Apr. 27 Rosneft BOD approved the deals on the Laptev Sea shelf development together with ExxonMobil, the company informed.
The contracts on the development of the North Vrangelevsky-1 sector on the Chukchi Sea shelf were affirmed along with the formation of JVs within the project. The terms of the contracts are undisclosed.
Rosneft keeps 46 licenses on the prospecting and development of gas/oil fields on the shelves of the seas covering 318bn barrel of oil equivalent.
Rosneft (TIN 7706107510) is the largest oil company in Russia. It has 17.618bn barrel of the crude in reserves. The 2011-output reached 2.586mln barrel/day (2.6% in rise).
The share capital is worth 105.981mln rub. split in 10598177810 common stocks of 0.01 rub. par. The major holder is Rosneftegaz (75.16%).
The 2013-net profit added 51% (IAS) to gain 551bn rub. from 365bn rub.
The revenues reached 4.649bn rub.; EBITDA - 947bn rub.
The 2013 net profit rallied down (RAS) 2.2 fold to 136.278bn rub. prior year; revenues moved up 36.5% to 3.544tril rub.; costs - 52.5% to 1.969tril rub.; pretax profit being halved to 154.8bn rub.