Rosneft ready for Norwegian shelf

We are successfully looking toward Norwegian waters, Rosneft President Sechin says to Vladimir Putin. Photo:

We are getting a number of new offers from our Norwegian partners, Rosneft President Igor Sechin told President Vladimir Putin.


In Tuesday’s meeting with the president, Russia’s most powerful oilman underlined that Rosneft is participating together with Statoil in getting several fields on the Norwegian continental shelf.

“We are getting new offers from our Norwegian partners”, Sechin told President Putin, a transcript reads.

As part of their comprehensive cooperation agreement signed in May 2012, Rosneft and Statoil will together develop several major Russian fields, among them the Perseyevskoye in the Barents Sea. The deal will give the Norwegian company a 33,3 percent stake in joint ventures, and the Russian state-owned company the right to participate in projects in Norwegian waters.

As previously reported, Rosneft is establishing the company RN Nordic AS as its arm on the Norwegian shelf. The new subsidiary is managed by Hans van Lamoen, a man with several years of experiences from Russia, mostly in engagements with Shell. Company Board Director is Bengt Lie Hansen, former head of Statoil Russia and a man with extensive experiences from High North project, including the Shtokman project. Meanwhile, Rosneft’s new Vice President for Offshore Projects Zeljko Runje is RN Nordic board member.

Commenting on the company’s cooperation with ExxonMobil in the Kara Sea, Sechin said that a total of 5300 km of 2D seismic, as well as 3800 of 3D seismic mapping, was conducted in 2012. “This seismic works allow us to determine the drilling sites in the Kara Sea and in 2014, Vladimir Vladimirovich, we will start exploration drilling in the area”, Sechin said. “We have already booked the platforms”, he added.

According to the company president, Rosneft in 2012 paid a total of 1,7 trillion RUB of taxes, which makes it the biggest tax payer in Russia.

Commenting on new field development on the shelf, Sechin also underlined that his company will place at least 70 percent of all equipment orders with Russian companies.