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Rosneft summed up the results of its offshore operations last year.

On December 2, 2013 Igor Sechin, Rosneft President and Chairman of the Management Board, and Arthur Alaverdyan, President of Oil Techno, signed a Shareholder Agreement as part of the plan to set up a joint venture.

Rosneft started field seismic operations at Fedynsky and Central Barents license areas, explored by Rosneft jointly with the project partner Eni, the major Italian oil company.

Rosneft and Eni S.p.A., acting through their subsidiaries Rosneft JV Projects S.A. and Eni Energy Russia BV, signed Completion Deed for the Russian offshore projects (regarding Fedynsky, Central Barents blocks in the Barents Sea and Western Chernomorsky block in the Black Sea).

Rosneft President and Chairman of the Management Board Igor Sechin and Vice President and head of the Eni Representative Office in Russia and CIS Ernesto Ferlenghi signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Continental Shelf.

Rosneft and Eni agreed to strengthen their cooperation by signing a strategic agreement to develop trading and logistics opportunities.

Rosneft President Igor Sechin and Eni CEO Paolo Scaroni have met in Rome to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea in the framework of the strategic cooperation agreement signed on 25 April 2012.

Rosneft and its subsidiary Val Shatskogo have signed an agreement with Eni Energy Russia B.V. to finance geological works at three offshore Russian license blocks: the Fedynsky and Central Barents blocks in the Barents Sea and the Western Chernomorsky block in the Black Sea.

Rosneft and Eni S.p.A. have today signed agreements ensuring practical implementation of a Cooperation agreement concluded in April 2012. The documents were signed by Rosneft President Igor Sechin and Eni CEO Paolo Scaroni at the St Petersburg International Economic Forum.