Please activate JavaScript in your browser to use all interface options.

« March, 2024
Mo Tu We Th Fr Sa Su
Main page News room Press releases
Press releases

Rosneft and Vietnam Oil and Gas Group PetroVietnam Sign Agreements for Offshore Projects Development

12 November 2013

Rosneft and Vietnam Oil and Gas Group (hereinafter referred to as PetroVietnam) signed Agreement on basic terms for geological survey, hydrocarbon exploration and production in the Pechora Sea. The agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Dr. Do Van Hau, President and CEO of PetroVietnam. The parties also signed the Memorandum of understanding for Rosneft potential acquisition of a stake in the Production sharing agreement (PSA) for the Block 15-1/05 in the Vietnamese offshore area.

The documents were signed in the presence of the Russian President Vladimir Putin and Vietnamese President Truong Tan Sang as part of an official visit of the Russian President to the Socialist Republic of Vietnam.

As part of the visit Igor Sechin also held a working meeting with PetroVietnam’s top management, at which the parties discussed cooperation between the companies in the energy industry and prospects to expand cooperation in the joint projects in Vietnam and Russia.

Rosneft Information Division
Tel.: +7 (499) 517 88 97
November 12, 2013

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.