Market & Company Research Store > Details

Year: 2012

Contents: 6 pages

Country: Iraq

Sector: Exploration and Production (Energy)

Bashneft Plans to Bid for Oil Field Licenses in Iraq - Move to Bridge Gap Between its Oil Production and its Refining Capacity - Deal Analysis from GlobalData

Summary

OAO ANK Bashneft (Bashneft), a Russian integrated oil company, intends to make a joint bid to acquire oil field licenses in Iraq's fourth licensing round. In connection with the transaction, Bashneft intends to form a consortium with Premier Oil plc (Premier Oil), and Vietnam Oil and Gas Group (Petrovietnam).

Scope

- Rationale behind Bashneft entering into talks with Premier oil and Petrovietnam for acquiring oil licenses in Iraq
- Stratigic benefits for the companies involved in the transaction
- Geography covered - Iraq

Reasons to buy

- Develop a sound understanding of the major M&A's, Partnerships, and Joint Ventures taking place in oil and gas in Iraq.
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