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.
Oil company LUKOIL acquired a 56.25% interest in OOO SP Parmaneft from ZAO Intananeft.
LUKOIL Board of Directors meeting which considered a program to develop oil in Russian North has been held in Usinsk today.
The Russian Federal Property Fund has transferred ownership rights for 67,184,480 shares of LUKOIL to REFORMA INVESTMENT LIMITED which won a privatization tender with investment obligations.
The LUKOIL Board of Directors meeting to approve the Main Guidelines for Company Development in 2001-2005 has been held in Moscow today.
The board of directors and management board of oao LUKOIL worked out company's objectives and strategy for 2001 to 2010.
First Vice President of LUKOIL Ravil Maganov and Vice President of Fortum of Finland Knut Furuheim have signed a joint protocol of intent to develop mutually beneficial cooperation between LUKOIL and Fortum today.
Oil company LUKOIL completed the drilling of the first well on Khvalynskoye field of the Severny license area in the Caspian sea.The construction was performed using Astra jack-up rig.
The Board of Directors of LUKOIL OAO convened in Moscow on January 13 and discussed operating, financial and business performance in 1999 and outlined targets for the Company's performance in 2000.
Today the management board of LUKOIL OAO has made a decision on transfer of a 100% equity of LUKOIL Perm ZAO (LUKOIL owns a 50% interest) and a 100% equity of Vatoil OOO joint venture (LUKOIL owns a 54% interest) to an international petroleum company.
Andrei Kuziayev, Director General of LUKOIL Perm (a subsidiary of LUKOIL OAO), and Fred Miles, Partner of PricewaterhouseCoopers Audit, have signed a contract in Moscow today to create an integrated corporate management system at LUKOIL Perm.
