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Rosneft’s Board of Directors convened a regular meeting on April 27, 2012 to consider issues relating to the Annual General Shareholders’ Meeting.
Rosneft’s Board of Directors conducted a meeting by absentee ballot on April 24.
Rosneft and Eni today signed a Strategic Cooperation Agreement to jointly explore fields in Russian sections of the Black and Barents Seas and exchange technology and staff. The agreement also envisages Rosneft’s participation in Eni’s international projects.
Joint ventures being created to explore in Russian Black Sea and Kara Sea; initial planning and exploration steps taken at the license areas in those waters; Rosneft subsidiaries take equity in promising exploration and development projects in the United States and Canada Russian government’s new tax approach strengthens incentives for offshore operations
Rosneft-Stroytransgaz Limited (RN-STG), controlled by Rosneft and Stroytransgaz, is working jointly with Sonatrach, Algeria’s national oil company, to begin reservoir delineation at three earlier discovered deposits within Block 245 South in Algeria. The three deposits are East Takuazet, West Takuazet and North Tisselit.