Rosneft | Egypt Oil & Gas - Part 4

Russia, Iran Sign Energy Agreements Worth $30B

During a state visit by Russian President Vladimir Putin to Iran, the two countries announced preliminary energy agreements worth $30 billion, the Financial Times reports. Russian energy companies signed six energy ag...

Iraq Asks for “Clarifications” on Rosneft-KRG Deals

Iraq wants “clarifications” from the Russian oil giant, Rosneft, on the oil and gas contracts it has signed with the Kurdistan Regional Government (KRG), the Financial Times reports. The company recently announced tha...

Rosneft to Acquire 60% in Kurdish Pipeline

The Russian oil giant, Rosneft, is set to invest $1.8 billion in the primary oil pipeline of the Kurdistan Regional Government (KRG) for a 60% stake, Reuters reports. The current operator, the KAR Group, will retain a...

Rosneft Weighing Additional 5% Stake in Zohr

Rosneft is considering the purchase of an additional 5% stake in the Zohr gas field, according to the company’s CEO, Igor Sechin, Reuters reports. Rosneft has already purchased a 30% stake in the field from Eni for $1...

Rosneft Acquisition of 30% of Zohr Finalized

Rosneft has closed a $1.125 billion deal with Eni to acquire a 30% stake in the Zohr gas field, Egypt Oil & Gas reports. Rosneft also partially reimbursed Eni for past project costs. Eni retains a 60% stake in the...

Rosneft to Invest $1B in KRG Pipeline

Russian oil firm, Rosneft, will invest approximately $1 billion to develop natural gas pipelines in areas under the authority of the Kurdistan Regional Government (KRG), sources told Reuters. The new pipeline is meant...

Egypt Receives 129,000 Tons of LNG from Rosneft

Egypt has received 129,000 tons of liquefied natural gas (LNG) from Russia’s Rosneft during the first half of 2017, according to the company’s announcement as reported by TASS. The LNG cargos were delivere...

Rosneft to Export Natural Gas from Zohr

Russian Energy Company Rosneft is expected to start exporting natural gas from the Egyptian gas field of Zohr, considered to be among the world’s largest, reported UPI. A source at Rosneft stated to TASS, “Igor ...

Iran to Sign a long-Delayed Deal with Total

Iranian Oil Minister, Bijan Zanganeh, said that Iran expects to sign a long-delayed gas deal with French oil major Total in the next few weeks, reported Reuters. “Iran and Total are summing up the discussions on...

Rosneft to Raise Crude Output if OPEC Deal Ends

Russia’s largest oil company, Rosneft, has served notice that it will step up production in the event of a sudden end to the agreement among major crude producers to curb output in an effort to prop up prices, Financi...

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