Established in 1967, JSC «Zarubezhneft» is the oldest foreign economic enterprise of the oil and gas sector of Russia. At present time, «Zarubezhneft» is a Joint Stock Company with 100% shares held in the federal ownership and it is included in the list of strategic enterprises of the Russian Federation. The core activities of the company include: exploration, development and operation of oil and gas fields in Russia and abroad; design, construction and operation of oil refineries, pipeline systems and objects of oil infrastructure; testing modern methods of oil recovery enhancement.