Rosneft’s First Vice President Heads Bashneft
And Andrey Lazeev was sent to raise Vostok Oil. Rosneft has replaced the head of Bashneft. Instead of Andrey LAZEEV, this post was taken by Rosneft’s First Vice President Vladimir CHERNOV on June 19. Since 2020, he also continues to hold the post of General Director of the Vostok Oil …
Rosneft: Production Results Per Q1 2021
Sustainable Development (ESG): In February 2021, Rosneft and bp signed a Strategic Cooperation Agreement, which aims to support the activities of both companies in the field of carbon management and sustainable development. The companies agreed to jointly develop new low-carbon approaches and programs, as well as work to identify potential opportunities …
Rosneft Vaccinates Employees
PJSC NK Rosneft has started vaccination of its employees in order to protect against COVID – 19. The first batch (50 thousand pieces) of Russian-made vaccine approved by the Ministry of Health of the Russian Federation was received by the Company. To remove the risk of morbidity, first of all, …
RN-Vankor: 2016 Production Drilling Up 3%
By the end of 2016 RN-Vankor had increased the volume of production drilling, on the Vankor field cluster, by 3% compared with 2015 – up to 305.2 thousand meters.. This was facilitated by the increase in the volume of drilling in Suzun Tagul and deposits, as well as growth in …
Rosneft Oil Company has Successfully Closed the Transaction of Selling 15% Shares in Vankorneft JSC to ONGC Videsh Limited
Rosneft Oill Company and ONGC Videsh Limited have closed the transaction of selling 15% shares in Vankorneft JSC to an Indian company. This transaction shows that the project portfolio of Rosneft Oil Company can be re-evaluated more than twice. Base price of the transaction is USD 1.27 billion (about 83 …
Vankorneft: Oil India, Indian Oil and Bharat Petroresources Take 23,9% Stake
Within his visit to India Rosneft Chairman of the Management board Igor Sechin signed in presence of the Minister of petroleum and natural gas Dharmendra Pradhan a set of documents, aimed at the creation of a unique international consortium, based on the Vankor project. Rosneft, Oil India, Indian Oil and …
ONGC Videsh and India Oil Corporation: In Talks to Increase Stake in Vankorneft to 49.9%
ONGC Videsh along with Indian Oil Corporation (IOC), Oil India and Bharat Petroleum is in talks to buy about 35 per cent additional stake in Russia’s Vankor oil field in Siberia for close to dollar 3 billion. OVL, the overseas arm of the state-owned Oil and Natural Gas Corp (ONGC), …
Rosneft: ONCG Videsh Takes 15% of Vankorneft
Rosneft and ONGC Videsh Limited signed an Agreement of Confirmation of successful completion of the first stage pre-completion actions in relation to the creation of a joint venture in JSC “Vankorneft”. The document was signed in the presence of the President of Russia Vladimir Putin and the Prime Minister of …
Rosneft: Sells 15% of Vankorneft to ONGC Videsh
Rosneft and Indian ONGC Videsh Limited during the Eastern Economic Forum signed the agreement of sale and purchase of 15% in Vankorneft and shareholders agreement in regard of the enterprise management. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and Managing Director of ONGC Videsh …
Vankorneft: 100 millionth Ton Produced at the Vankor Field
Vankorneft, a Rosneft’s subsidiary, produced the 100 millionth ton of oil on the Vankor oil and gas condensate field launched in 2009. Advanced engineering solutions across all the stages of drilling, pumping, processing and transportation of Vankor crude contributed to the high output. Vankor has one of the industry-highest oil …