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Russian Delegation Headed by Rosneft President I. Sechin Commences Work in Venezuela

On May 22, the Russian delegation headed by Rosneft’s President Igor Sechin started its work in Venezuela. As part of the visit, Rosneft President and Chairman of the Management Board Igor Sechin will hold talks with Venezuelan President Nicolás Maduro and Minister of Energy & Petroleum Rafael Ramírez. The parties …

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Rosneft Tax Department Named Best In-House Team of the Year by International Tax Review

International Tax Review – the leading periodical on taxation – named the best tax advisers and the best in-house tax team in London on May 15, 2013 at European Tax Awards ceremony. Rosneft’s Tax Department was named European in-house tax team of the year for direct tax. Rosneft’s Tax Department …

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Rosneft Takes Management Decisions

Rosneft has taken important decisions as part of the principal stage of TNK-BP integration, as a result of which the united Company improved efficiency of its corporate structure and introduced uniform performance standards. Rosneft Management Board cancelled standards of corporate governance in effect in TNK-BP and approved uniform policies and …

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Rosneft Head Visited GE Offshore And Underwater Hydrocarbon Production Department in Britain

Igor Sechin, Rosneft President, Chairman of the Management Board visited GE Offshore and Underwater Hydrocarbon Production Department in the English city of Aberdeen as part of a series of Rosneft delegation visits to GE production and engineering facilities. During the visit Rod Christie, Vice President, Subsea Systems, GE Oil & …

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Rosneft completes acquisition of minority stake in Saras S.p.A.

Rosneft JV Projects S.A., an indirect 100% subsidiary of Rosneft announces, pursuant to Article 41, paragraph 2, letter c) of the Consob Regulation no. 11971/1999, that on April 23, 2013 it completed the acquisition of 130,290,883 shares of Saras S.p.A. (representing approximately 13.70% of the issued share capital of Saras …

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Rosneft Head Held Working Meeting With Kirghiz Prime Minister

On the 22th of April Igor Sechin, Rosneft President, Chairman of the Management Board, held a working meeting with Zhantoro Satybaldyev, Kirghiz Prime Minister. The parties discussed a wide range of issues concerning bilateral cooperation between Rosneft and the Republic of Kirgizia. During the meeting Igor Sechin and Albek Ibraimov, …

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Suzunskoye Field Reserves Increase by 15% Following Additional Exploration

Recoverable reserves of Suzunskoye field increased almost 15% reaching 44.9 mln tonnes of oil. Revaluation was conducted after drilling of an additional well, which gave flow rate of 281 tonnes per day. Supplementary exploration was conducted after specialists of Tyumen Oil Scientific Center thoroughly researched geological peculiarities of Suzunskoye field …

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Rosneft President Discusses Bilateral Cooperation With Prime Minister of Iraq

On April 16 Igor Sechin, Rosneft President, Chairman of the Management Board and Sergey Chemezov, Rostec State Corporation Director General held talks with the Iraqi Prime Minister Nouri al-Maliki as part of a working visit to Iraq. During the talks Rosneft offered to conduct technical audit of facilities in operation …

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Rosneft and Marubeni Corporation Sign Memorandum for Cooperation in LNG, Joint Oil and Gas Fields Exploration and Development

On April 17, 2013 Rosneft and Marubeni Corporation signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields. The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Fumiya Kokubu, Marubeni Corporation President and CEO, Member …

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New Oilfield Discovered Within Uvat Project

TNK-Uvat has discovered a new Severo-Keum oilfield in Uvat district of Tyumen region. Recoverable C1 and C2 reserves are estimated at 2.4 million tonnes. Commercial oil inflow was received in the exploration well № 64 from BS-8 (neocom) formation on the Severo-Keum license area. The discovery of a new oilfield …

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