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Oil & Gas Companies News in Russia

Gazprom, Total and StatoilHydro Create Shtokman Development Company for the Shtokman gas field
2/22/2008 - Gazprom,Total S.A., and StatoilHydro signed a Shareholder Agreement relating to the creation of Shtokman Development AG. Gazprom holds a 51% stake in Shtokman Development AG while Total holds 25% and ...
Reinforced cooperation with Arkhangelsk Oblast
2/19/2008 - StatoilHydro signed a Memorandum of Understanding with Arkhangelsk Oblast Administration. The agreement is another milestone in the company’s long-term commitment to the North-West Russia. The MoU was...
Aker Kvaerner acquires engineering company and sells off shares in Russian yard
2/13/2008 - Aker Kvaerner has entered into an agreement which gives full ownership of Finnish RR Offshore and ends the co-operation between Aker Kvaerner and it's former Russian partner ST Holdings. As part of th...
Eni and Gazprom incorporate South Stream AG
1/18/2008 - Eni and Gazprom announce that a new company, South Stream AG, 50% owned respectively by Eni and Gazprom, has been incorporated today. The new company plans to complete the technical, economic and poli...
LUKOIL and GAZPROM NEFT establish a joint venture
12/28/2007 - OAO LUKOIL and OAO GAZPROM NEFT have established a joint venture, OOO Oil and Gas Company “Regional Development”. The relevant documents were signed by Vagit Alekperov, President of OAO LUKOIL, and Al...
Urals Energy Completes Acquisition from Finfund
12/14/2007 - Urals Energy has completed the acquisition from Finfund Limited of a 32.3% interest in OOO Taas-Yuriakh Neftegazodobycha, the principal terms for which were referred to in the Company's announcement o...
Completion of acquisition of Koshekhablskoye gas field, onshore Russia
11/27/2007 - JKX Oil & Gas announced completion of the acquisition of 100 per cent of the southern Russian Koshekhablskoye gas field. The conditional acquisition was announced on 24 July, 2007 and was subject to a...
Tatneft and Shell to develop strategic partnership
9/27/2007 - Tatneft and Shell Exploration Company (RF) B.V. concluded Agreement on Principles of Strategic Partnership. The agreement was signed by General Director of Tatneft Shafagat F. Takhautdinov and Shell C...
Gazprom and Total sign a framework agreement for cooperation in Shtokman development
7/13/2007 - Gazprom and Total have signed a Framework Agreement for Cooperation in the Development of the First Phase of the Shtokman Gas Condensate field. In accordance with the Agreement, the parties will set u...
Rosneft and Shell Agreed on Strategic Cooperation
7/9/2007 - Rosneft Open Joint Stock Company and Royal Dutch Shell plc (Shell) concluded an Agreement on Strategic Cooperation.The Agreement provides the opportunity for joint implementation of upstream and downs...
BP and TNK-BP Plan Strategic Alliance with Gazprom as TNK-BP Sells its Stake in Kovykta Gas Field
6/22/2007 - BP and TNK-BP today announced that they have signed a memorandum of understanding to create a strategic alliance with the Russian gas giant, Gazprom, to invest jointly in major long-term energy projec...
Gazprom enters Sakhalin II project
4/19/2007 - Sakhalin Energy, operator of the Sakhalin II project, signed a Sale and Purchase Agreement with OAO Gazprom (Gazprom) to trigger the transfer of shares in Sakhalin Energy. This transaction implements ...

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