Rosneft President, Chairman of the Management Board Igor Sechin and Association of Polar Explorers President Artur Chilingarov signed an Agreement of Cooperation. The parties agreed upon cooperation in the region of exploration and development of the Arctic shelf of the Russian Federation.

In accordance with an agreement, Rosneft and Association of Polar Explorers shall:

• assist implementation of major public policy of the Russian Federation in Arctic,
• modernize regulatory framework in the region of arctic zone development,
• promote development of polar sciences and create personnel training system for arctic works,
• participate in creation and implementation of programs aimed at environmental protection in the polar regions,
• collect, analyze, and distribute data on study and development of Arctic, development prospects of the region, popularize Arctic projects,
• design and implement new equipment and technologies,
• organize and carry out scientific and environmental expeditions in the far North,
• modernize technical regulations system (specifications, regulatory standards, regulations and requirements) in the region of business activity and safety in Arctic, ensue their compliance with international requirements.

In accordance with an agreement, the parties shall take part in working parties, boards, committees, and other collegiate authorities, that will develop the program of integrated Arctic study, resulting in draw up of clear ecological regulations of shelf development, and principles of special regime for business activity in the region.