Rosneft

The research and development expedition to investigate ice and metocean conditions in the Russian arctic organized by The Arctic Research and Design Center (the Rosneft and ExxonMobil JV) with the support of Arctic and Antarctic Research Institute experts has started in the White sea. Scientific research vessel Akademik Tryoshnikov departed …

Rosneft announces the close of the deal for the acquisition of land drilling and workover assets of Weatherford in Russia and Venezuela The closure marks the realization of the agreement signed in July 2014 by Rosneft and Weatherford International plc. Rosneft acquires 8 companies (part of the Weatherford group) involved …

€1.9 billion ($2.5 billion) is the largest award ever made by ECtHR by a factor of twenty-one times. 31 July 2014, London: Today the European Court of Human Rights (ECtHR) in Strasbourg announced its largest ever award of Just Satisfaction. The award of €1.9 billion ($2.5 billion) to YUKOS Oil …

North Atlantic Drilling  is pleased to announce that 6 binding offshore contracts have been executed with Rosneft Oil Company. The total revenue potential for the six contracts exclusive of mobilization is approximately US$4.25 billion. According to the agreement, any break rights expire after 100 days. The executed contracts include 5 …

Rosneft and North Atlantic Drilling Ltd. have entered into long-term offshore drilling contracts. The transaction contemplates employment of six offshore drilling rigs until 2022 with the purpose of carrying out Rosneft offshore projects, including harsh environment. After the signing, Igor Sechin stated: “Entering into long-term offshore drilling agreements will allow …

For the first time in history of Arctic Rosneft will carry out integrated ecologic fishery research on three licensed sites (LS) of Laptev Sea: Anisinsko-Novosibirsky, Ust’ Lensky and Ust’ Oleneksky. The Program of ecologic fishery research realization is the first and obligatory part of licensed sites water areas geologic research, …

Rosneft President Igor Sechin and People’s Minister for Energy & Petroleum, PDVSA President Rafael Ramirez signed an agreement to arrange the training of citizens of the Bolivarian Republic of Venezuela in Rosneft partner universities.The document was signed in Caracas during the visit of Igor Sechin to Venezuela. As part of …

Rosneft President Igor Sechin and PDVSA Ingeniería y Construcción S.A. President Fadi Kabboul signed an Engineering & Construction JV Establishment and Management Agreement. The document was signed in Caracas during the visit of Igor Sechin to Venezuela. Pursuant to the document, Rosneft and PDVSA will set up a joint venture …

Rosneft President and Chairman of the Management Board Igor Sechin and Venezuelan Minister of Petroleum and Mining and PDVSA President Rafael Ramirez signed a Cooperation Agreement to implement offshore projects in Rio-Caribe and Mejillones blocks (Phase II of the Mariscal Sucre Project). As part of the document, the parties express …

Rosneft President, Executive Secretary of Russia’s Presidential Commission on Strategic Development of the Fuel and Energy Sector and Ecological Safety Igor Sechin took part in celebrations dated to 60th birthday of President of Bolivarian Republic of Venezuela Hugo Chavez. President of Venezuela Nikolas Maduro and family of Hugo Chavez took …