Mergers and Acquisitions News in Russia

Rosneft to Purchase AAR’s 50% Stake in TNK-BP
Rosneft to Purchase AAR’s 50% Stake in TNK-BP 12/12/2012 - Rosneft signed in Munich an agreement to purchase from the AAR Consortium (Alfa Group, Access Industries and Renova) its 50% stake in TNK-BP. The purchase price in the transaction is determined based ...
OMV Sells its Marketing Subsidiary to NIS
11/30/2012 - OMV has signed an agreement to sell its subsidiary in Bosnia-Herzegovina, OMV BH d.o.o, a 100%-owned subsidiary of OMV Refining & Marketing GmbH, to the Serbian oil company NIS. ...
Rosneft Signs Agreements to Acquire 50% in TNK-BP
Rosneft Signs Agreements to Acquire 50% in TNK-BP 11/22/2012 - Rosneft announces that it has entered into definitive agreements with BP for the purchase of BP’s 50% interest in TNK-BP in exchange for $17.1 billion in cash and 12.84% Rosneft shares currently held ...
Sale of BP’s 50 Percent Interest in TNK-BP to Rosneft
Sale of BP’s 50 Percent Interest in TNK-BP to Rosneft 11/22/2012 - BP, Rosneft and Rosneftegaz, the state-owned parent company of Rosneft, have signed definitive and binding sale and purchase agreements (SPAs) for the sale of BP’s 50 per cent interest in TNK-BP to Ro...
Hess Explores Sale of Interests in Russia
11/12/2012 - Hess Corporation announced that as part of the company’s strategic reshaping of its portfolio it will pursue the sale of its Russian subsidiary Samara-Nafta, which produces approximately 50,000 barrel...
NOVATEK Acquires 49% of Nortgas
NOVATEK Acquires 49% of Nortgas 11/6/2012 - OAO NOVATEK (NOVATEK and/or the Company) announced today the conclusion of an agreement to acquire a 49% equity stake in ZAO Nortgas (Nortgas) from R.E.D.I. HOLDINGS for $1,375 million. The transactio...
Gazprom Neft Acquires New Asset in Orenburg
Gazprom Neft Acquires New Asset in Orenburg 10/31/2012 - Gazprom Neft has acquired LLC Korsar, the sole member of LLC Zhivoi Istok, and as a result established control over LLC Zhivoi Istok, which holds licenses to explore and produce oil at the Baleykinsky...
BP & Rosneft Set Up $25 Billion-Plus TNK-BP Deal
10/22/2012 - Rosneft and BP are preparing to announce a deal worth over $25 billion (£15.58 billion) that could give the British oil company a stake of between 16 and 20 percent in the state-controlled Russian ene...
Rosneft Agrees Heads of Terms with the AAR
10/22/2012 - Rosneft confirms that BP, in connection with the sale of its interest in TNK-BP to Rosneft, has waived its right to negotiate in good faith to purchase the AAR consortium’s stake in TNK-BP. ...
Rosneft Agrees to Acquire 50% Stake in TNK-BP
Rosneft Agrees to Acquire 50% Stake in TNK-BP 10/22/2012 - Rosneft announces that it has entered into an agreement in principle with BP to acquire its 50% interest in TNK-BP in exchange for $17.1 billion in cash and 12.84% Rosneft shares currently held in tre...
Alliance Oil Expands Operations in Tomsk Region
10/16/2012 - Alliance Oil Company has signed an agreement to acquire 100% of the shares in LLC “SN-Gazdobycha” for 128 MUSD, which primarily will be funded from existing cash and from debt facilities. ...
Oligarchs to Kick off BP's Russian Sale Talks
10/14/2012 - Bidding will open this week for BP's half of Russian oil company TNK-BP, with state oil major Rosneft tipped as the likely buyer of the British oil major's stake in the fraught but lucrative joint ven...
BP May Buy Rosneft Stake As Part of TNK-BP Exit
BP May Buy Rosneft Stake As Part of TNK-BP Exit 9/21/2012 - British oil company BP wants to buy a stake in Russian state-controlled peer Rosneft, adding a new dimension to a long-running struggle for control of a big chunk of the country's oil production. ...
Exillon Energy Announces Acquisition of LLC VenlockNeft
9/10/2012 - Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to announce...
ConocoPhillips Sells Interest in NaryanMarNefteGaz
8/22/2012 - ConocoPhillips announced that, as part of its ongoing strategy to reposition its asset base, it has closed a transaction with LUKOIL for the sale of ConocoPhillips’ indirect 30 percent interest in Nar...
Repsol & Alliance Complete the 1st phase of JV in Russia
8/17/2012 - In accordance with an agreement signed on December 20, 2011 Repsol and Alliance Oil have completed the first phase of their joint hydrocarbon exploration and production venture with the integration of...
Rosneft & ITERA to Create JV to Produce and Sell Gas
Rosneft & ITERA to Create JV to Produce and Sell Gas 8/6/2012 - Rosneft and ITERA Group have closed a deal to create a joint venture on the basis of ITERA Oil and Gas Company to produce and sell gas in line with the terms of a strategic cooperation agreement signe...
BP to Begin Negotiations With Rosneft for TNK-BP Purchase
BP to Begin Negotiations With Rosneft for TNK-BP Purchase 7/24/2012 - BP confirmed it would begin negotiations with Rosneft for the potential purchase of BP’s shareholding in TNK-BP. BP also confirmed that while conducting parallel discussions with Rosneft and any other...
Rosneft Buys Into Gas Producer Itera to Challenge Gazprom
Rosneft Buys Into Gas Producer Itera to Challenge Gazprom 7/20/2012 - Russia's top crude producer Rosneft has acquired 6 percent of mid-sized natural gas company Itera, in line with its plans to strengthen its foothold in the gas market. Rosneft gave no financial detail...
BP Begins Next Stage in TNK-BP Sale Process
BP Begins Next Stage in TNK-BP Sale Process 7/18/2012 - BP announced that it is beginning the next stage in the process, required under the TNK-BP shareholder agreement, regarding the potential sale of its shareholding in TNK-BP. ...

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 © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.