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Gydan Energy

Company

Mining
Since 2008
Russia



Owners:
Gazprom neft - 100%

Content

Owners

+ Rosneft of the Tax Code

History

2022: Sale of Shell's stake in Gazprom Neft joint venture

As it became known on May 23, 2022, Shell sold Gazprom Neft its stake in their joint venture (JV). We are talking about the Gydan Energy company, which was engaged in the study and development of the Leskinsky and Pukhutsyakhsky license areas on the Gydan Peninsula. The financial and other parameters of the transaction are not specified.

According to TASS, citing data from the Unified State Register of Legal Entities, 100% of Gydan Energy from May 19, 2022 Gazprom Neft. Initially, the joint venture was managed by Gazprom Neft and Shell on a parity basis. The holdings combined their resources and competencies to develop a promising cluster in the northeast of the Gydan Peninsula in the Yamalo-Nenets Autonomous Okrug.

Shell sold Gazprom Neft its stake in their joint venture

The portfolio of assets of the former joint venture includes Leskinsky and Pukhutsyakhsky plots. They are little studied and are located at a distance from transport and oil and gas infrastructure.

The Leskinsky site is located in the Krasnoyarsk Territory, its resources, according to experts, can exceed 100 million tons of oil equivalent. Adjacent to the Leskinsky Pukhutsyakhsky site is located in the Tazovsky district of the Yamalo-Nenets Autonomous Okrug, its resources are estimated at 35 million tons of oil equivalent. Proven reserves will be known from exploratory drilling. By May 23, 2022, 2D seismic exploration was completed in both sections.

Shell at the end of February 2022 announced that it would withdraw from joint ventures with Gazprom and Gazprom Neft, including Sakhalin-2, Yenisei and Salym Petroleum, and also stop participating in the Nord Stream 2 project.

Later, the company announced that it would close all its gas stations in Russia and stop the production of lubricants. He buys these assets. Lukoil[1]

Notes