Rosneft

Rosneft President and Chairman of the Management Board Igor Sechin took part in the 10th Forum for Interregional Cooperation between the Russian Federation and Kazakhstan, which was held on November 11, 2013 in Yekaterinburg involving Presidents of the Russian Federation and Kazakhstan Vladimir Putin and Nursultan Nazarbayev. As part of …

Rosneft and Vietnam Oil and Gas Group (hereinafter referred to as PetroVietnam) signed Agreement on basic terms for geological survey, hydrocarbon exploration and production in the Pechora Sea. The agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Dr. Do Van Hau, President and …

Rosneft subsidiary TNK-Uvat has discovered a new oil field, it named Kirilkinskoye. The materials of the operational analysis of oil and dissolved gas reserves have been discussed and approved by the State Commission for Reserves. The drilling and testing in exploration well 72 of the Kirilkinsk oil pool resulted in …

Rosneft published the Voluntary offer to acquire RN Holding securities held by minority shareholders (hereinafter the Voluntary offer) and sent the Voluntary offer to RN Holding. Acting with accordance to the law on October 18, 2013 Rosneft submitted the Voluntary offer to Bank of Russia. Under the Voluntary offer, Rosneft …

Third quarter ended 30 September 2013 (30 September 2012) Production of 29.4 Mboepd (36.6 Mboepd) – Reduced production due to the planned Alvheim FPSO shutdown in August and integrity issues on certain Alvheim wells. Revenue of MUSD 279.8 (MUSD 343.3) EBITDA of MUSD 222.1 (MUSD 273.6) Operating cash flow of …

Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been selected by Rosneft and ExxonMobil to undertake the initial phase of the front-end engineering design (FEED) for a proposed Russian Far East liquefied natural gas (LNG) project. Foster Wheeler is one of two …

Rosneft announces the completion of the summer 2013 field prospecting season at the company’s offshore license blocks. Seismic prospecting has been conducted at the following blocks: Fedynsky, Central Barentsevsky, East-Prinovozemelsky 1, East-Prinovozemelsky 2, East-Prinovozemelsky 3, South-Russky, Medynsko-Varandeisky, Magadan-1, Magadan-2, Magadan-3, Lisyansky, Kashevarovsky and Astrakhanovskoe Sea – Nekrasovsky. The total scope …

Q3 2013 hydrocarbon production (including production of subsidiaries and proportionately consolidated entities, and the share in production by affiliates) increased by 2.0% and reached 4,884 th. boepd. Crude oil and liquids production has reached 4,193 th. boepd, gas production increased up to 10.82 bcm. Oil production growth is mainly due …

On October 22, 2013 Rosneft and Sinopec signed the Memorandum on prepaid export contract. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Fu Chengyu, Chairman of the Sinopec’s Board of Directors in the presence of Dmitry Medvedev, Prime Minister of the Russian …

Rosneft President and Chairman of the Management Board Igor Sechin and Chairman of the China National Petroleum Corporation Zhou Jiping have signed a Memorandum to expand cooperation in upstream projects in East Siberia in the presence of first vice premier of the People’s Republic of China Zhang Gaoli. The Memorandum …