Info:
JSC Zarubezhneft is a Russian state-controlled oil company based in Moscow that specializes in exploration, development and operation of oil and gas fields outside Russian territory. Sergei Kudryashov is the company’s General Director and Nikolai Tokarev is chairman of the board;
“The Industrial Development and Revolution Organisation (IDRO) of Iran’s subsidiary Gostaresh Iranian Oil and Gas Industries Development Company (IDRO Oil) has signed a memorandum of understanding (MOU) with Russian oil company Zarubezhneft for cooperation on the development of Sousangerd oil field in south-west Iran.” (February 2018);
“Russian state-owned oil company Zarubezhneft is willing to develop a major oilfield in western Iran which is projected to come online with $2.2 billion of investment, a news agency says. Zarubezhneft Chief Executive Nikolay Brunich has announced his company’s readiness to participate and invest in the development of Changuleh field in Ilam, Mehr said on Monday. He traveled to the city during a recent visit by Russian Energy Minister Alexander Novak to Iran and signed a letter of intent with the governor of Ilam, besides discussing construction of an oil refinery. After visiting Tehran, Novak said Zarubezhneft would take up several projects worth a total of $6 billion in Iran’s oil industry. The company will send a team of experts to Ilam ‘soon’ to examine the field, Mehr reported.” (Press TV, “Russia’s Zarubezhneft eyes major Iran oilfield,” 11/2/15);
“Russian oil producer Zarubezhneft OAO (ZRNFT) has ‘no result yet’ from talks with Iran on joint oil projects, the company said. ‘Iran is interesting for our company as a country with one of the biggest hydrocarbon resources, but we need an approval from the government to continue,’ Zarubezhneft Deputy Chief Executive Officer Artyom Garibyan told reporters in St. Petersburg, Russia today. ‘We are in talks with the Iranian side, but there is no specific result yet,’ he added.” (Bloomberg News, “Russian Zarubezhneft Says No Progress On Oil Projects With Iran,” 6/24/12);
Zarubezhneft carries out its activities in: Vietnam, Cuba, Bosnia and Herzegovina, Croatia, Jordan, Russia (Nenets Autonomous Okrug), Uzbekistan;
Cooperation is being elaborated with the companies of Kazakhstan, Equatorial Guinea, Angola, Ecuador, Libya, Iran and other producing countries.
Industry:
Oil and gas Industry
Also Known As:
Zarubezhneft JSC
Country:
Russia
Address:
Moscow, Russia
Website:
www.zarubezhneft.ru
E-mail:
info@zarubezhneft.ru
Reason for the color:
» Russia considers investment in Iranian oil;