Acquisitions and Divestitures News in Russia

Bashneft Wins Auction for Two Subsoil Blocks
Bashneft Wins Auction for Two Subsoil Blocks 2/21/2012 - Bashneft was recognized as winner of the auction held by the Department of Subsoil Use of the Nenets Autonomous District (NAOnedra) and was granted the rights to geological exploration, finding, surve...
Rosneft Obtains Licenses For Three Barents Sea Blocks
1/31/2012 - Rosneft has obtained licenses for geological survey, exploration and production of oil and gas at three blocks of federal significance on the Barents Sea shelf. The blocks are Tsentralno-Barentsevsky,...
Exillon Announces Acquisition of the Sinatiyskoye Licence
1/18/2012 - Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to announ...
Rosneft Obtains Five New Blocks in Okhotsk Sea
12/19/2011 - By order of the government of the Russian Federation Oil Company Rosneft has been granted five blocks on the Sea of Okhotsk shelf for geological surveying, exploration and development. The five blocks...
Gazprom and Wintershall Sign Agreement on Asset Swap
10/28/2011 - Alexey Miller, Chairman of the Management Committee, Gazprom and Kurt Bock, Chairman of the Board of Executive Directors, BASF signed in Ludwigshafen (Germany) a Framework Agreement specifying the ter...
Novatek Says 2-3 Partners Could Join Yamal LNG
Novatek Says 2-3 Partners Could Join Yamal LNG 10/24/2011 - Two or three more foreign partners could join French major Total as investors in an Arctic liquefied natural gas project under development by No. 2 Russian gas producer Novatek , Chief Executive Leoni...
Saipem & OCK Sign Agreement for Projects Development
9/23/2011 - Saipem and the Russian company, United Shipbuilding Corporation (OCK), have signed an exclusive cooperation agreement for the development of oil & gas projects in the Russian Federation and in other c...
Gazprom Neft Acquires Deposit in Orenburg Region
9/1/2011 - The Gazprom Neft Group has acquired 100% of ZAO Centre of Science-Intensive Technologies, which holds exploration and production licenses for hydrocarbons in the Tsarichanskoye field – the largest of ...
NOVATEK Granted Four New License Areas
8/30/2011 - OAO NOVATEK announced that its subsidiary OOO NOVATEK- Yurkharovneftegas was granted four new license areas for exploration and production in the Yamal-Nenets Autonomous Region based on a ruling by th...
PetroKamchatka to Purchase 6 Exploration Licenses
5/18/2011 - PetroKamchatka Plc, an international junior oil exploration company incorporated in the Bailiwick of Jersey, announces that it has halted the trading of its stock at the request of the TSX Venture Exc...
Lukoil & Bashneft Set up JV for Trebs & Titov Fields
4/15/2011 - OAO LUKOIL and OAO ANK Bashneft (principal shareholder - Sistema JSFC), signed an agreement in Moscow to establish a joint venture and stipulate conditions for the development of two fields named afte...
Rosneft Obtains License to Explore the Naulskoye Field
4/6/2011 - Rosneft acquired a license to explore the Naulsk oil field, located in the Nenets Autonomous District. The Company paid RUB 3.6 billion for the license at auction. ...
NOVATEK Purchases Option in Yamal LNG
3/24/2011 - OAO NOVATEK (NOVATEK and/or the Company) announced that it has executed a call option agreement for the right to purchase the remaining 25.1% stake in Yamal LNG for USD 526 million which is valid unti...
Gazprom & Wintershall Intend to Expand Gas Production
3/10/2011 - Alexander Medvedev, Deputy Chairman of the Management Committee of OAO Gazprom, and Dr. Hans-Ulrich Engel, Board member of BASF, responsible for the Oil & Gas Division, signed in St. Petersburg a Memo...
Total Enters into Strategic Partnership with Novatek
3/2/2011 - Christophe de Margerie, Total’s Chairman and Chief Executive Officer, was invited to meet the Russia’s President Dmitry Medvedev this afternoon in Moscow. It gave them the opportunity to review the ov...
Cooperation Agreement Between Gazprom and Khanty
2/22/2011 - Gazprom headquarters Alexey Miller, Chairman of the Company's Management Committee and Natalia Komarova, Governor of the Khanty-Mansiysk Autonomous Okrug – Yugra signed the Cooperation Agreement for 2...
TNK-BP's Kovykta Auction Postponed By 2 Weeks
2/8/2011 - The sale of the licence holder of the giant Kovykta gas field, majority-owned by Russia's TNK-BP, has been postponed for two weeks and will be held on March 1, the sale administrator said on Tuesday. ...
Compressor Station Construction Contractor Selected
1/21/2011 - Following the results of the tender, the award decision for a compressor station in the southern part of the Priobskoye field design and turnkey construction has been taken. The field exploitation is ...
Kuwait Completes Acquisition of 2 Oilfields in Russia
1/17/2011 - Kuwait Energy Company KSCC (“Kuwait Energy” or “the Company”), one of the fastest growing independent oil and gas exploration and production companies in the Middle East, announced that it has complet...
Matra Awarded Production Licence for Sokolovskoe
12/23/2010 - Matra Petroleum has announced the award of the Production Licence for the Sokolovskoe field to Arkhangelovskoe, (a 100% owned subsidiary of Matra Petroleum). The initial term of the Licence is 20 year...

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