Acquisitions and Divestitures News in Russia

Russia's Russneft Plans to Raise $500 Million in November IPO
7/3/2016 - Russian oil company Russneft plans to hold an IPO on the Moscow Exchange in November, aiming to raise $500 million for 10 percent of its shares, a source close to the deal told Reuters. ...
NOVATEK Obtains New License Areas on the Gydan Peninsula
6/30/2016 - OAO NOVATEK (NOVATEK and/or the Company) announced that its subsidiary OOO NOVATEK-Yurkharovneftegas obtained the right to explore and appraise licenses for the West-Solpatinskiy, North-Tanamskiy and ...
Gazprom Earns RUB 45.2 billion from Selling Non-Core and Inefficient Assets
6/21/2016 - The Gazprom Board of Directors took note of the report on the progress of the Program for the disposal of non-core assets, which had been developed for a three-year period from the second half of 2013...
Gazprom Eyes Asset Swap Deals with Shell, OMV by 2016-End
6/20/2016 - Russia's state-controlled gas giant Gazprom could gain control over some of the assets that Shell (RDSa.L) acquired earlier this year from BG group, a senior Gazprom executive said in an interview.
Rosneft & a Consortium of Indian Investors Signed Agreements to Affiliate the Vankor Project
6/17/2016 - Rosneft and Consortium of Indian Companies led by Oil India Limited along with Indian Oil Corporation Ltd. and Bharat PetroResources have signed the agreement of sale and purchase of 23.9% in Vankorne...
Licence Award & General Update and Notice of Results
6/15/2016 - Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, is pleased to provide an update for shareholders. ...
Gazprom Outbids Rosneft & Lukoil for Licences to Two Arctic Fields
6/15/2016 - Russia's Gazprom has won licences for rights to develop two large oil and gas fields in the Arctic, beating rivals Rosneft and LUKOIL, an official at oilfield licences regulator Rosnedra told Reuters....
SPD Updated the West Salym Oilfield Licence
6/8/2016 - Salym Petroleum Development (SPD) updated the terms of the license agreement for the West Salym oilfield. Pursuant to addendum to the document, SPD extended validity of the license until 31 December 2...
Russneft Plans Moscow Share Sale
6/6/2016 - Russian mid-sized oil producer Russneft, majority owned by businessman Mikhail Gutseriyev, plans to sell new shares on the Moscow stock exchange in the fourth quarter, a company spokesman said. ...
China's CNPC Eyes Role in Rosneft's Privatisation
5/30/2016 - China National Petroleum Corporation (CNPC) is interested in taking part in the privatisation of Russia's top oil producer Rosneft, Interfax news agency cited Russian Energy Minister Alexander Novak. ...
Gazprom Neft Extends Licence for Developing the Novoportovskoye Field to 2150
4/27/2016 - Gazpromneft Yamal LLC has successfully extended its licence for the development of the Novoportovskoye field. The Federal Subsoil Resources Management Agency (Rosnedra) extended this Gazprom Neft subs...
Russian Government in Talks with Potential Bidders for Rosneft, Bashneft Stakes
4/25/2016 - Russia's government is in talks with potential buyers of stakes in the nation's top oil producer Rosneft (ROSN.MM) and medium-sized oil producer Bashneft (BANE.MM), Russian news agencies quoted Russia...
PetroNeft's Agreement with Natlata
4/25/2016 - PetroNeft (PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 and Natlata Partners Limited, PetroN...
NOVATEK Wins Aauction for the Nyakhartinskiy License Area
4/12/2016 - OAO NOVATEK announced that its subsidiary OOO NOVATEK-Yurkharovneftegas won an auction for the exploration and production license for the Nyakhartinskiy license area. The license duration is 27 years ...
Lukoil Granted Right to Use Subsoil Area in the Baltic Sea
4/6/2016 - In accordance with Directive of the Russian Federation Government OOO “LUKOIL-Kaliningradmorneft” (a 100% subsidiary of PJSC “LUKOIL”) was granted the right to use a subsoil block of federal significa...
Bashneft's Board of Directors Approves the Purchase of a 19% Shareholding in Ufaorgsintez
3/18/2016 - In accordance with a directive of the Government of the Russian Federation, today Bashneft’s Board of Directors has resolved that the Company should acquire a stake in the authorized share capital of ...
Rosneft Confirmed Its Interest to Enter Essar Oil Limited Share Capital
3/16/2016 - During the visit to India Rosneft Chairman of the Management Board Igor Sechin has held negotiations with the Management of Essar. Preliminary mutual understanding has been achieved on the timing and ...
NOVATEK and China's Silk Road Fund Conclude Selling 9.9% Stake in Yamal LNG
3/15/2016 - OAO NOVATEK announced the closing of a transaction to sell a 9.9% equity stake in the Yamal LNG project (“Project”) to China’s Silk Road Fund (“SRF”) for a payment amounting to EUR 1,087 million. ...
Gazprom Neft Acquires Controlling Interest in High-Technology Bitumens Facility
3/3/2016 - Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, has acquired a 75-percent participating interest in the charter capital of NOVA-Brit LLC; the company’s interests include...
Lukoil Granted Right to Use Subsoil Block of Federal Significance in Baltic Sea
2/20/2016 - In accordance with Directive of the Russian Federation Government No. 246-r. of 18 February 2016, OOO LUKOIL-Kaliningradmorneft (a wholly-owned subsidiary of PJSC LUKOIL) was granted the right to use ...

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