Repsol and Alliance Oil complete the first phase of their exploration and production joint venture in Russia

Press Release 17/08/2012 20:27
  • Alliance Oil Company has transferred its upstream company Saneco to the joint venture with Repsol. 
  • Repsol contributed $37 million in cash to the joint venture and paid $36 million in cash to Alliance Oil.
  • Alliance Oil holds a 51% stake and Repsol has a 49% stake in the joint venture.

17 August 2012 - 00:00 CEST | PDF | 133.07 KB