Sibneft Company News

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Moving into Russian Upstream, Eni Acquires Yukos Assets for $5.83B
Eni S.p.A. on Wednesday announced that EniNeftegaz (60% Eni, 40% Enel S.p.A.) has successfully acquired Lot 2 in the Yukos liquidation procedure for a total price of 151.536 billion rubles ($5.83 billion).
8:00 PM EST | April 03, 2007
Sibneft Names New Vice President for Production
Sibneft named Reval Mukhametzyanov as the company's new vice president for production.
7:00 PM EST | February 01, 2006
Sibneft Wins Auction for Elleisky Block in Tomsk Region
Sibneft-Vostok LLC, a production subsidiary of Sibneft, won a natural resources auction for the Elleisky block in Tomsk region.
7:00 PM EST | December 20, 2005
Sibneft Acquires Stake in Lopukhovsky Offshore Block
Sibneft has completed the acquisition of a 75% interest in TNK-Sakhalin LLC, which holds a license for geological exploration of the Lopukhovsky offshore block near Sakhalin Island in Russia's Far East.
7:00 PM EST | December 20, 2005
Sibneft Names New General Director of Noyabrskneftegas
Sibneft named Sergey Rusakov as the new general director of its main production subsidiary, Sibneft-Noyabrskneftegas.
7:00 PM EST | November 10, 2005
Sibneft Acquisition By Gazprom Completed
Millhouse Capital has completed the sale of a 72.66% stake in Sibneft to OAO Gazprom. The shares previously controlled by Millhouse are currently held by Gazprom Finance BV.
8:00 PM EST | October 20, 2005
Sibneft Chief Engineer Elected to SPE Board of Directors
Sibneft chief engineer Iskander Diyashev has been elected as director-at-large of the Society of Petroleum Engineers (SPE).
8:00 PM EST | October 10, 2005
Sibneft Acquires East Siberian Gas Field
Sibneft has won an open subsurface resource auction for the Khotogo-Murbaiskiy block in Russia's Republic of Sakha (Yakutia). The Khotogo-Murbaiskiy block is a natural gas deposit with recoverable reserves (categories C1+C2) of 10.6 billion cubic meters (375 billion cubic feet).
8:00 PM EST | September 28, 2005
Sibneft Establishes New Production Subsidiary
Sibneft has initiated the formation of a new subsidiary to manage oil and gas projects in Russia's Omsk and Tomsk regions in a move designed to optimize the company's production management structure.
8:00 PM EST | August 15, 2005
Sibneft Begins Offshore Seismic Work in Chukotka's Anadyr Bay
Sibneft has begun carrying out geophysical exploration work on the Tumanskiy license block, located in the Anadyr Bay section of the Bering Sea.
8:00 PM EST | July 18, 2005
Sibneft Acquires Second Field in Eastern Siberia
Sibneft has won an open subsurface resource auction for the Tympuchikanskiy block in Russia’s Republic of Sakha (Yakutia).
8:00 PM EST | June 30, 2005
Sibneft Replaced Production, Boosted Reserves in 2004
Sibneft's proved oil and gas reserves as of January 1, 2005 rose to 4.827 billion barrels of oil equivalent from 4.779 billion barrels a year earlier, according to an audit conducted by independent US auditing firm Miller & Lents to specifications set by the Society of Petroleum Engineers,
8:00 PM EST | June 06, 2005
Sibneft Acquires Two New Fields, Moves into Eastern Siberia
Sibneft continued to expand its resource base and moved into new exploration territory today, winning two open subsurface resource auctions.
8:00 PM EST | May 04, 2005
Sibneft Expands Position in Khanty-Mansiisk
Sibneft has won an open auction for the rights to develop the Salymskiy-5 block in the Khanty-Mansiisk Autonomous District of western Siberia.
8:00 PM EST | April 06, 2005
Sibneft Wins Licenses in Khanty-Mansiisk Region
Sibneft has won an open auction for the rights to develop the Salymskiy-2 and Salymskiy-3 blocks in the Khanty-Mansiisk Autonomous District of western Siberia.
7:00 PM EST | March 27, 2005
Sibneft Reaches One Million Ton Mark at Krapivinskoye Field
Sibneft has produced over one million tons (7.4 million barrels) of crude oil from the Krapivinskoye field in Siberia's Omsk region since bringing the field on-stream nearly three years ago.
7:00 PM EST | March 16, 2005
Sibneft Acquires Three New Fields in Western Siberia
Sibneft has won an auction for hydrocarbons exploration and production rights for three blocks in the Yamal-Nenets Autonomous District in Western Siberia.
7:00 PM EST | December 16, 2004
Centrilift Opens First Repair Center in Russia
A repair center for electrical submersible pump (ESP) systems has opened in the town of Muravlenko in Russia's Yamal-Nenets Autonomous District as part of the ongoing strategic partnership between Sibneft and Centrilift.
8:00 PM EST | August 08, 2004
Sibneft's Net Income Soars in 2003
Sibneft released consolidated U.S. GAAP financial results for full-year 2003, highlighted by a 96% increase in net income to $2.278 billion from $1.161 billion the previous year.
8:00 PM EST | July 18, 2004
Sibneft Replaced Reserves in 2003
Sibneft's proved oil and gas reserves grew to 4.779 billion barrels of oil equivalent on January 1, 2004 from 4.718 billion b.o.e. the previous year, according to a reserve audit recently completed by U.S. firm Miller & Lents.
8:00 PM EST | July 15, 2004
Sibneft Names New Head of Corporate Finance
Sibneft announced the appointment of Olga Pokrovskaya as the company's Head of Corporate Finance.
8:00 PM EST | June 30, 2004
Putin's Govt OK with Total's Acquisition of Sibneft Stake
Putin's government has no objection to Total's bid to purchase a 25 percent stake in Russian oil major Sibneft.
8:00 PM EST | April 27, 2004
Sibneft Expands Oil Production to Tomsk Region
Sibneft has increased its equity interests in two enterprises, ZAO Archinskoe and OOO Shinginskoe, from 20% to 100%.
8:00 PM EST | April 21, 2004
YUKOS to Pursue All Legal Options
The extraordinary shareholders meeting of Sibneft that YUKOS had requested to call on March 28 was declared invalid by the organizers due to the lack of quorum.
7:00 PM EST | March 28, 2004
Sibneft and Yukos Finalize Merger Transaction
The principal shareholders of OAO Sibneft and Yukos Oil Company have finalized the previously announced transaction creating YukosSibneft Oil Company, Russia's largest oil and gas group.
8:00 PM EST | October 02, 2003
Sibneft Awards Major Contract to Fugro-Jason
Sibneft-Noyabryskneftgas OAO has awarded Fugro-Jason a multi-million dollar contract to perform an integrated field study on the Vyngayakinskoe field in Siberia.
8:00 PM EST | October 02, 2003
Yukos Acquires Stake in Sibneft
Yukos has acquired a 20% stake, less 1 share, in OAO Sibneft.
8:00 PM EST | September 03, 2003
ChevronTexaco Consortium to Bid on Kuwait Oil Project
ChevronTexaco has submitted a proposal to Kuwait Petroleum Corp. for a five-member consortium to increase production from the country's northern oil fields.
8:00 PM EST | July 22, 2003
Sibneft & Yukos Reach Agreement for Creation of YukosSibneft
The principal shareholders of OAO Sibneft and YUKOS Oil Company have signed definitive agreements for the creation of YukoSibneft.
8:00 PM EST | May 13, 2003
Sibneft Completes Sale of ONACO Assets to TNK
Sibneft has completed the sale of its 38% stake in Orenburgneft and 1% interest in ONACO to TNK for $825 million.
8:00 PM EST | May 12, 2003
Yukos and Sibneft Agree in Principle to Merge
Yukos and Sibneft core shareholders announced that they have agreed in principle to combine the two businesses in the largest-ever industrial transaction in Russia.
8:00 PM EST | April 21, 2003