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Zarubezhneft, JSC

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Country: Russia
Posted / Last update: 01-08-2012
Zarubezhneft, JSC

Zarubezhneft is the oldest foreign economic enterprise in the oil and gas sector of Russia.

Zarubezhneft was established in 1967 by mandate of the Council of Ministers of the USSR as a company of the All-Union foreign economic association supervised by the Ministry of Oil Industry of the USSR.

Zarubezhneft at the present time is a Joint Stock Company with 100 % shares held in the federal ownership.

Zarubezhneft is included in the list of strategic enterprises of the Russian Federation.

Zarubezhneft has unique experience of international activities in more than 30 countries – Algeria, Angola, Vietnam, Yemen, India, Iraq, Iran, Cuba, Libya, Syria and others.

Zarubezhneft is using progressive state-of-the-art technologies conducting activities in the following sectores:

  • exploration, development and operation of oil and gas fields in Russia and abroad;
  • design, construction and operation of oil refineries, pipeline systems and objects of oil infrastructure;
  • testing modern methods of oil recovery enhancement.
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