Russia is a major oil and gas producer and has a vast resource potential. We have been present in Russia for more than 30 years and we have developed close relationships with Russian energy companies and communities.
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Exploring frontiers together
Operations in Russia
Developing our strategic partnership with Rosneft
In 2012 Equinor (then Statoil) entered into a strategic cooperation with Rosneft which is the basis for our operations in Russia going forward. This cooperation covers several joint projects, i.e. the North Komsomolskoye pilot project for viscous oil development in West Siberia, a pilot project for the development of Domanik limestone formation in the Samara region and offshore exploration. Equinor has also a 49% stake in AngaraOil LLC (former KrasGeoNaC LLC), the holder of twelve conventional onshore exploration and production licences in Eastern Siberia.
Equinor also collaborates with Rosneft in the areas of health, safety and sustainability.
In order to successfully advance our business interests in Russia, we remain focused on ensuring compliance with applicable trade controls and continue to seek relevant government approvals where necessary.