Acquisitions and Divestitures News in Russia

Enel Sells Its Entire 56.43% Stake in PJSC Enel Russia
Enel Sells Its Entire 56.43% Stake in PJSC Enel Russia 6/16/2022 - Enel S.p.A. ("Enel") informs that the agreements related to the sale of its entire stake in the share capital of PJSC Enel Russia (“Enel Russia”) have been signed. Specifically, Enel has signed two se...
LUKOIL to Develop Shell’s Fuel Stations Network in Russia Rebranded as Teboil
6/7/2022 - Following extensive discussions with the leaders and employees of Shell's filling station network in Russia, acquired by LUKOIL last month, the decision was made to preserve the business as a separate...
Equinor Exits All Joint Ventures in Russia
Equinor Exits All Joint Ventures in Russia 5/25/2022 - On 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures in Russia.

Since then, Equinor has halted all new investmen...
Shell Completes Sale of Retail & Lubricants Businesses in Russia
5/25/2022 - Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, subsidiaries of Shell plc, have completed the sale of Shell Neft LLC, Shell’s retail stations and lubricants business in Russ...
Shell Signs Agreement to Sell Retail & Lubricants Businesses in Russia
Shell Signs Agreement to Sell Retail & Lubricants Businesses in Russia 5/12/2022 - Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of Shell plc – have signed an agreement to sell Shell Neft LLC, which owns Shell’s retail and lubricants busine...
Equinor to Stop Trading in Russian Oil and Oil Products
3/14/2022 - Following the announcement that Equinor has started the process to exit its projects in Russia, a decision has been made that Equinor will also stop trading in Russian oil. This means that Equinor wil...
Worley Announces Withdrawal from Russia
3/10/2022 - Worley deeply saddened by the events in Ukraine and support the strong response of the international business community withdrawing from Russia. Worley has begun the safe withdrawal of its services pr...
Shell Announces Intent to Withdraw from Russian Oil & Gas
Shell Announces Intent to Withdraw from Russian Oil & Gas 3/8/2022 - Shell plc (Shell) announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner, al...
OMV No Longer Pursues Investments in Russia
3/5/2022 - - Russia will no longer be a core region
- Strategic options for Yuzhno Russkoye to be assessed including possibilities to divest or exit
- Achimov interest in West Siberian gas field Urengo...
OMV to not Further Pursue the Acquisition Interest in Achimov 4A/5A Phase
3/1/2022 - The Executive Board of OMV has decided to not further pursue negotiations with Gazprom on the potential acquisition of a 24.98% interest in the Achimov 4A/5A phase development in the Urengoy gas and c...
Shell Intends to Exit Equity Partnerships Held with Gazprom Entities
2/28/2022 - The Board of Shell plc (“Shell”) announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facilit...
Zhejiang Energy Signed an Agreement to Take Shares in Yakutsk Gas Project
1/19/2022 - A-Property and Zhejiang Energy International Limited (a subsidiary of Zhejiang Energy Group, a 100% state-owned company in Zhejiang Province) signed indicative terms of a deal for the sale of 10% stak...
NIS Becomes a Strategic Partner to HIP Petrohemija
12/24/2021 - Naftna Industrija Srbije (NIS, a joint venture between the Government of Serbia and Gazprom Neft), the Serbian government and HIP Petrohemija have entered into a strategic partnership agreement under ...
JKX Oil & Gas Announces Sale of Non-core Assets
10/4/2021 - The Company has previously announced its intention to focus its portfolio on its most prospective opportunities. Following a further review the Board has decided that the Company will dispose of its o...
Rosneft Agrees Heads of Terms to Sell a Stake in the Vostok Oil Project
6/10/2021 - Rosneft and a consortium of Vitol S.A. and Mercantile & Maritime Energy Pte. Ltd. (hereinafter, the Consortium) signed heads of terms for a transaction providing for the sale of a 5% stake in the auth...
Wintershall Dea Transfers Stake in Project to Partner Ritek
Wintershall Dea Transfers Stake in Project to Partner Ritek 5/28/2021 - - RITEK, a subsidiary of LUKOIL, will become the sole owner of Wolgodeminoil
- The asset transfer is part of Wintershall Dea’s strategy to focus on gas and gas condensate production in Russia
PetroNeft Completes Acquisition of an Additional Interest in Licence 67
3/8/2021 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, is pleased to announce that the acquisition of an additional 40% interest In Licence...
PetroNeft Announces Potential Acquisition of License 67
1/15/2021 - 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, is pleased to provide the followin...
Equinor Acquires Interests in Onshore Assets in Russia
12/11/2020 - Equinor has completed an agreement with Rosneft that increases its onshore presence in Russia.

T...
Rusneftekhim Increases Its License Fund in the YANAA
12/8/2020 - Rusneftekhim (Rusneftekhim Oil Company JSC) increases its license fund in the YANAA. Rusneftekhim has acquired five license blocks located in the Shuryshkarsky district of the Yamalo-Nenets Autonomous...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.