Kaliningrad Offshore Area Transferred to Caspian Oilmen
LUKOIL-Kaliningradmorneft has been placed under the management of LUKOIL-Nizhnevolzhskneft LLC. The restructuring was carried out to centralise the management of LUKOIL’s offshore projects. The changes took place in the fourth quarter of 2025, according to Interfax. The managing company is expected to conduct production and commercial activities aimed at the …