Sorovskneft: Achieves Annual Production Target Ahead of Schedule
LLC Sorovskneft (a company forming part of Bashneft Group, the controlling stake in which has recently been bought by PJSC Rosneft Oil Company) achieved the 2016 production target ahead of schedule, with oil production totalling about 1.9 million tonnes. This was achieved due to successful implementation of a programme of …
Bashneft: Acquires Burneftegaz
Bashneft Group has gained control over a 100% stake in LLC Burneftegaz, a company conducting exploration and producing oil in the Tyumen District. The transaction had been approved by the Federal Antimonopoly Service. LLC Burneftegaz owns the rights to exploration and development of the Sorovskoye field (the Vostochno-Vuemskiy licence area) …