Acquisitions and Divestitures News in Russia

INEOS Buys North Sea Gas Field from Russian Billionaire
10/12/2015 - Swiss chemicals giant Ineos has bought its first British North Sea gas fields from Russian billionaire Mikhail Fridman's investment fund LetterOne, outlining plans to further expand its energy resourc...
Gazprom Neft Acquires New E&P Licences in the Khanty-Mansiysk Autonomous Okrug
10/7/2015 - Gazprom Neft has acquired additional licences for geological prospecting, exploration and development at the Yuilsky-3, Lyaminskiy-6 and Severo-Ityakhskiy-1 blocks, all located in the Khanty-Mansiysk ...
Russian Billionaire Fridman Nears Deal for E.ON's North Sea Assets
10/6/2015 - Russian billionaire Mikhail Fridman's LetterOne fund has emerged as the frontrunner for the acquisition of German utility E.ON's Norwegian North Sea assets, three industry and banking sources said. ...
BASF & Gazprom Complete Asset Swap BASF Subsidiary Wintershall
10/1/2015 - BASF and Gazprom have completed the swap of assets with equivalent value effective at the end of September 30, 2015, financially retroactive to April 1, 2013. With the swap, BASF is further expanding ...
Russian Billionaire Fridman Asks Britain to Delay North Sea Deadline
9/28/2015 - Russian billionaire Mikhail Fridman's LetterOne fund has asked Britain to delay an October deadline to sell its North Sea assets after a first round of offers disappointed, several sources said. The B...
Gazprom Neft Wins Licensing Round for Novochatylkinsky Subsoil Concession
9/16/2015 - Gazprom Neft has secured subsoil usage rights to the Novochatylkinsky licence block, including part of the Chatylkinsky oilfield. The concession is located within the Krasnoselkupsky district in the Y...
Schlumberger Bid for Eurasia Stake Could Face New Conditions
9/15/2015 - The Russian government could set further conditions before approving U.S. company Schlumberger's bid for a stake in Russia's Eurasia Drilling, news agency RIA reported citing the head of Russia's anti...
Gazprom & OMV Sign Asset Swap Agreement
9/4/2015 - As part of the Eastern Economic Forum, Alexey Miller, Chairman of the Gazprom Management Committee and Rainer Seele, Chairman of the OMV Executive Board signed today in Vladivostok an Agreement on ter...
ONGC Videsh to Acquire 15% interest in Vankor Field
9/4/2015 - ONGC Videsh Limited signed definitive agreements to acquire up to 15% shares in CSJC Vankorneft, a company organized under the law of Russian Federation which is the owner of Vankor Field and NorthVan...
Rosneft & Sinopec Agree on the Joint Development of Russkoye and Yurubcheno-Tokhomskoye Fields
9/3/2015 - Rosneft and China Petrochemical Corporation (Sinopec) signed the Heads of Agreement on cooperation within the proposed joint development of Russkoye and Yurubcheno-Tokhomskoye fields. The document was...
NOVATEK & The Silk Road Fund Conclude Framework Agreement on Acquisition of Stake in Yamal LNG
9/3/2015 - Today, in the presence of the President of Russian Federation Vladimir Putin and the President of People’s Republic of China Xi Jinping, OAO NOVATEK (“NOVATEK”) and China’s Silk Road Fund (“SRF”) conc...
Rosneft, Sberbank and Pietro Barbaro Close the Acquisition of Prime Shipping
9/1/2015 - The Russian Joint Venture between Rosneft, Sberbank Investments and Pietro Barbaro S.p.A. closed the acquisition of the Pietro Barbaro Group shipping assets in the Russian Federation (100% share of Pr...
Russia's Novatek to Sell 10% in Yamal LNG to Chinese Fund
8/24/2015 - Russia's second-biggest gas producer Novatek is close to selling a 9.9 percent stake worth an estimated $900 million in its Yamal liquefied natural gas project to a Chinese investment fund, Kommersant...
Lukoil Closes Deal on Selling Its Share in Caspian Investments Resources Ltd
8/20/2015 - PJSC LUKOIL closed a deal to sell its 50% share in Caspian Investments Resources Ltd. to China-based Sinopec. The required permits from the state authorities of the Republic of Kazakhstan were acquire...
Rosneft Acquires a Russian Oilfield Service Company from Trican Well Service Ltd.
8/14/2015 - A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. signed a framework agreement and ancillary documents, pursuant to which a Rosneft subsidiary agreed to acquire a 100% shareh...
Saipem Received Notification of Termination for Convenience of the South Stream BV Contract
7/9/2015 - Saipem informs that late in the evening of July 8th it received notification of the termination for convenience of the South Stream BV contract. ...
Gazprom Discusses Nord Stream 2 Participation with BASF
7/7/2015 - Russian gas giant Gazprom said it had discussed with BASF the possibility of the German firm participating in its Nord Stream 2 gas pipeline project. Gazprom's current partners in Nord Stream 2 - a pl...
Bashneft Receives Notice of Changes of Its Shareholders
7/3/2015 - PJSOC Bashneft received a notice from JSC Reestr, a registrar, about the changes of its shareholders. ...
Russia's Bashkortostan to Get Stake in Bashneft Oil Firm
6/22/2015 - Russian President Vladimir Putin has signed a decree on transferring a 25 percent plus one share stake in medium-sized oil producer Bashneft to the region of Bashkortostan, Interfax news agency said. ...
Total & Rosneft Signed a Sale and Purchase Agreement
6/19/2015 - Total S.A. and Rosneft signed at the St. Petersburg International Economic Forum an agreement, confirming the execution of a sale and purchase agreement with regard to the 16.67% share in PCK Raffiner...

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