Home  Issuers' Corner  Press Releases
CLOSE

Press Releases

company search
all press releases
all Rosneft Oil Company press releases

Rosneft Oil Company

July 14, 2014

Rosneft, HRT and Petrobras agreed to study the possibility of gas monetization in the Solimões Basin

Rosneft President, Chairman of the Managing Board Igor Sechin, HRT CEO Milton Franke and Petrobras Director of Gas and Energy Jose Alcides Santoro Martins signed a Memorandum of Understanding on cooperation to study development schemes for a joint monetization of gas in the Solimões Project in the Amazon region.

The signing ceremony was led by the President of the Russian Federation Vladimir Putin and the President of Brazil Dilma Rousseff.

The Memorandum envisages detailed analysis of options for monetization of gas held in the Solimões basin, creation of a joint Work Group and preparation of roadmap for progressing the study.

Note for editors:

Rosneft subsidiary Rosneft Brasil signed in March 2014 with HRT O&G definitive agreements for the acquisition of additional 6% participating interest in the Concession Contracts BT-SOL-4 and BT-SOL-4A for the exploration, development and production of hydrocarbons in the Solimões Basin, Amazon State. As a result of such acquisition, Rosneft Brasil will have 51% participating interest and receives operatorship in the joint venture held with HRT O&G, which will continue exploration activities in the Solimões Basin. As part of the abovementioned deal, Rosneft also acquired four heli-transportable rigs from HRT O&G.

Rosneft Information Division
Tel.: +7 (499) 517 88 97
www.rosneft.com
July 14, 2014

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer