Search results for: fridman

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  • 28 May 2012
    Business & Finance

    Mikhail Fridman has submitted a letter of resignation to TNK-BP Ltd.’s Board of Directors, notifying his resignation from the position of Chief Executive Officer of the TNK-BP Group. Mikhail Fridman has also sent TNK-BP shareholders a letter of resignation from the position of Chairman of the Management Board of TNK-BP Management, a Russian subsidiary of […]

  • 17 March 2014

    Germany’s RWE Aktiengesellschaft and LetterOne Group have today agreed terms for the sale of RWE Dea AG for approximately 5.1 billion Euro (USD 7.1 billion)

  • 5 March 2015

    LetterOne group, run by the Russian billionaire Mihail Fridman, earlier this week bought RWE Dea, an oil and gas company based in Germany for 5.1 billion euros, from RWE group. The acquisition went ahead despite the UK objecting the move. The reason the UK is opposing the transaction is the fact that RWE Dea owns several […]

  • 12 October 2015

    Swiss company Ineos has agreed to acquire a portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel AG, which is part of the LetterOne Group, owned by the Russian billionaire Mikhail Fridman. Ineos will buy gas fields, including the Breagh and Clipper South fields in the Southern North […]

  • 11 April 2018

    LetterOne chairman Mikhail Fridman does not expect recent U.S. sanctions against Russian oligarchs will hamper his company’s oil deal with BASF.

  • 7 October 2015

    Russian billionaire Mikhail Fridman’s LetterOne fund has emerged as the frontrunner for the acquisition of German utility E.ON’s Norwegian North Sea assets, three industry and banking sources said on Tuesday.

  • 24 October 2011
    Business & Finance

    TNK-BP shareholders Alfa, Access, Renova (AAR) and BP have agreed a number of decisions regarding senior management roles at TNK-BP. It is expected that these decisions will be formally approved by the Board of Directors and implemented before the close of the current year. The decisions reflect the shared commitment of the joint-venture partners to […]

  • 22 August 2014

    Germany’s Economy Ministry has given a green light to the sale of RWE Dea to LetterOne group, headed by Russian billionaire Mikhail Fridman.

  • 11 July 2019

    Russia’s largest independent natural gas producer Novatek and JSC Atomenergomash signed a memorandum on strategic partnership and localizing the fabrication of critical equipment for LNG production.

  • 13 October 2015
    Business & Finance

    Sterling Resources, a Canadian-listed energy company with assets in the UK North Sea, has welcomed Ineos’ acquisition of the North Sea gas field from Russian billionaire Mikhail Fridman’s LetterOne group. The assets include an operated 70 percent interest in the producing Breagh field, of which Sterling holds the remaining 30 percent. The purchase by Ineos brings […]

  • 8 December 2017
    Business & Finance

    Russian billionaire Mikhail Fridman’s LetterOne and Germany’s BASF have signed a letter of intent to merge their oil and gas businesses into a joint venture named Wintershall DEA. The oil and gas business of BASF is bundled in the Wintershall Group consisting of Wintershall Holding GmbH and its subsidiaries, including the gas transportation business. The oil […]

  • 16 March 2015

    Russia’s Novatek, the operator of Yamal LNG project, said that its Board of Directors decided to increase the number of members of the Management Board from eight to nine.

  • 16 March 2015

    Russia’s Novatek, the operator of Yamal LNG project, said that its Board of Directors decided to increase the number of members of the Management Board from eight to nine.

  • 13 January 2016

    LONDON (Reuters) – UK-listed mid-sized oil producer Premier Oil <PMO.L> is buying German utility E.ON’s <EONGn.DE> oil and gas assets in the UK part of the North Sea, three banking and industry sources told Reuters on Wednesday. The sources did not disclose the exact size of the transaction but said it was in the area […]

  • 17 September 2012
    Equipment

    BASF and Yamal LNG OAO have concluded a license agreement on the use of BASF’s technology for the removal of carbon dioxide from natural gas. The use of the technology, marketed under BASF’s Oase® brand, is a prerequisite for the production of liquefied natural gas (LNG). A.M. Fridman, Deputy Chairman of Novatek OAO, said: “The […]

  • 21 March 2018

    Russian LNG export player Novatek received a federal patent for its natural gas liquefaction technology called Arctic Cascade.

  • 2 March 2015
    Business & Finance

    LetterOne, an investment company run by the Russian billionaire Mikhail Fridman, has hit a stumbling block potentially preventing the company to complete the previously announced agreement to acquire RWE Dea oil company. The two companies last year reached an agreement under which LetterOne, based in Luxembourg, would buy RWE Dea AG, an oil and gas business of Germany’s […]

  • 28 September 2018
    Exploration & Production

    Oil company DEA Norge has concluded the drilling of wildcat well 7321/4-1 in the Barents Sea off Norway. The well is dry. The well is located in production license 721 where DEA Norge is the operator. DEA received consent from the Norwegian offshore safety body to drill an exploration well in the Barents Sea using the […]

  • 21 October 2011
    Business & Finance

    TNK-BP announces that Deputy Chairman of TNK-BP Management Board Maxim Barskiy has decided to leave TNK-BP as of 1 November in order to carry on his professional career outside of the Company. Maxim Barskiy was appointed Deputy Chairman of the Management Board on June 1, 2010 and performed management of the Company through organizing the […]

  • 1 February 2019
    Project & Tenders

    Russia’s largest independent natural gas producer Novatek said its Arctic LNG 2 project signed a contract on compressor equipment for three liquefaction trains with Siemens.

  • 8 March 2015

      The most read article at Offshore Energy Today this past week was the one on BW Offshore recovering bodies of three Brazilian workers who went missing after an explosion on an FPSO in Brazil, on February 11, 2014. The final death toll from this incident stands at nine. The second most popular article of the […]

  • 1 December 2015
    Business & Finance

    Swiss company Ineos has completed the purchase of the UK North Sea natural gas assets of DEA Deutsche Erdoel AG, owned by L1 Energy which is in turn owned by the Russian billionaire Mikhail Fridman. Ineos agreed to buy DEA’s North Sea assets in October 2015. The transaction includes interests in the Breagh and Clipper South […]