RosGeo and Alrosa have signed an agreement on cooperation

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.

RosGeo was established following the Decree of the President of the Russian Federation of July 15, 2011, No. 957 on the basis of Tsentrgeologiya, an oldest Russian geological enterprise. Rosgeo is a fully state-owned company.

The enterprises within the Holding company operate in all eight Federal Districts of Russia. 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.

ALROSA is a Russian diamond mining company with public stake-holding. ALROSA was founded in 1992 and today it is the world's largest company in terms of mining of diamonds: ALROSA and its affiliated companies produce 95% of all diamonds in Russia and about 27% of all diamonds in the world. In 2018, the company mined 36,7 million carats of rough diamonds, revenues from diamond sales in 2018 amounted to $ 4,5 billion ALROSA key activities are concentrated in the Republic of Sakha (Yakutia), Arkhangelsk region, and African continent. ALROSA trade and representative offices are located in the main world diamond trading centers: Antwerpen, Ramat-Ghana, Dubai, Hong Kong, New York and Mumbai. The number of ALROSA group employees is about 37 thousand.