Press releases

OOO LUKOIL-West Siberia (a wholly-owned OAO LUKOIL subsidiary) has won the bidding for the use of a subsoil site of federal importance, including the Imilorskoye+West Imilorskoye and Istochnoye fields located in Khanty-Mansi Autonomous District -Yugra.

Ravil Maganov, LUKOIL First Executive Vice President, and Aleksandr Dzhaparidze, CEO of EURASIA DRILLING COMPANY Ltd. (EDC), signed a Memorandum of Understanding between the companies.

The outcomes of the Extraordinary General Shareholders Meeting of OAO "LUKOIL" that took place in the form of absentee voting on 18 December of 2012, have been summarized today in compliance with the legislation of the Russian Federation.

President Vagit Alekperov and Vice-president Leonid Fedun of OAO LUKOIL made significant acquisitions in Company stock in the amount of 2,100,175 shares and 1,900,120 shares at market price, which amounted to USD 136.4 million and USD 123.8 million, respectively.

Baku started assembly of a transport and installation barge (TIB) for the construction of offshore platforms at Vladimir Filanovsky field, whose active field facility development will be launched by LUKOIL in 2013.

LUKOIL Mid-East Ltd. (an ОАО LUKOIL operating company) signed Cooperation Agreements with the administrations of three districts within Iraq’s Basra Porvince, Medina, Al-Qurna and Iz Itdin Salim, on whose territory the West Qurna-2 field is located.

Anatoly Moskalenko, OAO LUKOIL Vice President for Human Resources Management and Corporate Structure Development, and Guy Ryder, General Director of the International Labor Office, signed a Cooperation Agreement between the Company and the International Labor Organization (ILO), in Moscow today.

The OAO LUKOIL Board of Directors approved today the key indicators of the LUKOIL Group 2013-2015 Mid-Term Plan.