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  • Rosneft and Eni To Extend Cooperation in Russia and Abroad
    édité le 17/05/2017 - Plus de news de "Rosneft" - Voir la fiche entreprise de "Rosneft"


Rosneft and Eni To Extend Cooperation in Russia and Abroad
Rosneft and Eni S.p.A. entered into a Cooperation extension agreement in the areas of upstream, refining, marketing and trading during the visit of an Italian delegation to Russia. The document was signed by Rosneft CEO Igor Sechin and Eni CEO Claudio Descalzi in the presence of Russian President Vladimir Putin and Italian Prime Minister Paolo Gentiloni.

The Agreement provides for the development of cooperation between Rosneft and Eni in Russia and abroad in the following areas: exploration and production of hydrocarbons, refining, trading, logistics, marketing and sales, petrochemicals, technology and innovation.

The document reinforces the previous agreements between the two companies, specifically in offshore to drill exploration wells as part of joint projects in the Black and Barents seas.

In addition, the parties will consider further expanding their international cooperation, including the Zohr project offshore Egypt, as well as the potential for joint supplies of refined products to the country.

Rosneft and Eni agreed to assess the potential for cooperation in refining at German refineries where both companies are shareholders, including the optimization of feedstock supplies. The parties also intend to consider using Eni technologies to refine heavy oil residues at Rosneft refineries.

About Rosneft and Eni

In 2012, Rosneft and Eni signed a Strategic Cooperation Agreement, which provides for joint development of areas in the Black and Barents Sea in Russia, and for Rosneft to participate in Eni's international projects.

The Black Sea project will be executed on the Western Black Sea license area.

In December 2016, Rosneft signed a deal with ENI to acquire a 30% stake in the Concession for the Zohr gas field (with an option to acquire a further 5%), and a 15% stake in the Project Operator. The field is located in Egyptian offshore and is the largest gas discovery of the recent years. Rosneft is therefore becoming a participant in a project to develop Egypt's largest hydrocarbon field, and stands alongside with its global partners: Eni and BP. Once the deals between Rosneft, Eni and BP are completed, the ownership of the Concession Agreement can be structured as follows: Eni – 50%, Rosneft – up to 35%1, BP – up to 15%.

About Rosneft

Rosneft is the leader of Russia’s petroleum industry and the world’s largest public oil and gas company by liquid hydrocarbon production and reserves. The Company’s core operations are in hydrocarbon exploration and appraisal, production of oil, gas and gas condensate, offshore developments, refining, marketing of oil, gas and oil products inside and outside Russia, and investment activity.

Rosneft’s exploration and production geography spans across all key oil and gas provinces in Russia, namely Western Siberia, Southern and Central Russia, Timano-Pechora, Eastern Siberia and the Far East. The Company also implements projects in Kazakhstan, Algeria, Venezuela, Brazil, Vietnam, the UAE, Canada, and in the Gulf of Mexico. Offshore projects, including in the Arctic, take a special place in Rosneft’s portfolio. Rosneft has joined forces with ExxonMobil, Eni and Statoil to develop Russia’s offshore resources.

About ENI

Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.


Origine : Communiqué Rosneft

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