Uncategorized

Rosneft Closes Acquisition of 35.3% Stake in Taas-Yuryakh Project from Sberbank

Rosneft has closed a deal to acquire a 35.3% stake in Taas-Yuryakh Neftegazodobycha from Sberbank. The value of the deal was set to correspond to the historic cost of the project for Sberbank, equalling $444 million. Taas-Yuryakh Neftegazodobycha is the holder of oil production licences for the Srednebotuobinsk oil and …

READ MORE →