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Announced

BP acquired a 49% stake in Kharampurneftegaz from Rosneft.

Synopsis

BP acquired a 49% stake in Kharampurneftegaz, which was formed by Rosneft to further develop the Kharampurskoye oil, gas and condensate field and the Festivalnoye oil, gas and condensate field in North-West Siberia. Financial terms were not disclosed.

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