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13

Gazprom Neft thinks about selling some of its oilfields services to ensure its future development

Gazprom Neft has started to examine various options for the development of the Company’s oilfield service business, the company reported in a news release.

 

Gazprom Neft has started to examine various options for the development of the Company’s oilfield service business, the company reported in a news release. The process may result in either a partial or full sale of entities affiliated to Gazpromneft-Nefteservis. As an alternative, the company is considering the possibility of its oilfield service assets going public via an IPO. The review process is expected to be completed during the course of this year. Deutsche Bank acts as an exclusive advisor for the potential options.

 

Source : Gazprom Neft