanding personal responsibility and reducing of …
Rosneft: Igor Sechin and Statoil's CEO, Eldar Saetre, Hold Talks
Rosneft Chairman of the Management Board Igor Sechin held talks with Statoil ASA President and CEO Eldar Saetre. The parties discussed the progress of joint projects implementation including preparation for the drilling at the shelf of the Okhotsk Sea. Igor Sechin and Eldar Saetre noted that the cooperation between the …
RN Vankor: Starts Drilling Operations at Tagulskoye
RN Vankor, a Rosneft subsidiary, started operational drilling at the Tagulskoye field. By the end of the year four production wells and one injection well are planned to be completed by drilling at the well pad №5. Drilling is being conducted using horizontal and directional methods in the reservoir of …
Rosneft: Eyes Essar Stake
During the visit to India Rosneft Chairman of the Management Board Igor Sechin has held negotiations with the Management of Essar. Preliminary mutual understanding has been achieved on the timing and structure of a deal to buy into the equity of Essar Oil Limited. The parties intend to sign and …
Vankorneft: Oil India, Indian Oil and Bharat Petroresources Take 23,9% Stake
Within his visit to India Rosneft Chairman of the Management board Igor Sechin signed in presence of the Minister of petroleum and natural gas Dharmendra Pradhan a set of documents, aimed at the creation of a unique international consortium, based on the Vankor project. Rosneft, Oil India, Indian Oil and …
Taas-Yuryakh Neftegasodobycha: Oil India, Indian Oil and Bharat Petroresources Buy 29.9% Stake
Rosneft (acting by the wholly owned subsidiary RN-Razvedka i Dobycha), Oil India, Indian Oil and Bharat Petroresources signed a legally binding share sale agreement relating to 29.9% participatory share in Taas-Yuryakh Neftegasodobycha. The document was signed by Rosneft Chairman of the Management Board Igor Sechin, Oil India Limited Chairman of …