Thursday, May 20, 2010

Gazprom Neft IPO

Gazprom Neft announced today that it is considering various options for the development of oilfield services business units. In particular, the company contemplates an initial public offering (IPO) or sale of shares Gazpromneft-Nefteservice. "

The process the company plans to complete within a year. Exclusive advisor on the potential transaction is Deutsche Bank.

Oil service unit of Gazprom Neft is a management company (Gazpromneft-Nefteservice ") and nine subsidiaries. Together they offer a wide range of specialized services in the field of drilling, overhaul and maintenance of wells, Geophysics, cementing, transport services, as well as repair services and maintenance of drilling and ancillary equipment, nasosnokompressornyh and casing.

The activities of enterprises Gazpromneft-Oilfield "concentrated in key oil-producing regions of Russia: Yamalo-Nenets and Khanty-Mansi Autonomous Areas, Tomsk and Omsk regions, Yakutia and Krasnoyarsk.

Nat Lawyer
Unel Legal Consulting
www.unellegal.com

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