Mergers and Acquisitions News in Russia

Rosneft Signs Oil Supply Deal With Firm Linked to Qatar & Glencore
1/10/2017 - Russian oil major Rosneft has concluded a deal with a company linked to Qatar and commodities trader Glencore to supply up to 55 million tons of crude in total over a 5-year period, Rosneft said in a ...
New Strategic Partnership Between Glencore & Qatar Investment Authority Relating to Rosneft
1/3/2017 - The Company announces that final settlement has been completed and closing achieved for the transaction described in its release of 10 December 2016.
Rosneft Agrees to Buy Oil Services Targin for Up to 4.1 Billion Roubles
12/26/2016 - Russia's largest oil producer Rosneft has agreed to buy oil services firm Targin from Sistema conglomerate for up to 4.1 billion roubles ($67.4 million), Rosneft said on Monday, as it seeks to expand ...
Rosneft Acquires Targin Oilfield Services Company
12/26/2016 - Rosneft announces reaching an agreement with AFK Systema to acquire 100% of Targin shares. The price of the transaction will amount up to RUB 4.1 bln. The deal was approved in accordance with Rosneft ...
Tatneft Entered Into a Transaction to Sell its Shares in Nizhnekamskneftekhim
12/21/2016 - PJSC TATNEFT has entered into an agreement to sell its shares in PJSC Nizhnekamskneftekhim (402,813,999 ordinary shares) to TAIF PSC. The value of the transaction is approximately 32 billion Rubles. I...
A 10% Stake in SIBUR to Be Sold to China’s Silk Road Fund
12/14/2016 - The shareholders of SIBUR, the largest gas processing and petrochemicals group in Russia, and representatives of the Silk Road Fund, a Chinese investment fund, have signed the final documents in a dea...
Rosneft & ChemChina to Set up a JV to Build a Polymeric Coatings Plant
12/14/2016 - Rosneft and the China National Petrochemical Company (ChemChina) signed a Heads of Agreement on establishing a Joint Venture. The document was signed by Rosneft Chief Executive Officer Igor Sechin, an...
Gazprom & OMV Sign Binding Basic Agreement on Asset Swap (update)
12/14/2016 - Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the OMV Executive Board, on Wednesday signed the Basic Agreement regarding the asset swap. The signing ceremo...
Gazprom & NIGC Sign Memorandum of Understanding
12/13/2016 - A working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, and Hamid Reza Araqi, Iranian Deputy Oil Minister, Managing Director of the Iranian National Gas Comp...
Glencore & Qatar Buy $11.3bn Stake in Russia's Rosneft
Glencore & Qatar Buy $11.3bn Stake in Russia's Rosneft 12/8/2016 - Glencore notes the announcement released by the Russian government regarding the privatization of shares in Rosneft. ...
Lukoil Concludes Agreement to Sell Grib Diamond Mine
12/2/2016 - LUKOIL concluded an agreement to sell its 100% stake in JSC “ARKHANGELSKGEOLDOBYCHA” to “Otkritie Holding” Group for $1.45 bln in cash. The transaction is expected to close in the first quarter of 201...
Rosneft & BP Complete the Creation of a New Joint Venture
10/31/2016 - Rosneft and BP announce the completion of the deal to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation...
Rosneft Successfully Closed the Transaction to Sell 11%shares in Vankorneft JSC
10/28/2016 - Rosneft Oil Company and ONGC Videsh Limited closed the transaction for the purchase of 11% of Vankorneft JSC to the Indian company. The base price of the transaction is ?. USD 930 mln. Upon the closin...
Russia Set for Rosneft Stake Sale
10/28/2016 - The Russian government will sign off on the sale of a 19.5% stake in state oil firm Rosneft early next week, pushing ahead with a privatisation programme as it seeks to plug holes in the state budget....
Gazprom & RusGazDobycha Setting Up Project Company to Develop Group of Fields
9/27/2016 - The Gazprom Board of Directors took notice of the information about the progress of the joint project for the development of the Parusovoye, Severo-Parusovoye and Semakovskoye fields located in the Ya...
Severstal & Rutgers Group Present Joint Venture at Cherepovets
9/21/2016 - The Rutgers Severtar facility will be built in place of the old coal-tar processing unit at Cherepovets Steel Mill’s coke production plant. Rutgers Group will own 65.3% of the facility, Severstal 34.7...
Open Offer to Pursue Merger with Russian Oil & Gas Company
9/7/2016 - Araca Energy ASA joins forces with the Russian oil and gas company PJSC Petrarko to list on The Oslo Stock Exchange. ...
FESRC & DSEC Co., Ltd Agreed to Set Up Joint Venture
9/3/2016 - The Far Eastern Design Institute Vostokproektverf, a FESRC subsidiary, and DSEC Co., Ltd, a subsidiary of Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME), signed a Memorandum of Understanding a...
Gazprom Buying out Its Own Shares from Vnesheconombank
7/15/2016 - Gazprom Group signed a number of agreements with Vnesheconombank to purchase a block of ordinary shares and ADRs representing Gazprom's ordinary shares that amounts to 3.59 per cent of the Company's e...
Russian Oil & Gas Company Set to Merge With Araca Energy ASA
6/27/2016 - The Russian oil and gas company PJSC Petrarko ("Petrarko") has signed a «Heads of Terms» agreement with Araca Energy ASA ("Araca"). Petrarko has proven P2-reserves of 250 million barrels and a daily p...

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