The sale includes Shell’s stakes in the venture in Western Siberia, in addition to other associated interests.
Effective 3 March 2023, Gazprom Neft subsidiary GPN-Middle East Projects owns a 50% stake in Salym Petroleum Development, reported TASS news agency, citing the Unified State Register of Legal Entities.
OOO GPN-Salym Projects, a subsidiary of Gazprom Neft, owns the remaining 50% stake.
In February 2023, Gazprom Neft secured a permit from President Vladimir Putin to acquire Shell’s stakes in the Salym Petroleum and Khanty Mansi Oil and Gas Union projects, reported Interfax.
Salym Petroleum Development is developing the Salym group of fields in the Khanty Mansi Autonomous District.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
These fields include Zapadno-Salymskoye, Verkhnesalymskoye, Vadelypskoye, Yuzhno-Yamskoye, Vostochno-Shapkinskoye, and Salymsky-2.
In a separate announcement, Shell and its partners QatarEnergy and Namcor made an oil discovery in the Orange Basin offshore southern Namibia, following the drilling of the Jonker-1X exploration well.
After drilling to a total depth of 6,168m using the Deepsea Bollsta semi-sub rig, the deepwater exploration well intersected a reservoir with light oil.
Shell Namibia country chair Dennis Zekveld said: “We are encouraged by a further deep-water discovery, our third in Namibia, and pleased to confirm the safe conclusion of the well.
“Jonker again demonstrated the joint venture’s strong commitment to advancing oil and gas exploration in Namibia and to progressing follow-up opportunities after last year’s discoveries.”