Analyst Research

Report Title Price
Provider: ValuEngine, Inc.
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Reuters Investment Profile
$20.00
Provider: Investcafe
$23.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Novatek OAO's and Gazprom neft' OAO's 50/50 Joint Venture Yamal Development to Acquire 60% Stake in Artic Russia B.V. from Eni SpA


Wednesday, 20 Nov 2013 06:00am EST 

Novatek OAO announced that Yamal Development, a 50/50 joint venture between Novatek OAO and Gazprom neft' OAO, signed a binding agreement with the Italian energy company, Eni SpA on acquiring a 60% equity stake in Artic Russia B.V., which owns 49% of the SeverEnergia joint venture. The value of the transaction is USD 2,940 million. The transaction is subject to receipt of necessary approvals. Following completion of the transaction, the effective share of Yamal Development in SeverEnergia will increase to 80.4%. 

Company Quote

156.4
-0.5 -0.32%
10:49am EST