Expanding its global reach, signed a deal to buy a 30 percent interest in 20 deepwater exploration blocks held by ExxonMobil in the Gulf of Mexico.
Seventeen of the blocks are in the gulf's western waters off Texas, the companies said in separate statements.
Exxon retains the remaining 70 percent share of the blocks and will continue in the role of operator, although there is no production at the moment.
In signing the agreement last week, Rosneft exercised its option to join the projects as part of an earlier agreed wide-ranging partnership with the U.S. company. The oil giants didn't put a price tag on the deal.
Rosneft signed agreements in the course of past months to team up with Exxon in an effort to explore and develop several offshore fields in Russia.
The Gulf of Mexico deal was signed by Rosneft chief Igor Sechin and Exxon exploration division chief Stephen Greenlee in Houston.
Read more: Rosneft Buys Into Exxon's U.S. Offshore Assets | Business | The Moscow Times
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