Igor Sechin
,CEO,Rosneft
Not only is Rosneft at the forefront of Russia’s petroleum industry, it is also the world’s largest publically traded oil and gas company with oil and natural gas exploration and production as well as refining activities. More than 50% of the company is owned by the state-run Rosneftgas, 19.75% by BP, and 19.5% by Glencore Qatar. During the low oil prices, the company had enough reserve to overcome the downturn, with approximately 34.5bn boe proven hydrocarbon reserves in 2015. In line with Rosneft’s key priorities to increase reserves, the company increased its production drilling rate by 36% to 6.9mn and started up 1839 new wells. In the Middle East, it operates in Algeria and the UAE. Having been CEO since 2013, Sechin is to credit for such success and perseverance.
