Killajoules

Statoil and Rosneft move to implement strategic cooperation agreement
Statoil and Rosneft today signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets.

Eni and Rosneft sign contracts for assets in Black Sea and Barents Sea
Eni CEO Paolo Scaroni and Rosneft Chairman Igor Sechin signed agreements in Saint Petersburg today concerning their operation of assets in the Black Sea and the Barents Sea.

Rosneft and ExxonMobil signed agreements expanding Western Siberia tight oil development and sealing ExxonMobil's entry into the
On June 15, 2012 Rosneft and ExxonMobil signed agreements for the joint development of several tight oil fields in Western Siberia and for ExxonMobil’s entry into the Arctic Research and Design Center for Offshore Development. The signing marks a further step in the implementation of the long-term Strategic Cooperation Agreement signed between the two companies in August 2011 and paving the way for broad cooperation between the companies in Russia and in a number of international projects managed by ExxonMobil.

Statoil signs cooperation agreement with Rosneft
Statoil (OSE:STL, NYSE:STO) and Rosneft today signed a cooperation agreement. The companies have agreed to jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets.
The agreement also envisages Rosneft’s acquisition of participating interests in selected Statoil projects.

Rosneft and Eni Join Forces to Explore Fields in the Barents and Black Seas
Rosneft and Eni today signed a Strategic Cooperation Agreement to jointly explore fields in Russian sections of the Black and Barents Seas and exchange technology and staff. The agreement also envisages Rosneft’s participation in Eni’s international projects.

Rosneft and ExxonMobil Announce Progress in Strategic Cooperation Agreement
Rosneft and ExxonMobil today signed agreements to implement a long-term Strategic Cooperation Agreement concluded in August 2011 to jointly explore for and develop oil and natural gas in Russia and to share technology and expertise.

Field Development Plan Being Specified at Block 245 South in Algeria
Rosneft-Stroytransgaz Limited (RN-STG), controlled by Rosneft and Stroytransgaz, is working jointly with Sonatrach, Algeria’s national oil company, to begin reservoir delineation at three earlier discovered deposits within Block 245 South in Algeria. The three deposits are East Takuazet, West Takuazet and North Tisselit.

Vankor Oil Output Exceeds Planned Volumes by 218,000 Tonnes
Vankorneft, a Rosneft subsidiary, produced 3.968 million tonnes of oil in the first quarter of this year (as of 27.03.2012), which is 218,000 tonnes (6%) more than targeted in the business plan. This also represents a 21% increase year-on-year (of 690,000 tonnes).

Rosneft Concludes Public Hearings on Seismic Study Programme at Three Blocks in the Western Arctic
Rosneft has concluded a series of public hearings on its 2012 seismic study programme for the East Prinovozemelsky 1 and 2 blocks in the Kara Sea and the Youzhno Russky block in the Pechora Sea.

Rosneft Consolidates Stake in OJSC Vostsibneftegaz
Rosneft has increased its stake in OJSC Eastern Siberian Oil and Gas Company (OJSC Vostsibneftegaz) from 70.78% to 99.87% through the acquisition of shares from Montenore Investment LTD and from minority shareholders as part of a mandatory buy back offer procedure. The Company paid 9.3 billion rubles to consolidate its stake in OJSC Vostsibneftegaz.