Russia Oil Gas Magazine

The Court Rendered A Decision in The Dispute Between Baker Hughes and Yamal LNG For $50 Million

Nefteservis tried to get the interim measures canceled. The Arbitration Court of the West Siberian District rejected the complaint of Baker Hughes Rus Infa LLC. The company was unable to challenge the imposition of interim measures: arrest of accounts in the amount of $50.7 million (at the Central Bank exchange …

READ MORE →
Eurasia Journal News

LUKOIL and Gazprom Neft: Form Meretoyakha Neftegaz JV to Develop a Large Cluster in YANAO

PJSC LUKOIL and PJSC Gazprom Neft concluded an agreement on creating a joint venture to develop a major oil and gas cluster in the Nadym-Pur-Tazovsky area of the Yamal-Nenets Autonomous District. The document was signed by Vagit Alekperov, President of LUKOIL, and Alexander Dyukov, CEO of Gazprom Neft PJSC, in presence …

READ MORE →