UK prime minister signs formal Brexit letter to Brussels — official photoWorld March 29, 1:26
Some 20 Topol-M, Yars mobile ICBM systems take part in massive Central Russian drillsMilitary & Defense March 28, 23:10
Russia clinches last-minute 3-3 draw with Belgium in friendly football match in SochiSport March 28, 21:40
Washington-based National Symphony Orchestra members excited to perform in RussiaSociety & Culture March 28, 21:36
'Gentlefan' continues: 'Angels' greet Belgium football fans ahead of Sochi gameSport March 28, 21:12
Scottish parliament backs new referendum on independenceWorld March 28, 20:42
Russian strategic missile carriers to take part in military drills in TajikistanMilitary & Defense March 28, 20:10
Russia’s offshore energy projects in the ArcticBusiness & Economy March 28, 19:33
US chess chief: No plot to oust current FIDE head, but it ‘would be good for the game’Sport March 28, 18:27
MOSCOW, December 29. /TASS/. Russia’s Federal Antimonopoly Service (FAS) has granted Rosneft’s petition for the purchase of 100% of voting shares in Targin oil service company for 4.1 bln rubles ($68 mln), according to the documents released by FAS.
"The Federal Antimonopoly Service considered the petition filed by Rosneft oil company on acquisition of 100% of voting shares in Targin and made a positive decision regarding the petition," the report said.
On Monday, Rosneft said it had reached an agreement with Sistema Holding to acquire 100% of Targin for 4.1 bln rubles ($67.2 mln). The deal will increase the share of Rosneft’s in-house drilling services to 60% and to 40% in the area of well works, the company said.
According to Sistema, the sum of the deal may be adjusted on the results of due diligence of the asset.
Targin specializes in drilling, repair of wells, design, production and modernization of oilfield equipment, as well as transport and logistics services. The company operates in the major oil and gas regions of Russia, such as the Nenets Autonomous District, the Khanty-Mansi Autonomous District, Republic of Bashkortostan, Samara, Orenburg, Tomsk, Irkutsk and Tyumen regions.