September 5, 2018 / 11:44 AM / 20 days ago

UAE's Mubadala completes oilfields acquisition deal in Russia

MOSCOW, Sept 5 (Reuters) - Abu Dhabi’s state-owned Mubadala fund has completed a deal on investment in oil production in Russia’s western Siberia, the Russian Direct Investment Fund, a partner in the deal, said in a statement on Wednesday.

Mubadala Petroleum has bought a 44 percent stake in Gazprom Neft-Vostok LLC, the operator of 13 oilfields, from Gazprom Neft . RDIF has acquired 5 percent in the company. (Reporting by Vladimir Soldatkin; Editing by Polina Ivanova)

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