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Gazprom Neft Takes Over Blacklisted Company

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Russian oil producer Gazprom Neft has taken control of an oil-field services (OFS) company, Rusgazbureniye, which was earlier blacklisted by the US. Rusgazbureniye was a major contractor for Gazprom Neft's parent company, state-run gas giant Gazprom.

Topics:
M&A, Sanctions
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