Sergey Gorkov, General Director – Chairman of the Board of RosGeo took part in the work of the business forum "Angola-Russia", held during the working visit of the President of the Republic of Angola, João Lourenço to Moscow.

The event was also attended by the Minister of Natural Resources and Ecology of the Russian Federation Dmitry Kobylkin, President of the Russian Chamber of Commerce and Industry Sergey Katyrin.

The Republic of Angola holds significant oil and gas reserves. Production of hydrocarbons and diamonds is the basic economic area for the state, which requires the continuous work on replenishment of the mineral resource base. Rosgeologiya is considering the opportunities for development of cooperation with state authorities and mining companies in the country. In particular, the Holding analyzes the opportunities for participation in the survey and exploration of the fields offshore and onshore, adding value to the licensed areas, as well as additional exploration of the fields that have already been discovered.

The Soviet Union and Angola had a rich history of relations.

“RosGeo possesses an extensive experience of operation on the African continent. Angola is traditionally one of our most important partners, - noted Sergey Gorkov. - The Holding in cooperation with the Geological Institute of Angola elaborated a program of geological works. This program will allow to conduct the survey and exploration of promising geological sites. The holding plans to increase the portfolio of orders, and the foreign market is certainly interesting for us."



Reference:

RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations.

RosGeo was established following the Decree of the President of the Russian Federation of July 15, 2011, No. 957 on the basis of Tsentrgeologiya, an oldest Russian geological enterprise. Rosgeo is a fully state-owned company.

The enterprises within the Holding company operate in all eight Federal Districts of Russia. A total of more than 1000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields.