Morgan Lewis advised Norway's Statoil on the negotiation of shareholding and operation agreements for four Russian continental shelf field exploration JVs with Rosneft.

KazMunaiGas Exploration Production JSC (KMG EP), one of Kazakhstan's leading oil companies, has announced the signing of a Share Purchase Agreement to sell a 49% equity stake in the Karpovskiy Severniy project to MOL Hungarian Oil and Gas plc (MOL), one of Central and Eastern Europe's key integrated energy businesses.