Offshore projects are a strategic line of Rosneft’s business activity. Rosneft is a pioneer in the development of the Russian shelf. Most of the fields of the Sakhalin shelf have been discovered with the participation of the Companys specialists. The deposits of the world-famous Russian offshore projects "Sakhalin-1" and "Sakhalin-2", as well as the Kirinskoye field, were in course of geological prospecting works of 1975-1993. In 1998, Rosneft specialists drilled Russia’s first horizontal well with an extended reach from the Sakhalin shore, in the Odoptu-Sea, the North Dome, therefore starting the oil production at the continental shelf.
Today, the Company is the largest subsoil user on the Russian shelf: as of January 1, 2017, owns 55 licenses for the water areas of the Arctic, Far Eastern and Southern seas of Russia. The hydrocarbon resources in these areas are estimated at 41.5 billion tons of oil equivalent. The Company also implements the offshore project in the Black Sea, off the coast of the Republic of Abkhazia; explores and produces hydrocarbons on the Vietnam shelf; participates in projects on the shelves of Norway, Mozambique and Venezuela.
The main regions of Rosneft’s license blocks:
Western Arctic - Barents, Pechora and Kara Seas (19 projects) Eastern Arctic - Laptev Sea, East Siberian and Chukchi Seas (9 projects) Far East - Sea of Okhotsk and Sea of Japan (20 projects) Russian Southern seas - Black, Azov and Caspian seas (8 projects)
As of 01/01/2017, the Company conducts geological exploration of subsoil resources in 45 license blocks located on the Russian shelf and inland seas of Russia. 10 licenses were issued for the exploration and production of oil and gas, including the production of hydrocarbons at 7 sites. License obligations have been delivered in full.
Today, Rosneft’s key oil and gas production projects on the Russian continental shelf are Sakhalin-1, the Northern part of the Chaivo and Northern Dome of the Odoptu-Sea deposits .