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On May 30, 2012 Rosneft’s Board of Directors announced the preliminary results of the Company’s share buyback.
Rosneft’s Board of Directors has voted unanimously to appoint Igor Sechin President of the Company. A corresponding directive has been signed by Russian Prime Minister Dmitry Medvedev.
Rosneft and Statoil signed a cooperation agreement to jointly explore offshore fields in the Russian sections of the Barents Sea and Sea of Okhotsk.
On 2 May 2012 Rosneft publishes its consolidated IFRS financial statements for Q1 2012.