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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 …

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Rosneft and BP Signed a Long-Term Contract for the Delivery of Oil Products on a Pre-Paid Basis

Rosneft and BP Oil International Limited signed a set of agreements designed to organize long-term deliveries of oil products and oil on a pre-paid basis. The terms of transaction provide for export deliveries of oil products with possible substitution with oil of up to 12 million tons within 5 years …

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Navigation Сampaign Launched at Vankor

Rosneft subsidiary Vankorneft has launched the navigation campaign on delivery of nearly 400 thousand tons of cargoes via the Bolshaya Kheta River (left tributary of the Yenisei). This year, in addition to traditional cargo transportation at the Vankorskiy production site and the Priluki terminal, the delivery at the Suzunskoye field is …

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Rosneft and Statoil Held Negotiations on Further Cooperation and Development of Joint Projects

Rosneft President, Chairman of the Management Board Igor Sechin held negotiations with Statoil CEO Helge Lund. The parties discussed joint projects on geological exploration on the Russian continental shelf in the Barents Sea and the Sea of Okhotsk, and projects on the development of Domanic deposits at the license blocks …

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Rosneft, Gazprom, Novatek, Gazprombank, Sovkomflot, USC and Ministry of Industry and Trade Sign JV Agreement To Form Far Eastern Shipbuilding Center

At the 21st World Petroleum Congress Rosneft, Ministry of Industry and Trade of the Russian Federation, Gazprom, NOVATEK, Gazprombank, Sovkomflot, United Shipbuilding Corporation signed a Joint Venture Agreement in relation to the implementation of vessel, drilling rig and marine equipment construction and design projects on the 16th of June. The …

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Rosneft and Yokogawa Electric Corporation signed a Strategic Cooperation Agreement

Igor Sechin, President and Chairman of the Management Board, Rosneft and Shuzo Kaihori, Chairman and Chief Executive Officer, Yokogawa Electric Corporation signed a Strategic Cooperation Agreement at the 21st World Petroleum Congress. Under this agreement, Rosneft will on a tender basis consider Yokogawa as a vendor of automated process control …

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The Kara-Winter-2014 Ice Expedition Has Finished Field Studies in the Arctic Ocean

The Kara-Winter-2014 Ice Expedition organized by the Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) with expert support from the Arctic and Antarctic Research Institute Federal State Budget Institution was successfully finished. It has become the largest expedition in the Arctic Ocean since the USSR collapse. …

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Yuganskneftegaz: Starts Two New Production Units

Rosneft subsidiary Yuganskneftegaz officially opened two new oil and gas production units at the Priobskoye field, oil and gas production unit–22 and oil and gas production unit–23. The creation of new production units in Yuganskneftegaz is caused by intensive commissioning of producing wells after drilling, construction of multiple well platforms …

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NADL – Seadrill and North Atlantic Drilling Announce Investment and Co-operation Agreement with Rosneft to Partner in the Russian Market

North Atlantic Drilling Ltd. (“NADL” or the “Company”) and Seadrill Limited (“Seadrill”) are pleased to announce that an Investment and Co-operation Agreement has been executed with Rosneft in order to pursue growth opportunities offshore and onshore in the Russian market through at least 2022. As part of these proposed opportunities, …

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Rosneft and ExxonMobil Extended Agreement on Implementation of the Far East LNG Project

Rosneft President, Chairman of the Management Board Igor Sechin and President of ExxonMobil Development Neil Duffin signed an agreement to extend the existing Strategic Agreement on implementation of the Far East LNG project. Work to progress engineering surveys on land and sea are scheduled for summer of 2014. At this …

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