April 30, 2016 9:30 AM ET

Oil, Gas and Consumable Fuels

Company Overview of JSC Zarubezhneft

Company Overview

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

Building 1

Main entrance from Sverchkov per.

Moscow,  101990


Founded in 1967


7 495 748 6500


7 495 748 6505

Key Executives for JSC Zarubezhneft

General Director, Member of Management Board, Director and Member of Committee for the Strategic Planning
Age: 48
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 Announces Earnings Results Under Russian Accounting Standards for the Year 2015

Zarubezhneft announced earnings results under Russian Accounting Standards for the year 2015. The net profit increased by 7% in comparison to the previous year from RUB 8.5 billion to RUB 9.1 billion. Maintaining positive financial indicators is possible primarily due to the efficient performance of the main production assets as well as due to the implementation of the cost reduction methods, increase of sales efficiency by means of e-trading and improvement of the procurement system within the company.

Vietnam Oil and Gas May Place 35% Of Dung Quat Refinery Shares On Exchange Or Sell 49% To Russian Companies

Vietnam Oil and Gas Corporation may place up to 35% of shares in Binh Son Refining and Petrochemical Company Ltd., which owns the Dung Quat oil refinery, on the Vietnamese stock exchange or offer a 49% stake to Russian oil companies, a BSR spokesman told Interfax. "We have two options: if BSR is to be a stock company, PetroVietnam will retain a stake of at last 65%. But if it is to be a joint venture (as envisioned in talks with Public Joint Stock Company Gazprom Neft (MICEX:SIBN)), then PetroVietnam will retain 51%," the spokesman said. "We are very interested and continue to await major Russian companies, like Gazprom Neft, Open Joint Stock Company Rosneft Oil Company (LSE:ROSN); JSC Zarubezhneft and Public Joint Stock Company Oil Company LUKOIL (MICEX:LKOH), as a strategic investor," the spokesman said, noting that talks with the latter three companies have not been conducted yet.

Zarubezhneft To Acquire Hydrocarbon Blocks

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.

Similar Private Companies By Industry

Company Name Region
OOO Gazprom Dobycha Shelf Europe
Khantymansiyskneftegazgeologiya Europe
North Demyanskoe Europe
OOO Urengoyskaya Gazovaya Kompaniya Europe
Donskoy Coal Open Joint-Stock Company Europe

Recent Private Companies Transactions

January 21, 2016
Kharyaga PSA

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact JSC Zarubezhneft, please visit www.zarubezhneft.ru. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.