MSU Microbiologists Identify 100 Oil Decomposing Microorganisms Suitable for Use in Northern Seas
Under a contract with Rosneft to create a microbial medication for northern seas signed in 2014, scientists of Moscow State University’s biological faculty have identified about 100 microorganisms able to decompose oil and petroleum products at low temperatures including below zero ones. Over one year, more than 250 samples of …
Rosneft Brazil: Completes Solimoes Project Purchase
Rosneft Brasil and Petro Rio S.A. (PetroRio) announce the closing of the Rosneft Brasil transaction to acquire PetroRio’s 55% in the Solimões project. Closing follows formal approval of the transaction by ANP (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – Brazil). The finalization of the transaction will lead to …
Rosneft Drills a Record-breaking Well in Venezuela – Depth 347m Horizontal Section 1,500m
Rosneft, as part of a PetroMiranda JV including PDVSA and Gazprom Neft, has drilled an unprecedented horizontal well GG1-14 at the Junin-6 block. The well is unique for the shallow depth, only 1,140 feet or about 347 meters, of the reservoir interval and the length of horizontal section 4,920 feet …
GlobalData Analyst: US/EU Sanctions Could Lead to Restructuring of Russian Oil and Gas Industry
While Russia is continuing to pump crude oil at record levels, producing on average 10.685 million barrels per day in 2015, the continuous pressure from US/EU sanctions is having an impact on the strategic course of Russian oil and gas industry, says an analyst with research and consulting firm GlobalData. …
RPI: Drilling Quality, Not Quantity
In the Russian Federation 2014 became very significant in respect of qualitative change in the situation in the local drilling market. Firstly, the forecasts, only recently predicting fast growth of the open drilling market, did not come true. On the contrary, starting from spring of 2014 Rosneft built up its …
Rosneft and Japan Drilling Co., Ltd. Signed an Agreement for Drilling Exploration Wells Offshore Vietnam
Rosneft Vietnam B.V., a company of Rosneft Group, and Japan Drilling Co., Ltd. (JDC) represented by its subsidiary Hakuryu 5, Inc. signed an agreement on provision and operation of the marine drilling rig HAKURYU-5, for the purposes of drilling exploration wells within the framework of Rosneft’s projects in Vietnam. It …
Rosneft, Avestra Chemical and Far East Gas to study prospects of LPG and propylene supplies to China
Rosneft, Avestra Chemical (Suisse) SA and Manzhouli Far East Gas Co. Ltd. (Far East Gas) during the Eastern Economic Forum signed a tripartite memorandum of understanding over cooperation in supplies of propylene and various types of liquefied petroleum gas (LPG) to China. The document confirms intentions of the parties to …
Rosneft: Sells 15% of Vankorneft to ONGC Videsh
Rosneft and Indian ONGC Videsh Limited during the Eastern Economic Forum signed the agreement of sale and purchase of 15% in Vankorneft and shareholders agreement in regard of the enterprise management. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and Managing Director of ONGC Videsh …
Rosneft Vietnam: Hires Japan Drilling Co., Ltd. and Hakuryu 5 for Offshore Exploration Wells in Vietnam
Rosneft Vietnam B.V., a company of Rosneft Group, and Japan Drilling Co., Ltd. (JDC) represented by its subsidiary Hakuryu 5, Inc. signed an agreement on provision and operation of the marine drilling rig HAKURYU-5, for the purposes of drilling exploration wells within the framework of Rosneft’s projects in Vietnam. It …
Rosneft and ChemChina Develop Cooperation
Rosneft and China National Chemical Corporation (ChemChina) signed a Heads of Agreement on cooperation in equity investment in ChemChina Petrochemical Corporation (CCPC) and a Memorandum of Understanding for cooperation on the project of the Far-East Petrochemical Company (FEPCO). The documents were signed by the Chairman of Rosneft Management Board Igor …