Rosneft and PDVSA signed Key terms for the acquisition of 23.33% of the share capital in Petromonagas Joint Venture, producing extra heavy oil in Venezuela.
Rosneft and PDVSA signed Heads of Agreement to establish a joint venture for implementation of the large-scale project for production, treatment and sale of natural gas at the offshore fields Patao, Mejillones and potentially Rio Caribe in Venezuela.
According to the results of the audit performed by DeGolyer & MacNaughton under the SEC (United States Securities and Exchange Commission) life-of-field classification, as of December 31, 2015, Rosneft proven hydrocarbon reserves stood at 34,465 mmboe (4,654 mmtoe).
During the working visit of the Russian President Vladimir Putin to Naberezhniye Chelny Rosneft and KAMAZ signed Strategic Partnership Agreement.
Rosneft and Pietro Barbaro S.p.A. signed a Memorandum of Understanding with the scope of creating a Joint Venture (JV) in the area of international shipping.
Rosneft and General Electric signed a long-term cooperation program.