Rosneft | Egypt Oil & Gas - Part 5

El Sisi Met with the CEOs of Global Oil Companies

Egypt's President, Abdel Fattah El Sisi, met with the CEOs of BP, Rosneft, and Eni to discuss the progress on the companies’ projects in Egypt.

Rosneft to Provide 10 LNG Cargoes to Egypt

A trading unit of Russia's largest oil producer Rosneft Trading SA (RTSA) has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company (EGAS) in 2017.

Rosneft to Develop 3 Offshore Areas in Mozambique

Rosneft expects to make concession agreements for development of three offshore areas in Mozambique in mid-2017.

Iraq’s Kurdistan Negotiates $3b Oil Prepayment Deal

Iraq's Kurdistan has increased the loans guaranteed by future oil sales to $3b in new deals with trading houses and Russian state oil firm Rosneft aimed at strengthening its fiscal position.

Rosneft Drills First Well in Iraq

Rosneft group started drilling of the first exploration well at Block 12 in the Republic of Iraq. The company plans to complete drilling the Salman-1 well in July 2017.

Rosneft to Supply Crude to Qatari QHG Trading

Russian oil major Rosneft has concluded a deal with a company linked to Qatar and commodities trader Glencore to supply up to 55m tons of crude in total over a 5-year period.

Rosneft to Withdraw from Algerian Oil Blocks

Russian Rosneft may soon withdraw from its only project in Algeria, an exploration project which Russia’s oil giant considers to have doubtful prospects.

Eni Drilled New Well at Zohr

Italian Eni drilled new well in Zohr and obtained approval from the Egyptian government prior selling stakes of the Shorouk concession, which contains the Zohr field, to Rosneft

Eni Agrees to Sell 30% of Shorouk Concession to Rosneft

Italian Eni agreed to sell 30% stake in Egypt's Shorouk Concession to Russia's Rosneft.

Iran, Russia to Review New Deals

Tehran will host the upcoming Russian-Iranian intergovernmental commission on trade and economic cooperation during December, to discuss financial and technical models of a new contract with Russian firms.

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