Zarubezhneft is one of Russia’s leading state-owned energy companies with almost 50 years unique experience of economic activities in various regions of the world. All-Union foreign economic association Zarubezhneft was established in 1967 under the Ministry of Oil Industry of USSR to provide technical assistance to the USSR-friendly countries in establishing oil and other basic economic sectors. Over 50 years, large-scale oil & gas projects have been executed in 30 countries worldwide. The Company is highly competent in developing offshore fields in South-East Asia (over 30 years) and difficult Arctic fields in the Russian Federation. At present, it focuses on developing upstream, downstream and innovation projects in Vietnam, the Balkans, the Republic of Cuba, the Russian Federation and Belarus. The Company is on the list of strategic enterprises of Russia.