Gazprom Neft and Repsol establish a joint venture

Posted On December 31st, 2018 - 12:34 pm | by Oil and gas press

Gazprom Neft and Repsol have established a joint venture to undertake geological exploration in the Karabashsky zone of the Khanty-Mansi Autonomous Okrug-Yugra.

The partners have jointly acquired a 100-percent interest in ASB Geo LLC, which holds the exploration license for the Karabashsky 10 block in the Khanty-Mansi Autonomous Okrug. Pursuant to the Shareholders’ Agreement, the company is to be managed on a partnership basis.

The Karabashsky 10 license block, located in the Kondinsky district in the south—east of the Yamalo-Nenets Autonomous Okrug, is in the early stages of geological prospecting. It is adjacent to license blocks in the Karabashsky zone, the rights to various of which are already held by another Gazprom Neft—Repsol joint venture, Evrotek-Yugra.* The partners plan to begin geological prospecting works, using 2D seismic, in 2019. With a professional team and all the necessary skills and competencies in exploration, the operator on this project will be Evrotek-Yugra.

Vadim Yakovlev, First Deputy CEO, Gazprom Neft, commented:

“The acquisition of a new license block in the Karabashsky zone marks a further step forward in developing our partnership with Repsol under the previously concluded Memorandum of Cooperation determining the basis for cooperation in investigating license blocks adjacent to Evrotek-Yugra assets. Combining Gazprom Neft’s and Repsol’s competencies, experience and resources is intended to improve efficiency in activities directed at revealing the resource potential of this under-investigated part of the south—east of the Khanty-Mansi Autonomous Okrug.”

Source / Further information : Gazprom Neft

oilandgasOil and Gas News Undiluted !!! “Oil is well”

Please email us your industry related news for publication info@OilAndGasPress.com
Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook

Tags: , , Press Releases

Leave a Reply

Be the First to Comment!

Notify of
avatar

wpDiscuz

SUBSCRIBE NOW

Become a Oil & Gas Press subscriber

Oil and Gas Company News and Analysis Daily



ENERGY PRICES

TWITTER FEEDS

Oil and Gas Jobs

Commodity Prices

Images

LIKE US ON FACEBOOK

  • Stocks and Shares
  • Algeria
  • Ministère de l'Energie et des Mines
  • www.mem-algeria.org
  • National Oil Company: SONATRACH
  • www.sonatrach-dz.com
  • Oil and Gas Press
  • Angola
  • Ministry of Petroleum
  • www.minpet.gov.ao
  • National Oil Company: SONANGOL
  • www.sonangol.co.ao
  • Oil and Gas Press Benin Republic
  • Benin
  • Ministère de l'Energie, des Recherches Pétrolières et Minières, de l'Eau et du
  • National Oil Company: OBH (Office Béninois des Hydrocarbures)
  • Oil and Gas Press
  • Cameroon
  • National Oil Company: SNH (Société Nationale des Hydrocarbures )
  • www.snh.cm
  • Oil and Gas Press
  • Chad
  • Ministère du Pétrole et de l'Energie
  • www.ministere-petrole.td
  • National Oil Company: SHT (Société des Hydrocarbures du Tchad)
  • >Oil and Gas Press
  • Congo (Republic of)
  • Ministère des Hydrocarbures
  • www.ministere-hydrocarbures.cg
  • National Oil Company: SNPC (Société Nationale des Pétroles du Congo )
  • www.snpc-group.com
  • Oil and Gas Press
  • D.R Congo
  • Ministère des Hydrocarbures
  • National Oil Company: COHYDRO (Congolaise des Hydrocarbures)
  • Oil and Gas Press
  • Côte d'Ivoire
  • Ministère des Mines, du Pétrole et de l'Energie
  • National Oil Company: PETROCI
  • (Société Nationale d'Opérations Pétrolières de la Côte d'Ivoire)
  • www.petroci.ci
  • Oil and Gas Press
  • Egypt
  • Ministry of Petroleum and Mineral resources
  • www.petroleum.gov.eg
  • National Oil Company: Egyptian General Petroleum Corporation
  • www.egpc.com.eg
  • Oil and Gas Press
  • Gabon
  • Ministère du Pétrole, de l'Energie et des Ressources Hydrauliques
  • http://www.energie.gouv.ga
  • Oil and Gas Press
  • Ghana
  • Ministry of Energy
  • www.energymin.gov.gh
  • National Oil Company: Ghana National Petroleum Corporation
  • www.gnpcghana.com
  • Oil and Gas Press
  • Equatorial Guinea
  • Ministère des Mines, de l'Industrie et de L'energie
  • www.equatorialoil.com
  • National Oil Company:GEPetrol
  • www.guineaecuatorialpetrol.com
  • >Oil and Gas Press
  • Libya
  • National Oil Company: NOC
  • (National Oil Corporation)
  • www.noc.ly
  • Oil and Gas Press
  • Mauritania
  • Ministère du Pétrole, de l'Energie & des Mines
  • www.petrole.gov.mr
  • National Oil Company: SMH
  • (Société Mauritanienne des Hydrocarbures ) Oil and Gas Press
  • Namibia
  • National Oil Company: NAMCOR
  • (National Petroleum Corporation of Namibia)
  • www.namcor.com.na/
  • Oil and Gas Press
  • Niger
  • Ministère de l'Energie et du Pétrole
  • National Oil Company:SONIDEP
  • (Société Nigerienne des Produits Pétroliers)
  • www.sonidep.net
  • Oil and Gas Press
  • Nigeria
  • Ministry of Petroleum Resources
  • www.nigeria.gov.ng
  • National Oil Company: NNPC
  • (Nigerian National Petroleum Corporation)
  • www.nnpcgroup.com
  • Oil and Gas Press Sao Tome
  • Empresa Nacional De Combustiveis e Oleos
  • Island Oil Exploration
  • >Oil and Gas Press
  • South Africa
  • Department of Energy
  • www.energy.gov.za
  • National Oil Company: PetroSA
  • (Petroleum, Oil and Gas Corporation of South Africa)
  • www.petrosa.co.za
  • >Oil and Gas Press
  • Sudan
  • Ministry of Petroleum
  • National Oil Company: SUDAPET
  • (Sudan Petroleum Company)
  • www.sudapet.sd
  • >Oil and Gas Press Togo
  • BUREAU VERITAS TOGO
  • COTECNA INSPECTION S.A.
  • TOTAL TOGO S.A.(DISTRIBUTION)