Rosneft is the leader of the Russian oil sector and the largest global public oil and gas corporation. Rosneft Oil Company is focused on exploration and appraisal of hydrocarbon fields, production of oil, gas and gas condensate, offshore field development projects, feedstock processing, sales of oil, gas and refined products in the territory of Russia and abroad.
The Company is included in the list of Russia's strategic companies. Its main shareholder (40.4% shares) is ROSNEFTEGAZ JSC, which is 100% owned by the state, 19.75% of shares are owned by BP, 18.53% of shares are owned by QH Oil Investments LLC, one share is owned by the Russian Federation represented by the Federal Agency for State Property Management (see Section Equity Capital Structure).
The main goals and objectives of Rosneft are the reserves replacement at the level of no less than 100%, efficient production at brownfields and its growth through starting up new projects, creation of new off-shore production hubs, development of technologies and introduction of the world-class project management practices, monetization of gas reserves and competitive production growth, optimal refining configuration and selling Company's products at the highest profit.
26/1, Sofiyskaya Embankment, None, Russia
The core assets of Rosneft Oil Company were established during the Soviet period when full-scale development of new oil and gas fields was launched.
According to the results of 1995 the volume of production of oil and liquid hydrocarbons amounted to 12.7 million tons.
Rosneft took leadership among the Russian oil companies in terms of volumes of oil production which amounted to 74.6 million tons.
Rosneft stocks were placed in on the London Stock Exchange for the first time.
Rosneft was considered the largest public oil and gas company in the world at consummation of the acquisition of TNK-BP.
Rosneft achieved a major success in completion of the integrated transaction on privatization of a 19.5% participation interest of the company as well as the controlling block of shares of Bashneft resulting in receipt of RUB 1.04 tln by the Government.
The hydrocarbon reserves as per PRMS classification by 1P category amounted to 47 billion barrels of oil equivalent (bbl o.e.), by 2P - 84 billion bbl o.e., by 3P - 121 billion bbl o.e.
Chief Executive Officer
First Vice President
Vice President – Chief Geologist
Corporate culture is an important element of Rosneft activity and an integral component of successful development strategy of the Company, it is based on the main reference points and values the Company adheres to while interacting with employees, partners and clients.
Process safety, labor safety and environmental protection are absolute priorities for our Company as it continues to move forward.
Being the leader of the Russian oil industry and one of the world largest companies in the Fuel and Energy Sector, Rosneft is aware of its impact and believes it is indispensable to ensure safe working environment for its employees and partners, zero-accident operation and minimum environmental impact.
To achieve these objectives, Rosneft ensures full compliance with national and international legal requirements in the regions of its operation. It has also included a dedicated HSE section into its Rosneft-2022 Strategy, supporting that by successful operation of its HSE Integrated Management System with the HSE Policy as its fundamental element.