Rosneft and Eni signed agreements to set up JVs for Russian offshore projects
Joint ventures being set up to serve as operators for Russian offshore projects Mutual guarantees agreements signed Rosneft and Eni S.p.A. have today signed agreements ensuring practical implementation of a Cooperation agreement concluded in April 2012. The documents were signed by Rosneft President Igor Sechin and Eni CEO Paolo Scaroni …
Rosneft and VTB Bank sign strategic partnership agreement
Rosneft and VTB Bank have today concluded a strategic partnership agreement. The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board and VTB Bank Chairman and CEO Andrey Kostin at the St Petersburg International Economic Forum. The agreement covers various types of services in corporate …
Cooperation between Rosneft and General Electric
On June 21, 2012 I. Sechin, Rosneft President, and John Krenicki, GE Vice Chairman President and CEO of GE Energy, and Cristiano Tortelli, GE Energy CEO for CEE, Russia and CIS, signed a Memorandum of Understanding and a Cooperation Agreement. These documents provide for implementation of joint projects intended to …
Rosneft and the Moscow Region Signed Cooperation Agreement
Today in St Petersburg I. Sechin, Rosneft President, and S. Shoigu, Moscow Region Governor, signed an agreement for strengthening comprehensive cooperation under social, economic, industrial and infrastructural projects for the Moscow Region development. The Agreement provides for implementation of significant social and economic projects in the Moscow Region. The Moscow …
Rosneft and the Urals federal district sign Strategic partnership agreement
Rosneft President Igor Sechin and Presidential Envoy in the Urals federal district Igor Kholmanskikh have signed a Strategic partnership agreement aimed at promoting social and economic development of the Urals federal district. The ceremony took place at the St Petersburg International Economic Forum. The agreement seals the parties’ intention to …
Rosneft Held Regular Meeting of Shareholders
On June 20, a regular Annual General Meeting of Rosneft shareholders took place in Saint-Petersburg. Holders of 97.19% of the Company’s shares took part in the meeting. The Annual Report, the accounting statements and 2011 Rosneft net profit distribution were approved of by the Meeting. It was decided to distribute …
Rosneft and ExxonMobil signed agreements expanding Western Siberia tight oil development and sealing ExxonMobil’s entry into the Arctic Research and Design Center for Offshore Development
Rosneft and ExxonMobil signed agreements for the joint development of several tight oil fields in Western Siberia and for ExxonMobil’s entry into the Arctic Research and Design Center for Offshore Development. The signing marks a further step in the implementation of the long-term Strategic Cooperation Agreement signed between the two companies …
Dmitry Avdeev Appointed Vice President at Rosneft
Dmitry Avdeev has been appointed Vice President for finance and economics at Rosneft. Mr. Avdeev has spent 17 years working with issues related to the Russian oil and gas industry. In 1995-1998, he served as deputy head of the project finance department at oil company Sidanco, before moving to work …
Rosneft Announces Results of Share Buyback
On May 30, 2012 Rosneft’s Board of Directors announced the preliminary results of the Company’s share buyback. Rosneft shareholders were entitled to request a share buyback in accordance with regulations set down in the federal law On Joint Stock Companies following the approval of major transactions at an extraordinary shareholders’ …
Rosneft: The Model for Drilling Success
K.V.Kudashov, R.A. Malakhov, Rosneft Oil Company Introduction In 2010, Rosneft was the fourth largest oil producer in the world, and the largest producer in Russia (Fig. 1). It is impossible to increase and maintain this position and continue to produce high production levels without increasing the volume of wells drilled …