BP acquisition of 49% stake in Kharampurneftegas

30/4/2018

Private acquisition

Status:

Announced

Date:

30/4/2018

Overview:

Oil and gas group BP has agreed to acquire a 49% stake in Kharampurneftegas from Rosneft, creating a new joint venture to develop the Kharampurskoye oil, gas and condensate field and the Festivalnoye oil, gas and condensate field in north-west Siberia.

Prin Shasiharan - Researcher

Jurisdiction:

Russia

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Oil and gas

Firms:

Baker Botts

Party: Rosneft Oil Company (Seller)

Norton Rose Fulbright

Party: BP (Acquirer)

Lawyer: Marc Waha

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