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7 Pages

CNPC acquires a 49% interest in the Taas-Yuryakh project after agreeing JV with Rosneft


CNPC acquires a 49% interest in the Taas-Yuryakh project after agreeing JV with Rosneft

Report summary

********* UPDATE: 18 NOVEMBER 2014 *****************************************************************It was announced that this deal would not proceed as no price agreement could be reached. We have removed this deal from the M&A Database. This Deal Insight remains otherwise unchanged.************************************************************************************************************** On 18 October 2013, Rosneft announced that it was selling a 49% stake in Taas-Yuryakh to CNPC ...

What's included?

This report includes 1 file(s)

  • CNPC acquires a 49% interest in the Taas-Yuryakh project after agreeing JV with Rosneft PDF - 371.37 KB 7 Pages, 3 Tables, 3 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Deal Insight report provides an in-depth analysis of this deal. You will also find information about upstream assets and the strategic rationale behind the deal.

For investors and businesses, this deal insight report provides an understanding of the effect this deal will have on the market, including oil and gas pricing and assumptions. Use it to keep up to date with deal announcements, gain expert insights and analyse potential developments that might affect your strategy.

Wood Mackenzie goes beyond company-reported data and announcements to give you an independent and informed view. Our unique valuation metrics are underpinned by our deep understanding of upstream assets and companies. We help you objectively benchmark and evaluate asset and corporate deals so you can compare deal economics around the world.

  • Executive summary
  • Transaction details
    • Rosneft-China cooperation
      • Current joint ventures
      • Historical oil supply agreements
    • 2013 - the breakthrough year
      • The Arctic
      • Oil sales
    • History of ownership
    • The asset
    • Future cooperation
  • Oil & gas pricing and assumptions

In this report there are 6 tables or charts, including:

  • Executive summary
  • Transaction details
    • Rosneft and CNPC's areas of cooperation and ALROSA's former assets
    • Rosneft's supply deals with CNPC and Sinopec
    • Transaction details: Table 1
    • Transaction details: Table 2
    • October's Taas-Yuryakh M&A deals
  • Oil & gas pricing and assumptions
    • Oil & gas pricing and assumptions: Table 1
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