Gulf Oil and Gas accountACCOUNT

Rosneft Attracts a Consortium of Japanese Companies to Undertake Joint Exploration

Source: www.gulfoilandgas.com 12/16/2016, Location: Asia

Share |
Rosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relation to cooperation on the joint exploration, development and production of the hydrocarbons at a license block in an offshore zone of the Russian Federation.

The document was signed on the sidelines of the official visit of the President of Russia Vladimir Putin to Japan by Rosneft Chief Executive Officer Igor Sechin, Marubeni Corporation President and CEO Fumiya Kokubu, JOGMEC President Keisuke Kuroki and INPEX CORPORATION President and CEO Toshiaki Kitamura.

The reached agreements confirm the successful implementation by Rosneft of its strategy to attract partners into offshore projects. This enables the company to monetize its stakes in promising projects and accelerate their development. Engaging strategic partners, leaders of the global oil and gas industry, in Russian offshore projects will also ensure effective hydrocarbon exploration and production and allow sharing the geological risks between the parties.

Following the signing, Igor Sechin said: "This is aimed at the efficient monetization of oil and gas resources, among others at the perspective market of Japan, and is a logical continuation of the agreements between the Russian President and the Japanese Prime Minister to strengthen and develop Russian-Japanese relations."

Exploration News in Russia >>

Indonesia >>  4/26/2017 - Andalas Energy and Power, the AIM listed Indonesian focused energy Company, has provided an update on the Tuba Obi East oil and gas concession (‘TOE’)...
Norway >>  4/25/2017 - The Norwegian Petroleum Directorate is expecting a new record in the number of exploration wells in the Barents Sea this year. Fifteen wells are slate...

Uruguay >>  4/25/2017 - Uruguayan state oil company Ancap said it will tender 17 off-shore blocks for exploration in areas up to 3,000 meters deep, with offers to be presente...
Indonesia >>  4/24/2017 - AIM-listed Andalas Energy and Power has provided an update on its activities with Pertamina, Indonesia’s national oil company, including the identific...

Iran >>  4/24/2017 - New crude oil discoveries in the Persian Gulf may bring Iran’s rank among holders of the biggest oil and gas reserves in the world, a senior energy of...
Mongolia >>  4/21/2017 - Petro Matad has received an official letter from the Mining Resources and Petroleum Authority of Mongolia (MRPAM), dated 20 April 2017, confirming MRP...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 |

More News

 

Oil & Gas Companies in Russia >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.