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Acquisitions and Divestitures News in Russia

Shell Will Terminate a Deal for Developing Meretoyakhaneftegaz Project
4/13/2020 - Shell has advised Gazprom Neft that, due to the challenging external environment, it will not pursue the completion of a deal to create a joint venture through Meretoyakhaneftegaz. ...
OMV & Gazprom Sign Amendment Agreement Regarding Achimov 4A/5A Phase Development
3/6/2020 - OMV and Gazprom have signed an „Amendment Agreement“ to the „Basic Sale Agreement“ dated October 3, 2018. The „Amendment Agreement“ foresees, in particular, an extension of the negotiation phase for t...
Gazprom Neft & Shell to Expand Their Joint Project to Develop Salym Group of fields in KhMAO
1/17/2020 - Gazprom Neft and Shell have agreed to expand their JV Salym Petroleum Development. The company’s portfolio of assets will include a license for the right to geological survey, exploration and producti...
NOVATEK Won the South-Yamburgskiy & the East-Ladertoyskiy Licenses
12/17/2019 - PAO NOVATEK (NOVATEK) announced that NOVATEK-Yurkharovneftegas, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the South-Yamburgskiy subsoil a...
Gazprom Neft Expands Its Activities in Yamal
12/5/2019 - Gazprom Neft has won the licensing round for subsoil usage rights to the Khambateisky license block. This asset, covering 340 square kilometres, is located in the Yamalsky District in the Yamalo-Nenet...
Wolgodeminoil Wins a New Exploration Licence in Southern Russia
11/26/2019 - Wolgodeminoil, a joint venture of Wintershall Dea and RITEK, which is a subsidiary of LUKOIL, successfully participated in the auction for the Severo-Belokamennoye licence area. The auction was held i...
Gazprom Neft Widens its Presence in the Orenburg Oblast
11/19/2019 - Gazprom Neft has won the license to the Pervormaisky block, and is also expanding the boundaries of fields it is already developing in the Orenburg Oblast. ...
SOCAR to Provide Managerial Expertise to Antipinsky Refinery
10/31/2019 - State Oil Company of Azerbaijan (SOCAR) completed necessary procedures and became a minority shareholder of the SOCAR Energoresurs Group in Russia. SOCAR Energoresurs Group unites Antipinsky Refinery ...
NOVATEK Obtains The Soletsko-Khanaveyskoye Field
8/30/2019 - PAO NOVATEK announced that Arctic LNG 1, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the subsoil area including the Soletsko-Khanaveyskoye ...
Exploitation of Flank License Blocks is Leading to Further Expansion
8/29/2019 - Gazprom Neft has, for the first time, acquired geological prospecting licenses for flank blocks at developed fields — these new blocks, the Sverdlovsky 4 and Yuzhno-Zimny, being located in the Sverdlo...
Bashneft Acquires Controlling Stake in Sterlitamak Catalyst Plant
7/23/2019 - Bashneft (an enterprise of Rosneft Group) has bought the 51% stake in the charter capital of a privately-owned plant producing catalysts for hydrotreatment processes with a capacity of up to 4,000 ton...
NOVATEK Closes Arctic LNG 2 Transaction
7/22/2019 - PAO NOVATEK announced the closing of the sale of participation interests in Arctic LNG 2 Project (“Project”) to wholly owned subsidiary of China National Petroleum Corporation (“CNPC”), wholly owned ...
Gazprom Neft & Sibur to Jointly Develop the Poliom Polypropylene Plant in Omsk
7/19/2019 - Gazprom Neft and SIBUR have consolidated 100 percent of the charter capital in the Poliom LLC polypropylene plant in Omsk, with the Gazprom Neft—SIBUR joint venture — Sibgazpolymer JSC — signing an ag...
Severstal Acquires 26% Stake in JV with Linde
7/3/2019 - PAO Severstal has signed an agreement to purchase a share in a joint venture (JV) with Germany’s Linde AG. The JV produces coil-wound heat exchangers for use at medium-scale and large-scale LNG plants...
NOVATEK, Mitsui & JOGMEC Sign Sale Agreement for Arctic LNG 2 Stake
NOVATEK, Mitsui & JOGMEC Sign Sale Agreement for Arctic LNG 2 Stake 6/30/2019 - NOVATEK and the consortium of Mitsui and Japan Oil, Gas and Metals National Corp (JOGMEC) have signed a Sales and Purchase Agreement to purchase a 10% participation interest in the Arctic LNG 2 projec...
Gazprom & OMV Set Price for OMV's Purchase a 24.98% Interest in Achimov IV & V Phase Development
6/9/2019 - Gazprom and OMV signed at the St. Petersburg International Economic Forum 2019 the Contract on the amendments to the Basic Agreement on Asset Sale. The signing ceremony took place in the presence of A...
NOVATEK & CNOOC Sign Share Purchase Agreement for Arctic LNG 2 Stake
6/7/2019 - As part of today’s Saint-Petersburg International Economic Forum, PAO NOVATEK has signed the Share Purchase Agreement (“Agreement”) with CNOOC Ltd. (“CNOOC”) in relation to the sale of a 10% particip...
NOVATEK Obtains New Licenses on the Krasnoyarsk Territory
5/24/2019 - PAO NOVATEK announced obtaining five new licenses on the Krasnoyarsk Territory located in close proximity to the Company’s existing licenses located on the Gydan Peninsula. OOO NOVATEK-Yurkharovnefteg...
Gazprom Neft Begins Developing Achimov Strata & Oil-Rim Deposits
4/16/2019 - Gazprom Neft subsidiary Gazpromneft-Zapolyarye has concluded long-term risk-based operator agreements with Gazprom PJSC subsidiaries, allowing the company to start developing Achimov strata at the Yam...
Total Signs Definitive Agreements for Entry into Arctic LNG 2
Total Signs Definitive Agreements for Entry into Arctic LNG 2 3/5/2019 - Total announces that it has signed the definitive agreements with Novatek for the acquisition of a direct 10% interest in Arctic LNG 2, a major liquefied natural gas development led by Novatek on the ...

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