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PAO Novatek

Company Summary

Description

OJSC "NOVATEK" is Russia's largest independent natural gas producer. The company is engaged in the exploration, production, refining and marketing of natural gas and liquid hydrocarbons and has twenty years of experience in the Russian oil and gas industry.

Website

http://www.novatek.ru

Operational Regions

  • International

Financial Data:


Tickers:

  • NVTK - London Stock Exchange Group

Related Entities

Recent news

  • 4/2/2024 - Arctic LNG 2 Production... (subscriber access)
  • 1/22/2024 - Novatek Suspends... (subscriber access)
  • 9/7/2023 - Russia Nearly Finished... (subscriber access)
  • 6/14/2023 - Novatek Develops Arctic... (subscriber access)
  • 4/13/2023 - Russia Approves... (subscriber access)

Company Transactions

Date: 4/13/2023
Type: Acquisition

BUYERS:
  • PAO Novatek
    • SELLERS:
  • Shell plc.
    • ASSETS:
  • Sakhalin-2 LNG Terminal
    • DETAILS:

    COST: 1.16 $B

    NOTES:
    The Russian government has cleared Novatek's acquisition of a 27.5% stake in the Sakhalin-2 energy project from Shell for $1.16 billion, with President Putin signing off on the transfer of funds to Shell.
    REGIONS:
  • Russia

    • Date: 8/29/2021
    Type: Acquisition

    BUYERS:
  • TotalEnergies
    • SELLERS:
  • PAO Novatek
  • Arctic Transshipment LLC
    • DETAILS:
    NOTES:
    Novatek has signed a heads of agreement with Total to sell a 10% stake in Arctic Transshipment LLC, which is a Novatek subsidiary which will run two LNG transshipment complexes in the Kamchatka and Murmansk regions of Russia.
    REGIONS:
  • Russia

    • Date: 6/30/2019
    Type: Acquisition

    BUYERS:
  • CNOOC Ltd.
    • SELLERS:
  • PAO Novatek
    • PROJECTS:
  • Arctic LNG 2
    • DETAILS:
    NOTES:
    CNOOC is acquiring a 10% equity stake in Arctic LNG 2
    REGIONS:
  • Russia

    • Date: 3/31/2019
    Type: Acquisition

    BUYERS:
  • TotalEnergies
    • SELLERS:
  • PAO Novatek
    • PROJECTS:
  • Arctic LNG 2
    • DETAILS:
    NOTES:
    Total has entered into a deal with Novatek to acquire an additional 10% stake in the Arctic LNG 2 Project
    REGIONS:
  • Russia

    • Date:
    Type: Acquisition

    BUYERS:
  • Mitsui & Co Ltd
  • JOGMEC
    • SELLERS:
  • PAO Novatek
    • PROJECTS:
  • Arctic LNG 2
    • DETAILS:

    VOLUMES: 10 Percent

    NOTES:
    Novatek PAO has agreed to sell a 10% stake in Arctic LNG-2 to a joint venture comprised of JOGMEC and Mitsui.