NK Rosneft' OAO (ROSN.MM) Key Developments | Reuters.com
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NK Rosneft' OAO acquires oil field services from Weatherford International PLC

Monday, 14 Jul 2014 12:01am EDT 

NK Rosneft' OAO:Signs agreement with Weatherford International PLC for the acquisition of Rosneft land drilling and workover assets of Weatherford in Russia and Venezuela.The agreement envisages the acquisition of 8 companies (part of the Weatherford group) involved in drilling operations in Russia and Venezuela.The document also envisages the development of long-term cooperation in oil field services between Rosneft and Weatherford.The closing of the transaction is expected to close in the third quarter of 2014. 

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