Acquisitions and Divestitures News in Russia

Shell& Japan Firms May Get Stake in Gazprom's Baltic LNG
6/17/2015 - Russian gas company Gazprom may offer up to 49 percent in its Baltic LNG project to a strategic partner and the most likely candidates are Royal Dutch Shell or a consortium of Japanese firms, Russia's...
Russia to Review Eurasia Drilling-Schlumberger Deal in Summer 2015
6/15/2015 - A Russian government commission could decide on Schlumberger NV's bid for Eurasia Drilling later in the summer, RIA news agency reported, citing the head of Russia's Federal Antimonopoly Service (FAS)...
Lukoil May Cut Price to Close Kazakh Deal with Sinopec
6/4/2015 - Russia's second largest oil company Lukoil is in talks with China's Sinopec over a stalled sale of assets in Kazakhstan, and is ready to cut its price by up to 10 percent, industry sources said. ...
Lukoil Optimizes Asset Structure in Baltic States
6/3/2015 - OAO LUKOIL signed a sale-and-purchase contract with Aqua Marina AS to sell it 100% shares of Lukoil Eesti AS, who owns a network of 37 gas-filling stations on Estonian territory. The deal will be clos...
NOVATEK Extends Share Buyback Program
5/21/2015 - The Management Board of OAO NOVATEK (NOVATEK) approved the extension of the share buyback program until 7 June, 2016, keeping all the terms of the program unchanged. ...
Russia to Decide on Schlumberger Did for Eurasia Drilling in 2-3 Weeks
5/21/2015 - A Russian government commission should decide on Schlumberger's bid for Eurasia Drilling in two to three weeks, an official from Russia's Federal Antimonopoly Service (FAS) said. ...
Gazprom Plans to Sell Stake in German Gas Group VNG
4/6/2015 - Gazprom said it plans to sell its 10.52 percent stake in Germany's natural gas supplier Verbundnetz Gas (VNG), in line with the Russian company's strategy to pull back from operations in Europe. ...
Russia's Eurasia Drilling Extends Deadline for Schlumberger Deal
3/30/2015 - Russia's Eurasia Drilling said it had agreed to extend a deadline on a proposed deal to sell a stake to international oilfield services firm Schlumberger from March 31 to April 30. ...
Acquisition of 27.5% of the Issued Share Capital of Timan Oil & Gas Plc
3/19/2015 - Araca Energy ASA (Araca) has signed a further agreement for the acquisition from Levant Energy Limited of 27.5 percent of the issued share capital of Timan Oil & Gas Plc. This agreement, which is on t...
Speedcast Acquires Hermes Datacomms to Boost Energy Communication Services
3/16/2015 - SpeedCast International Limited (SpeedCast), a leading global satellite communications service provider, announced it has signed a definitive agreement for the acquisition of Hermes Datacommunications...
Rosneft Completes SANORS Purchase Transaction
3/13/2015 - Rosneft completed the transaction on purchase of 100% of shares of SANORS Holding Limited (Novokuibyshevsk Petrochemical Company). The transaction was completed after obtaining all the necessary appro...
Glencore to Take 49% Stake in Russian Oil Firm Russneft
3/11/2015 - Glencore is to take a 49 percent stake in Russian oil producer Russneft as a result of a restructuring, its owner said, despite fears that an escalating conflict between Moscow and the West over Ukrai...
Gazprom Neft Khantos Acquires New 2 Licences
3/4/2015 - Gazpromneft Khantos has acquired two new exploration and production (E&P) licences, for the Maloyugansk and Zapadno-Zimnee fields in the Khanty Mansiysk Autonomous Region. These new assets, acquired b...
UK Blocks Russian Oligarchs' Deal to Buy North Sea Fields
3/1/2015 - The British government blocked on Saturday a deal by Russian billionaires, Mikhail Fridman and German Khan, to buy 12 oil and gas fields in the North Sea as part of their acquisition of Germany's oil ...
Petrogrand Signs a Letter of Intent Regarding an Acquisition in Russia
2/10/2015 - Petrogrand AB (publ) (Petrogrand) signed a Letter of Intent (LOI) regarding the acquisition of 49 percent of the shares and votes in Ripiano Holding Ltd, a Cyprus holding company with an oil producing...
Gazprom Wins Trial Over Moncrief Oil International
2/9/2015 - On February 2, 2015 the Tarrant County Court, Texas, USA located in Fort Worth passed a judgement to dismiss the litigation involving a claim worth over USD 1.38 billion filed by Moncrief Oil Internat...
Conclusion of Formal Sale Process & Operational Update
1/27/2015 - Following the announcement by the Company of a formal sale process on 5 June 2014 a number of proposals were received from interested parties. However none of the proposals have been deemed by the Boa...
Schlumberger to Acquire Minority Share in Eurasia Drilling Company
1/20/2015 - Schlumberger Limited announced an agreement to acquire a minority equity interest in Eurasia Drilling Company Limited (EDC). The agreement extends the successful long-term relationship enjoyed by the ...
Gazprom Neft Gains Two Licenses For Exploration on the Arctic Shelf
1/14/2015 - Gazpromneft Sakhalin (a subsidiary of Gazprom Neft) has been awarded subsoil-use rights to two licence blocks in the Russian Arctic — the Severo-Zapadniy (North East) block, located on the Pechora Sea...
Gazprom Purchasing 50% of Total Shares in South Stream Transport
12/29/2014 - Eni entered into an agreement for the sale of its 20% stake in South Stream Transport B.V. to Gazprom. ...

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