Azerbaijan voting in referendum to extend presidential termWorld September 26, 11:15
Consultations on key posts in new State Duma due on MondayRussian Politics & Diplomacy September 26, 11:06
Russia may get hypersonic weapons in early 2020's — mediaMilitary & Defense September 26, 10:25
World’s largest radio telescope put into use in ChinaScience & Space September 26, 9:52
Japan’s PM calls for cooperation with Russia, hopes to resolve territorial disputeWorld September 26, 9:40
Attempts to show air space over disputed Senkaku Islands belongs to China outrage JapanWorld September 26, 8:26
Around 1,700 units of equipment used in drills of Russian Strategic Missile TroopsMilitary & Defense September 26, 7:44
Syrian sappers demining liberated district of AleppoWorld September 26, 7:02
Almost 60 tonnes of vodka with fake excise stamps seized in Russia’s Far EastBusiness & Economy September 26, 6:40
ST. PETERSBURG, May 24 (Itar-Tass) - Rosneft has signed an agreement with Norway's SeaDrill and North Atlantic Drilling, which is specialized in work under North Atlantic climate conditions. They have agreed on investments and long-term partnership to develop Rosneft's sea and ground projects for the period till 2022.
The document was signed at the St. Petersburg International Economic Forum. It envisages concluding agreements for Rosneft to receive a considerable share in North Atlantic Drilling Ltd and access for the latter to the ground drilling market in Russia and also long-term contracts for ground and sea drilling.
The sides also signed a document to use six rigs in the offshore zone under severe climate conditions. A total of up to nine rigs may be used in the work.
Rosneft and Azerbaijan's SOCAR signed an agreement to set up a joint company for projects to prospect for and extract oil and gas in various regions, including in Azerbaijan and Russia.
Rosneft and Union Cuba Petroleo will cooperate in projects in Cuba. The two companies have signed a memorandum on cooperation, and a working group is formed to implement it.
According to CUPET, oil reserves in Cuba's offshore zone total 20 bln barrels. The U.S. geological service estimates the reserves at 4-9 bln barrels.