During the meeting, the parties discussed bilateral projects on cooperation in the search for solid minerals in order to develop the economic diversification program of the Saudi Vision 2030 Strategy, joint implementation of seismic exploration in the transit zone and in the deep-water part of the shelf of Saudi Arabia, as well as the possibility of participating in an additional study of the geo-basis the construction of a nuclear power plant on the territory of Saudi Arabia.

In order to implement the agreements reached between Zarubezhgeologiya (subsidiary of Rosgeo) and ARGAS, the parties signed an agreement on the secondment (mutual secondment of employees).

REFERENCE

RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations. A total of more than 1000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields. RosGeo is a fully state-owned company.