Rosneft

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 …

Igor Sechin, Rosneft President and Chairman of the Management Board, took part in the 22nd World Energy Congress in Daegu, South Korea. The World Energy Congress is one of the most authoritative international energy forums and a key place for the development of energy dialogue between nations. At the forum, …

Rosneft has consolidated 100% of Taas-Yuriakh Neftegazodobycha LLC into Rosneft subsidiary RN-Vostochnaya Sibir LLC. The consolidation of Taas-Yuriakh Neftegazodobycha will boost the efficiency of Srednebotuobinsk oil and gas field development, which is one of the largest undeveloped fields in East Siberia, and will serve as foundation to create infrastructure for …

Rosneft President and Chairman of the Management Board Igor Sechin and Transneft President Nikolai Tokarev have signed a number of agreements in fulfillment of the strategic plans on mutually beneficial terms and based on principles of co-financing to increase oil supplies volumes to China and to the Rosneft’s Tuapse refinery …

Lundin Petroleum AB  is pleased to announce that Lundin Petroleum and its partner Gunvor Group (Gunvor) have entered into a Heads of Agreement with Rosneft Oil Company (Rosneft) to jointly sell 51 percent of LLC Petroresurs. LLC Petroresurs is the 100 percent owner of the Lagansky block licence located in …

Igor Sechin, Rosneft President and Chairman of the Management Board and Ian Lundin, Chairman of the Board of Directors of Lundin Petroleum AB today signed heads of agreement on Rosneft’s acquisition of a 51% interest in Petroresurs LLC. Commenting on the signing, Igor Sechin said: “The agreements reached will enable …