11/02/2016

15 Enterprises of the Geological Profile Joined the Rosgeology Holding Company

As part of the implementation of the Decree of the President of the Russian Federation No. 81 of February 19, 2015, "On the development of the open joint-stock company Rosgeologiya in the authorized capital of the joint stock company Rosgeology, shares of 15 geological enterprises were contributed as a contribution of the Russian Federation."

In Rosgeology, in addition to the 38 enterprises that have been included in the past, the following joint-stock companies are integrated: Arctic Marine Engineering and Geological Expeditions (Murmansk), Volgogradneftegeofizika (Volgograd), All-Russian Scientific Research Institute of Geology of Foreign Countries (St. Moscow), Dalmorneftegeofizika (Yuzhno-Sakhalinsk), Kaliningradgeofizika (Kaliningrad), Krasnodarneftegeofizika (Krasnodar), Nizhnevartovskneftegeofizika (in Nizhnevartovsk), Permneftegeofizika (Perm), "Samaraneftegeofizika" (C Amur), Sevmorneftegeofizika (Murmansk), Sibneftegeofizika (Novosibirsk), Soyuzmorgeo (Gelendzhik), Stavropolneftegeofizika (Stavropol), Ukhtaneftegazgeologia (Uhta), Central Geophysical expedition »(Moscow). Thus, at the moment 53 geological enterprises are united in the Holding.

Consolidation of assets in the structure of the Holding is aimed at increasing the efficiency of the geological industry in order to protect the state interests and solve the strategic tasks of strengthening the mineral and raw materials potential of the Russian Federation.

By February 2017, it is planned to complete the procedures for entering into the structure of Rosgeology another 10 enterprises, the list of which is determined by the Decree of the President of the Russian Federation No. 82 of February 19, 2015.

 

For reference:

JSC Rosgeology is a Russian multidisciplinary geological holding established in accordance with the Decree of the President of the Russian Federation No. 957 of July 15, 2011 to ensure comprehensive geological study of mineral resources and reproduction of the mineral and raw materials base of the Russian Federation on the basis of advanced geological, geophysical and geochemical technologies. The Holding is included in the list of strategic joint-stock companies and possesses unique competencies that allow carrying out a full range of geological exploration works for all types of minerals, concentrating significant organizational, research and production and investment resources for a comprehensive solution of urgent problems of the geological industry development.

JSC "Rosgeology" includes 53 enterprises of geological profile in eight federal districts of the country. More than 1,000 deposits have been discovered by the holding companies, including the largest hydrocarbon deposits and solid minerals such as Astrakhan (2.5 trillion cubic meters of gas), Tengiz (3.1 billion tons of oil), Kovykta (1.9 trillion cubic meters) Gas), Dry Log (about 2 thousand tons of gold), Kursk magnetic anomaly and many others. JSC "Rosgeology" has a rich experience of successful implementation of projects abroad: dozens of open fields in Asia, Europe, Africa and Latin America. Among the Holding's major clients are such companies as Gazprom, Rosneft, Lukoil, Severstal, MMC Norilsk Nickel, Itera, NLMK, Sibuglemet, BP, Chevron and many others.