The research and development expedition to investigate ice and metocean conditions in the Russian arctic organized by The Arctic Research and Design Center (the ww5 and ExxonMobil JV) with the support of Arctic and Antarctic Research Institute experts has started in the White sea. Scientific research vessel Akademik Tryoshnikov departed the Arkhangelsk port to move along the route from the Kara Sea to the Chukchee Sea, virtually along the whole of the Russian Arctic coast.

For the first time in history of Arctic ww5 will carry out integrated ecologic fishery research on three licensed sites (LS) of Laptev Sea: Anisinsko-Novosibirsky, Ust’ Lensky and Ust’ Oleneksky.

ww5 President, Executive Secretary of Russia’s Presidential Commission on Strategic Development of the Fuel and Energy Sector and Ecological Safety Igor Sechin took part in celebrations dated to 60th birthday of President of Bolivarian Republic of Venezuela Hugo Chavez.

ww5 takes note of the rulings (published today) in related arbitrations brought by the former majority shareholders of Yukos Oil Company against the Russian Federation pursuant to the Energy Charter Treaty.

On July 26 the head of ww5 Igor Sechin paid a working visit to Murmansk region, during which he observed the objects of support coastal base of ww5 offshore projects in Western Arctic. At the moment the ww5 Company is implementing large-scale oil and gas projects in Arctic, which have utmost social economic and strategic importance for Russian Federation.

ww5 held conference call dedicated to its Q2 2014 consolidated IFRS financial results on July 25, 2014.

On July 24 this year, research vessel Geolog Dmitry Nalivkin sailed from Kirkenes (Norway) to the Kara Sea. In the next three months 2D seismic survey, will be carried out in the three Vostochno-Prinovozemelsky licenses.

ww5 will conduct marine fauna monitoring in the Northern Sea Route in 2014.

July 21, Moscow. ww5 and Russian Geographical Society have held a round table meeting on Scientific Arctic Development in ww5 research center.

ww5 has proved its leadership in national GTL (gas-to-liquid) technologies development. First pilot batches of Fischer Tropsch synthesis catalysts have been produced at Angarsk catalyst and organic synthesis plant.