Rosneft, HRT and Petrobras Agreed to Study the Possibility of Gas Monetization in the Solimões Basin
Rosneft President, Chairman of the Managing Board Igor Sechin, HRT CEO Milton Franke and Petrobras Director of Gas and Energy Jose Alcides Santoro Martins signed a Memorandum of Understanding on cooperation to study development schemes for a joint monetization of gas in the Solimões Project in the Amazon region. The …
Weatherford: Confirms Rig Operation Sales to Rosneft for $500m USD Cash
Weatherford International plc entered into agreements with Rosneft for the sale of the Company’s land drilling and workover operations in Russia and Venezuela. The consideration is $500 million in cash. The Russian rig operations include 61 land drilling crews and a fleet of workover rigs, essentially pulling units while the Venezuela operations include 6 land drilling rigs. The …
Igor Sechin Held Negotiations in Venezuela
Rosneft President Igor Sechin held talks with the Minister of Popular Power for Oil and Mining and President of Petróleos de Venezuela, SA (PDVSA ), Rafael Ramirez Carreno. The parties discussed a wide range of issues regarding current cooperation between the companies, Rosneft activities in Venezuela and the outlook of …
Rosneft Acquires Oil Field Services from Weatherford International
Rosneft President Igor Sechin and Vice President of Weatherford International plc. for Russia Lance Marklinger signed an agreement for the acquisition of Rosneft land drilling and workover assets of Weatherford in Russia and Venezuela. The agreement envisages the acquisition of 8 companies (part of the Weatherford group) involved in drilling …
Rosneft Representatives Joined the Board of Directors of Pirelli & C. S.p.A.
A previously announced deal of purchasing of 50% share of Camfin, the company holding 26.19% of Pirelli & C. S.p.A. stake is bought in using the funds of pension funds and financial institutions involved on the principles of the project lending with the participation of Rosneft. The share in the …
Arctic Research and Design Center To fund Polar Bear Study
The Arctic Research and Design Center (the Rosneft and ExxonMobil JV) and the public organization called The Marine Mammals Council have entered in a research-and-development contract for staging polar bear studies in the areas of potential hydrocarbon development projects. Rosneft pays particular attention to preserving and protecting the polar ecosystems. …
Sakhalin’s Birthday: 125 Years Young
An important date for Sakhalin oil: 125 years ago exactly at the territory of present-day Okhinsky district geologic exploration was performed for the first time in Sakhalin oil and gas industry. Since that moment starts a rich history of Sakhalin hydrocarbons production. Business people knew about the presence of the …
Rosneft Started Geological Exploration in the Barents and Pechora Sea
Rosneft has started field works at five license blocks of the Barents and Pechora Seas: West Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky, South Prinovozemelsky and West …
Rosneft and ExxonMobil Have Installed Unique Berkut Platform on Sakhalin Shelf
Rosneft and ExxonMobil, within the framework of the Sakhalin-1 Consortium, have finished transport operation on transportation and installation of a unique sea drilling platform Berkut, which has the biggest upper part in the world at Arkutun-Dagi on North East shelf of Sakhalin Island. The adjustment works will be finished in …
Rosneft Announcement Regarding Gazprom Position on the Admission of Independent Gas Producers to the Major Gas Pipeline Network
The head of Gazprom Alexey Miller has announced that “Power of Siberia pipeline and export supplies to China were planned only for Gazprom resource base”. This position is completely different from the target of developing Siberia and Far East regions and openly contradicts the current legal system. The argument of …