Oil, Gas and Consumable Fuels
Company Overview of JSC Zarubezhneft
JSC Zarubezhneft explores, develops, and exploits oil and gas fields. The company engages in the engineering, construction, and exploitation of oil refining production facilities, reservoir parks, and piping systems; drilling, testing, exploitation, repair, and abandonment of prospecting, exploration, structure, production, and injection wells; construction of oil and gas fields, including the construction of infield pipelines, auxiliary production facilities, and nonproduction buildings; and production, treatment, transportation, storage, and realization of oil and gas. It also provides construction, reconstruction, and operation services for oil refining facilities; oil and gas refining an...
Armiyansky per., 9/1/1
Main entrance from Sverchkov per.
Founded in 1967
Key Executives for JSC Zarubezhneft
General Director, Member of Management Board, Director and Member of Committee for the Strategic Planning
Deputy General Director of Production and Member of Management Board
Deputy General Director of Geology & Field Development and Member of Management Board
Deputy General Director of Projects Development & Well Operations and Member of Management Board
Deputy General Director of Providing the Increase in Oil & Gas Assets and Member of Management Board
Compensation as of Fiscal Year 2015.
JSC Zarubezhneft Key Developments
Zarubezhneft To Acquire Hydrocarbon Blocks
Oct 20 15
JSC Zarubezhneft intends to acquire hydrocarbon blocks in Sudan. Mohamed Zayed Awad, Sudan's oil minister, said, the company plans to acquire four hydrocarbon blocks and plans to explore two of them, Block 8 and Block 2-A-E. he company is also interested in two blocks, Block 17 and Block 25, which are being developed by Sudapet Company Limited. "Zarubezhneft might acquire a stake in these sections as production is already under way there," he said. The acquisition talks between Zarubezhneft and Sudapet are already in progress.
Zarubezhneft Reportedly Buying 20% Of Kharyaga From Total
Oct 19 15
TOTAL S.A. (ENXTPA:FP) has agreed to sell 20% of Kharyaga production-sharing project to JSC Zarubezhneft, several sources with knowledge of the situation told Interfax. One of the sources said the deal would take place as early as next week. The source did not say how much it would cost or what the terms were, but did say that the companies had discussed payment not just in cash but also in assets. As a result, Zarubezhneft will increase its stake in the project to 40% from 20% and receive the status of project operator. One of the sources said the sides had discussed safeguarding jobs and payments. Zarubzhneft declined to comment and Total was not immediately available for comment, reported Russia & CIS Energy Daily.
Zarubezhneft Announces Dividends for 2014
Jul 9 15
Zarubezhneft will pay the state RUB 4.1 billion in dividends for 2014. That amount represents 46% of net profit last year and is 18% or RUB 600 million higher than the dividend for 2013. Zarubezhneft was able to boost dividends due to increased oil production at Rusvietpetro, its joint venture with PetroVietnam and stabilization of oil production in Vietnam.
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