Oil, Gas and Consumable Fuels
Company Overview of JSC "Zarubezhneft"
JSC "Zarubezhneft" engages in the exploration, development, and operation of oil and gas fields in the Russian Federation and internationally. Its activities also include design, construction, and operation of oil refineries, tank farms, and pipeline systems; application of Russian technologies for oil field development; testing and export of hi-tech methods for oil recovery enhancement; export-import operations for technological equipment supply; and analytical, organizational, and technical services. The company has a strategic partnership agreement with Russian Innovation Fuel (RITEK) and Energy Company. JSC "Zarubezhneft" was founded in 1967 and is based in Moscow, Russian Federation wit...
9/1/1 Armiansky pereulok
Founded in 1967
Key Executives for JSC "Zarubezhneft"
First Deputy General Director
Compensation as of Fiscal Year 2013.
JSC "Zarubezhneft" Key Developments
Novorossiysk Commercial Sea Port Approves Additional Loan Agreements to OAO NPK Zarubezhneft
Jan 24 14
On December 30, 2013, the Board of Directors of Novorossiysk Commercial Sea Port approved an interested-party deal - additional agreements to prolong the term of loan agreements with OAO NPK Zarubezhneft for a term of one year. Interest rate is 7% per annum.
Lukoil in Talks With Majors Investors For Venezuela Stake
Dec 6 13
Open Joint Stock Company Oil company LUKOIL (MICEX:LKOH) has been in talks with international majors about selling its stake in a consortium developing a large oil project in Venezuela, Kommersant daily reported, citing sources. Igor Sechin, head of Open Joint Stock Company Rosneft Oil Company (LSE:ROSN), said it is considering buying Lukoil's stake. Kommersant said that Lukoil has been in talks with Statoil ASA (OB:STL), Chevron Corporation (NYSE:CVX), Total SA (ENXTPA:FP), Korea National Oil Corporation, Sinopec Shanghai Petrochemical Co. Ltd. (SEHK:338), CNOOC Ltd. (SEHK:883), Bashneft Region OOO, ONGC Videsh Limited and JSC "Zarubezhneft".
Zarubezhneft, PetroVietnam Sign Cooperation Agreement on Rusvietpetro
Nov 12 13
Zarubezhneft has signed a memorandum with PetroVietnam covering expanded cooperation within their joint venture, Rusvietpetro. Rusvietpetro is developing 13 fields in Central Khorei Ver section of Russia's Nenets autonomous district, but has encountered difficulties stemming from the geology of the formations. The fields feature very complex collectors and high water cut. As a result, the production plateau for the project has been reduced to 3 million tonnes from 5 million tonnes previously. Under the document signed, the two sides will seek out and implement the optimal strategy for developing the fields on a mutually beneficial basis. The strategy, aimed chiefly at improving the economics of the project, will include methods for boosting yields, application of new technologies, and opportunities for optimizing the scheme for working up the Central Khorei Ver fields. It will also include measures for utilizing associated petroleum gas, minimizing the environmental impact and cooperating in the social sphere.
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