29/03/2017

ROSGEOLOGIA DEVELOPING RELATIONS WITH THE SUDAN SUBSOIL USERS

On March 27-29 the delegation of JSC Rosgeologia and its subsidiary JSC Zarubezhgeologia took part in the 2nd International Mining Exhibition and Forum SIMFE-2017 in the Republic of the Sudan in Khartoum.

Within the frames of his report at the plenary meeting, Albert Iskhakov, Director of the Energy Resources and Geoecology Department disclosed an integrated approach to geological risks hedging and geological expenditures optimization.

There were also negotiations with the top managers of International and Sudanese geological exploration and mining companies, which can make potential partners of the Holding. Meetings with the representatives of the Ministry of Mineral Resources of the Sudan and the largest investment funds and banks also took place.

The Republic of the Sudan attracts Rosgeologia due to insufficient geological exploration of the country on one hand, and, on the other hand, due to the vast experience of work of the Holding in this region, its immense geological database, as well as in the light of current Zarubezhgeologia cooperation with the Ministry of Mineral Resources of the Sudan and the plans of creation of an operational service subdivision and a consulting and analytical center in the country.

 

RG-Inform, Press Service of JSC ROSGEO

Reference:

Rosgeologia is a Russian multi-industry geological holding company which offers a full range of geological exploration services — from regional surveys to parametric drilling and subsoil monitoring. The holding company boasts unique expertise, particularly in marine geology and shelf operations.

Rosgeologia was established by Decree No. 957 of the President of the Russian Federation dated July 15, 2011 on the basis of Tsentrgeologia, one of the oldest exploration companies of Russia. Rosgeologia is a fully state-owned company.

The enterprises within the holding company operate in all eight federal districts of Russia. ROSGEO includes 63 enterprises located across the country. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields such as the Astrakhan field (2.5 trillion cubic meters of natural gas), the Tengiz field (3.1 billion tonnes of oil), the Kovykta field (1.9 trillion cubic meters of natural gas), the Sukhoi Log deposit (about 2,000 tonnes of gold), the Kursk Magnetic Anomaly, and many others.

ROSGEO subsidiaries have rich experience in implementing projects abroad: dozens of new fields and deposits have been discovered in Asia, Europe, Africa, and Latin America.

ROSGEO clients include such companies as Gazprom, Rosneft, Lukoil, Severstal, MMC Norilsk Nickel, Itera, NLMK, Sibuglemet, BP, Chevron, and many others.

 

JSC Zarubezhgeologia (Moscow) specializes in research and assessment of mineral, energy, water, land, and other natural resources, as well as geoecological surveys and projects. For nearly half a century, Zarubezhgeologia has been providing technical support in geological prospecting to 60 foreign countries having at its command more than 30 thousand experts from Russia. In fact, the mineral resource base of the national industry has been formed on the basis of Zarubezhgeologia activities in many countries of Africa, Asia, and Latin America.