Major international energy companies are reportedly evaluating various global assets. Russian producer Lukoil owns these assets. ExxonMobil, Chevron, and ADNOC, alongside investment firm Carlyle, are among the interested parties. Lukoil’s accelerated divestment effort is underway. New U.S. sanctions, effective in December, drive this move.
Companies Assess Portfolio
ExxonMobil is reportedly examining parts of Lukoil’s international portfolio. Chevron, another major energy company, also participates in this assessment. Abu Dhabi National Oil Company (ADNOC) shows similar interest. Investment firm Carlyle Group also evaluates these holdings.
Sanctions Prompt Divestment
U.S. sanctions begin in December. These sanctions accelerate Lukoil’s efforts to divest global assets. Consequently, the Russian producer is actively seeking buyers. The company aims to complete sales before the deadline.
Key Assets Under Review
Buyers are considering Lukoil’s stakes in Iraq’s West Qurna 2 field. This significant asset forms part of the evaluation. Operations in Uzbekistan also feature prominently in the portfolio. These international holdings attract significant attention.
Uzbekistan Operations
Lukoil maintains operations within Uzbekistan. These assets are now part of the potential divestment. Buyers are assessing their value and strategic fit. The sale could reshape Lukoil’s regional presence.
Iraq’s West Qurna 2 Field
Lukoil holds stakes in Iraq’s West Qurna 2 field. This field is a major oil production site. Its inclusion in the divestment package draws considerable interest. Potential acquirers are reviewing this key asset.
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