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Rosneft President Igor Sechin meets Eni CEO Paolo Scaroni

16 October 2012

Rosneft President Igor Sechin and Eni CEO Paolo Scaroni have met in Rome to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea in the framework of the strategic cooperation agreement signed on 25 April 2012. The executives in charge of the companies’ upstream, downstream and offshore projects and the CEO of Saipem were also present at the meeting.

During the meeting, the parties also discussed the state of the European and global oil and gas market and opportunities for further cooperation between the two companies outside the Russian Federation.

Notes for editors:

As part of the agreement, Eni and Rosneft will form joint ventures (Eni 33.33%, Rosneft 66.67%) for the joint development of the Fedynsky and Central Barents exploration licenses, located offshore Russia in the Barents Sea, and Western Chernomorsky license located offshore Russia in the Black Sea. The offshore blocks are estimated to have vast recoverable oil and gas reserves.

Eni contacts:

Press Office:
Tel. +39.0252031875 – +39.0659822030
Numero verde azionisti (dall’Italia): 800940924
Numero verde azionisti (dall’estero): +39.800 11 22 34 56
Centralino: +39.0659821
Web site:

October 16, 2012

Rosneft Information Division
Tel.: +7 (495) 411 54 20
Fax: +7 (495) 411 54 21

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.

Keywords: ROSNEFT - ENI