Gazprom Neft to buy unit of Malka for $118 million

摘要

London-Russian oil major Gazprom Neft has agreed to buy STS-Service, the Russian oil subsidiary of Swedish company Malka Oil, for SKr820 million ($118 million), the companies said December 1. The deal will be converted into a sale and purchase agreement to be executed by the parties before an extraordinary shareholders' meeting of Malka Oil on December 17.