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Hess Corp to sell Russian unit to LUKOIL for $2.05 bln
April 1, 2013 / 2:41 PM / 5 years ago

Hess Corp to sell Russian unit to LUKOIL for $2.05 bln

April 1 (Reuters) - Hess Corp said it would sell its Russian unit to LUKOIL for $2.05 billion as it looks to reshape its sprawling energy business.

The unit, Samara-Nafta, is currently producing 50,000 barrels of oil equivalent per day in the Volga-Urals region of Russia, the company said.

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