JSC Zarubezhneft is the largest state oil company Russia. Since 1967 Zarubezhneft is engaged in development and projects implementation of complex geological exploration and mastering petrogas-bearing of fields abroad, construction of facilities of oil infrastructure, work in the field of increase in oil recovery, supplies of equipment and materials.
Zarubezhneft implemented large-scale oil and gas projects more than in 30 countries of the world among which Algeria, Angola, Vietnam, Yemen, India, Iraq, Iran, Cuba, Libya, Syria and others. Activity of the company is aimed at the development of oil-extracting, oil processing and innovation projects in the countries of Southeast Asia, Europe, the Middle East, Africa, Latin America, the Commonwealth of Independent States (CIS) and in the Russian Federation.
Zarubezhneft is open joint stock company which 100% of stocks are in federal property. The company is included in the list of the strategic enterprises of the Russian Federation.