Sibir has noted press reports over the weekend of a possible asset transaction with Royal Dutch Shell, Sibir's joint venture partner in Salym Petroleum Development ("SPD").
As SPD shareholders, Sibir and Shell maintain a close working relationship. Sibir is considering all opportunities that would allow it to expand its business in Russia. The Company noted that it discusses various opportunities with different companies on a regular basis and Shell is one of such companies.
If appropriate, further announcements will be made in due course.
Most Popular Articles
From the Career Center
Jobs that may interest you