LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
Today, Vagit Alekperov, President of OAO LUKOIL, and Alexey Miller, Chairman of OAO Gazprom’s Management Committee, signed a gas supply agreement in Moscow, under which gas will be supplied from LUKOIL’s fields in the Bolshekhetskaya Depression, the Yamalo-Nenets Autonomous District and from the north of the Caspian Sea.
An exhibition titled “N.K. Baibakov. The Path of the Creator,” opened today with LUKOIL support at the State Central Museum of Contemporary History of Russia. It is dedicated to the 100th anniversary of Nikolay Konstantinovich Baibakov, a prominent public figure, who greatly contributed to the development of Russia’s oil industry.
A consortium, including LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) and Vanco International signed concession agreements with the National Agency for Mineral Resources of Romania yesterday. The agreements provide for exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea.
The OAO LUKOIL Board of Directors approved a Supplement Agreement to the Intragroup Loan Agreement between ОАО LUKOIL and LUKINTER FINANCE B.V., which provides for the loan increase of USD 7 billion up to USD 15 billion. The other essential conditions of the Loan Agreement shall remain unaltered.
OAO LUKOIL has completed an evaluation and independent audit of its oil and gas reserves as they stand on December 31, 2010.
The OAO LUKOIL press service announces that as of February 07, 2011 ConocoPhillips completed the sale of its remaining holding in LUKOIL by selling it in the open market.
LUKOIL AND RUSSIAN TECHNOLOGIES SIGN COOPERATION AGREEMENT
The OAO LUKOIL Press Service would like to call the attention of the business community to the fact that the information on a certain ООО LUKOIL-RESERVNEFTEPRODUCT website found on the Internet at http://www.lukoilreservnefte.ru may be misleading as to its affiliation with OAO LUKOIL.
The Board of Directors of OAO LUKOIL approved lists of candidates for election of the Board of Directors and the Audit Commission at the 2011 Annual General Shareholders Meeting.
The OAO LUKOIL Press Service would like to announce that Dzhevan Cheloyants has been relieved of his duties as Vice President and Head of the Main Technical Division of OAO LUKOIL.