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Head of HR

If you can contribute to the above by heading the HR activities of DONG Energy – Exploration & Production you could be the person we are looking for - and we have a great deal to offer:

DONG Energy
Navigation Supervisor / Instrument Supervisor

All positions advertised require individuals who are focused on quality and efficiency, committed to QHSE, and have an excellent command of oral and written English.

The Fugro Group
Sales Manager

All positions advertised require individuals who are focused on quality and efficiency, committed to QHSE, and have an excellent command of oral and written English.

The Fugro Group
Opportunities in Energy consulting

Our consultants support the top management of the worlds leading energy companies on strategic, operational, and technological challenges.

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Senior Commissioning Engineer Utilities & Offsites - 103432
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New Articles

Thursday, 21 August, 2008, 18:50 GMT | more prices >>

Russneft confirms sale talks

By Upstream staff

The owners of Russian oil firm Russneft confirmed have confirmed they are in talks to sell the company and are close to reaching a deal with billionaire Oleg Deripaska.

"The owners of Russneft have transferred control in the company to a number of investment structures, which were holding talks with a number of contenders," president of BIN bank Mikhail Shishkhanov said through a spokesman.

"We would be happy if Basel becomes the new owner," said Shishkhanov, referring to Deripaska's investment vehicle

Shishkhanov is a business partner of Mikhail Gutseriyev, the founder of Russneft and BIN.

Basel confirmed on Friday it had filed for permission with Russia's antimonopoly agency to buy control in Russneft.

Russneft had previously denied its shareholders were planning to sell out.

Sources close to the talks have said Deripaska would pay around $6.5 billion for Russneft, including $3 billion cash and assuming the company's heavy debt, Reuters said.

Gutseriyev, whose personal fortune is valued at $3 billion by Forbes magazine, will also step down as Russneft's president this week, the sources said.

Deripaska, Russia's second-richest man, is seen a close ally of President Vladimir Putin, but market players have suggested there could be other contenders to buy Russneft, including state-controlled oil major Rosneft.

Russneft has two refineries and recoverable oil reserves of around 4.6 billion barrels.