Rosneft Starts Field Seismic Prospecting and Environment Studies with its Partner Eni in the Barents Sea
Rosneft started field seismic operations at Fedynsky and Central Barents license areas, explored by Rosneft jointly with the project partner Eni, the major Italian oil company. 2D seismic survey is now scheduled along with the on-board gravity and magnetic measurements for 9,950 linear km in two license areas. The data …
Rosneft and Federal Tax Service Sign Second Agreement on Pricing for Tax Purposes
On July 04, 2013 Rosneft President Igor Sechin and Head of the Federal Tax Service of Russia Mikhail Mishustin signed the Pricing Agreement for the purpose of taxation of oil sales transactions at the Russian market. The Agreement applies to 2012 sales of crude oil produced by Slavneft Group enterprises …
Rosneft and PDVSA signed cooperation agreement to implement projects on Venezuelan shelf
On July 2 in Moscow Rosneft’s President and Chairman of the Management Board Igor Sechin and Venezuelan Oil Minister and PDVSA President Rafael Ramirez in the presence of the President of the Russian Federation Vladimir Putin signed a cooperation agreement for implementation of offshore projects in Venezuela. The Agreement provides …
Rosneft consolidated ITERA Oil and Gas Company
Rosneft and members of ITERA Oil and Gas Company LLC inform on the acquisition of the remaining 49% of ITERA Oil and Gas Company LLC from Itera Holdings Limited for USD 2.9 bln. As a result Rosneft increased its share in Itera Oil and Gas Company LLC to 100%. Consolidation …
Rosneft Launches Exploration Works and Environmental Analysis at Sea of Okhotsk Blocks
Rosneft starts field seismic prospecting at the license blocks Lisyansky, Kashevarovsky and Magadan-1. Rosneft holds geological study at the blocks jointly with its partner Statoil ASA (Norway). Currently 2D seismic along with shipborne gravity magnetic survey are planned for the blocks. The data is to be collected by geophysical methods …
Rosneft Takes Part in the St Petersburg International Economic Forum on June 20-22, 2013
Rosneft signed a record-high number of economic agreements, important for the company and the country in general, at the 17th St. Petersburg International Economic Forum, which traditionally put together representatives of the global political and business elites. “Today at the forum we sealed a number of new documents as part …
Rosneft and CNPC Sign Agreements on Crude Oil Supplies
Rosneft President and Chairman of the Management Board Igor Sechin and Chairman of China National Petroleum Corporation (CNPC) Zhou Jiping signed long-term crude oil supply contracts to China during the Saint Petersburg International Economic Forum. The signature ceremony was led by Vladimir Putin, President of the Russian Federation, and Zhang …
Rosneft Secures $2 bln Long-Term Loan from China Development Bank
Rosneft and China Development Bank finalized contractual documentation for a long-term credit line in the framework of facility agreement signed between the parties in March 2013. The facility agreement was signed by Rosneft President and Chairman of the Management Board Igor Sechin and President of China Development Bank Zheng Zhijie …
Rosneft and General Electric Sign Strategic Cooperation Agreement
Rosneft and General Electric signed a Strategic cooperation agreement during the St Petersburg International Economic Forum. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Jeffrey Immelt, GE Chairman and CEO, [in the presence of the Russian President Vladimir Putin]. The Agreement will …
Rosneft and ExxonMobil Advance Strategic Cooperation
Rosneft and ExxonMobil today announced the achievement of several milestones under their 2011 Strategic Cooperation Agreement, including joint venture formation for the Kara Sea and Black Sea projects, and establishing foundations for joint ventures to explore seven other licenses in the Russian Arctic and to manage the joint West Siberia …