Acquisitions and Divestitures News in Russia

Eni & Rosneft Sign Completion Deed on 3 Offshore Projects in Russia
6/21/2013 - Rosneft’s President and Chairman of the Management Board, Igor Sechin, and Eni’s CEO, Paolo Scaroni, in the presence of the Russian President, Vladimir Putin, signed, at the Saint Petersburg Internati...
Rosneft Agree with INPEX on Joint Offshore Operations
Rosneft Agree with INPEX on Joint Offshore Operations 5/29/2013 - Rosneft signed a cooperation agreement with INPEX CORPORATION (INPEX) to jointly explore license offshore blocks Magadan-2 and Magadan-3 in the Russian section of the Sea of Okhotsk. Estimated recover...
Acquisition of New Exploration Licence in Russia
Acquisition of New Exploration Licence in Russia 3/25/2013 - International Petroleum Limited, an oil and gas exploration and production company with assets in Russia and Kazakhstan, is pleased to announce that its wholly-owned subsidiary company, Yuzhno-Sardako...
NOVATEK Wins Auction for the East-Tazovskoye Field
NOVATEK Wins Auction for the East-Tazovskoye Field 3/14/2013 - OAO NOVATEK announced that its subsidiary OOO NOVATEK-Tarkosaleneftegas won an auction for exploration and production license for the East-Tazovskoye field. Payment for the license was set at RR 3.19 ...
TNK-BP Wins Auction for Yuzhno-Uzunsky Subsoil Block
2/1/2013 - TNK-BP announces that OJSC Nizhnevartovskoe Neftegazodobyvayuschee Predpriyatie (a TNK-BP Group company) has won an auction for development rights to the Yuzhno-Uzunsky subsoil block (estimated C1+C2 ...
Rosneft Acquired 12 Russian Offshore Acreages
2/1/2013 - Russian Prime Minister Dmitry Medvedev has signed an order transferring the rights to develop 12 acreages on the Russian continental shelf to Rosneft. ...
TNK-BP Acquires New Fields in the Orenburg Region
TNK-BP Acquires New Fields in the Orenburg Region 12/26/2012 - TNK-BP informs about the acquisition of 100% stake in Yupiter-A LLC, which owns licenses for Tverdilovskiy and Pogromnenskiy areas in the Orenburg region with total reserves (C1+C2) of 8.1 mln tons. ...
Lukoil Wins the Bidding for Federal Subsoil Use
Lukoil Wins the Bidding for Federal Subsoil Use 12/25/2012 - OOO LUKOIL-West Siberia (a wholly-owned OAO LUKOIL subsidiary) has won the bidding for the use of a subsoil site of federal importance, including the Imilorskoye+West Imilorskoye and Istochnoye fields...
TNK-BP Announces Discovery of New Fields in Orenburg
12/20/2012 - TNK-BP announces the discovery of new oil fields in the Pokrovsko-Sorochinskiy and Radovskiy blocks, with estimated potential recoverable reserves of 4 million tonnes in the ABC1 category and 1 millio...
Alliance Oil Wins E&P License in Timano-Pechora
Alliance Oil Wins E&P License in Timano-Pechora 12/19/2012 - Alliance Oil won the auction for the Alfinski exploration and production license. The Company will pay approximately MUSD 0.5 for the license to be awarded by the Russian Federal Agency Rosnedra. ...
Alliance Won Five Exploration Licences in Russia
Alliance Won Five Exploration Licences in Russia 11/19/2012 - Alliance Oil has been awarded 5 exploration licenses in Timano-Pechora: Fakelniy, Beluginskiy, Nireiskiy, Nadezdenskiy and North-Tabrovoyahinskiy, by Federal Agency Rosnedra. ...
Russia Invites ONGC to Buy Stake in Madagan 2 Field
10/14/2012 - Russia has invited India's Oil and Natural Gas Corp Ltd to consider buying a stake in the Madagan 2 field operated by Rosneft in the northern part of the Sea of Okhotsk. ...
Sprint Acquires Block 95-3 in West Siberia
9/25/2012 - Australian based resource company Sprint Energy Limited is pleased to announce it has have entered into an option agreement (“Option”) with Terra Ltd (“Terra”) to acquire up to 75% equity interest in ...
Sprint Signs HOA with Burtasi to Acquire Russian Assets
9/20/2012 - Australian based resource company Sprint Energy Limited is pleased to announce it has signed a Heads of Agreement (HOA) with Burtasi Oil through its Australian agents, Petroscope Pty Ltd, herein after...
Statoil & Rosneft Sign Agreements for Russian Exploration
Statoil & Rosneft Sign Agreements for Russian Exploration 8/30/2012 - Statoil and Rosneft signed Shareholder and Operating Agreements that will establish joint ventures for the four offshore Russian license areas included in the Cooperation Agreement signed by the two c...
Alliance Oil Acquires Oil License in Timano-Pechora
7/18/2012 - Alliance Oil Company has signed an agreement to acquire LLC "GeoInvestService" for 30 million US dollars. LLC "GeoInvestService" holds an exploration license for the West-Osoveiskoye block in the Tima...
Eni & Rosneft Sign Contracts for Russian Offshore Assets
Eni & Rosneft Sign Contracts for Russian Offshore Assets 6/21/2012 - Eni CEO Paolo Scaroni and Rosneft Chairman Igor Sechin signed agreements in Saint Petersburg concerning their operation of assets in the Black Sea and the Barents Sea. ...
Award of Russian Exploration Licence
Award of Russian Exploration Licence 5/15/2012 - JKX Oil & Gas plc (JKX) is pleased to announce that YGE, its wholly owned Russian subsidiary, has been awarded the Giorgievskoye exploration licence in the Republic of Adygea, southern Russia. ...
LUKOIL Could Lose Trebs & Titov Rights
3/23/2012 - Russia's LUKOIL could lose access to the Trebs & Titov field, which it had planned to develop with mid-sized player Bashneft, Interfax quoted the natural resources ministry as saying on Friday. ...
JKX Oil & Gas Announces Russian Gas Sales Contract
3/1/2012 - JKX is pleased to announce that its wholly owned Russian subsidiary, Yuzhgazenergy (“YGE”), has signed a sales agreement with Kubangazifikatziya for the sale of 100% of the gas produced in 2012 from i...

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