Russian cinema sets box office record chalking up nearly $145 mln in 2016Society & Culture January 23, 17:37
German foreign minister says long-term solution to Syrian crisis to be discussed in GenevaWorld January 23, 17:34
Finland does not view Nord Stream-2 construction issue as politicalBusiness & Economy January 23, 17:02
UN envoy urges Syrian armed opposition to abide by ceasefireWorld January 23, 16:00
Russia’s anti-ballistic missile defense system to be upgraded by late 2017Military & Defense January 23, 15:41
Russian top lawmaker says no plans to set up new military bases abroadRussian Politics & Diplomacy January 23, 15:29
Russian strategic bombers hammer Islamic State facilities in Syria’s Deir ez-ZorMilitary & Defense January 23, 15:02
Putin backs granting profitable routes to national airlines using Russian aircraftBusiness & Economy January 23, 14:59
Rosneft will boost oil supplies to China to 31 mln tonnes in 2017Business & Economy January 23, 14:29
NEW DELHI, December 11. /TASS/. Russia’s government-owned oil company Zarubezhneft and the Indian company Oil India Limited have signed a memorandum on joint operations, Sergey Kudryashov, Zarubezhneft president told reporters on Thursday.
“We signed a memorandum on joint activities in the continental areas and on the use of our drilling ships on the continental shelf,” he said.
The sides plan joint efforts in the areas like exploration, production and transportation of oil and gas, technologies, and the increase of oil recovery from deposits, Zarubezhneft said in a release for the media.
In another important move, the two companies agreed to tap and assess potential projects in India, Russia and in third countries. A joint workgroup will be set up to coordinate these projects.
As of 2002, Zarubezhneft has been doing repairs of oil wells belonging to the Indian oil and gas corporation ONGC.