JSC Zarubezhneft (russian: Зарубежнефть) 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.
is the company's General Director and
Yevgeny Murov is chairman of the board.
Overview
According to the company's website, Zarubezhneft's main activities are: exploration, development and operation of oil and gas fields abroad; design, construction and operation of oil refineries, tank farms and pipeline systems; application of advanced Russian technologies for oil field development; testing and export of modern hi-tech methods for oil recovery enhancement and export-import operations for technological equipment supply.
The company was founded in 1967 by the Soviet government to operate in friendly states.
Zarubezhneft's most notable operations are in
Vietnam
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making i ...
, where it has several joint ventures with the Vietnamese company
PetroVietnam, including the joint venture company
Vietsovpetro.
In 2009, Zarubezhneft's General Director Nikolai Brunich was awarded with Vietnam’s Labour Order, first class, in recognition of his contributions to the successful operation of Vietsovpetro and cooperation between Vietnam and Russia.
International operations
Zarubezhneft carries out its activities in:
* Vietnam
* Cuba
* Bosnia and Herzegovina
* Russia (Nenets Autonomous Okrug)
* Uzbekistan
* Egypt
Saddam's oil vouchers
Zarubezhneft received 174.5 million barrels worth oil vouchers from the abused
Oil-for-Food Programme
The Oil-for-Food Programme (OIP), established by the United Nations in 1995 (under UN Security Council Resolution 986) was established to allow Iraq to sell oil on the world market in exchange for food, medicine, and other humanitarian needs f ...
, according to the paper ''"The Beneficiaries of Saddam's Oil Vouchers: The List of 270"''.
References
External links
Company website(English)
Company website(Russian)
Vietsovpetro's website(English)
{{authority control
Oil companies of Russia
Oil companies of the Soviet Union
Government-owned companies of Russia
Companies based in Moscow
Non-renewable resource companies established in 1967
1967 establishments in Russia