Amerada Hess to buy stake in Russian firm

By OGJ editors
HOUSTON, Mar. 24 -- Amerada Hess Corp. agreed to pay $25 million for a 65% interest in Trabant Holdings International, which owns 100% of ZAO Samara-Nafta, an exploration and production company in Russia's Volga-Urals region.

Samara-Nafta produces 7,500 b/d of crude oil from fields in the Mamurinsky license in the southern Samara region.

Simon Kukes, former CEO of Tyumen Oil Co. and OAO Yukos, is the CEO of Samara-Nafta.

Related Articles

Talisman buys interest in Texaco North Sea fields

05/03/2000 Talisman Energy Inc. said Tuesday that its Talisman Energy (UK) Ltd. subsidiary is acquiring from Texaco Inc. interests in the Tartan field and rel...

Finance/Companies news briefs, July 21

07/21/2000 Ramco Energy ... Amerada Hess ... Ranger Oil ... Canadian Natural Resources ... Remington Oil & Gas ... Mustang Engineering ... John Wood Group ......

DOE determines bid winners for home heating oil reserve capacity

08/18/2000 The US Department of Energy said Friday three firms have submitted winning bids to provide storage for a 2 million bbl home heating oil reserve in ...

Market watch, Aug. 22

08/22/2000 Natural gas futures hit a record high Monday on the New York Mercantile Exchange as Tropical Storm Debby reached hurricane force as it raced toward...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected