US EditionChevron and Quantum Prepare $22 Billion Bid for Lukoil Assets
Chevron and Quantum Energy Partners bid $22 billion for Lukoil’s non-Russian assets including refineries and 2,000 fuel stations across Europe, Asia, and the Middle East.
- Chevron and private equity firm Quantum Energy Partners are teaming up to bid for Russian oil company Lukoil's international assets valued at $22 billion.
- If successful, Chevron and Quantum would divide the assets between them and commit to long-term ownership and operation.
- The US government suspended some sanctions against Lukoil to allow negotiations for the sale of its international assets.
49 Articles
49 Articles
InsideNoVA.com
US oil giant Chevron interested in Russian Lukoil's foreign assets: report
US oil giant Chevron and private equity firm Quantum Capital Group have partnered on a bid for sanctioned Russian oil company Lukoil's international assets, valued at $22 billion, the Financial Times reported Wednesday.
The US energy companies Chevron and Quantum Capital Group are preparing an offer of $22 billion (20.3 billion) for the purchase of the international assets of the Russian group Lukoil, affected by sanctions, announced financial Times Wednesday.
US oil giant Chevron and investment firm Quantum Energy Partners are preparing a joint bid to take over the foreign assets of Russian oil company Lukoil, the Financial Times (FT) reported today, citing sources familiar with the situation.
According to the FT, the companies have until January 17th to negotiate the Lukoil deals.
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