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Gazprom Neft has used the iDeals™ Solutions service when signing a contract for the exploration of Dolginskoye oil field

November 25, 2014

The Gazprom Neft Company and a number of Vietnamese companies have signed contracts for establishing partnership in the sphere of mineral deposit mining, and, more specifically, have agreed on mutual cooperation for exploring and developing the Dolginskoye oil field on the continental shelf of the Pechora Sea.

For the process of selecting a partner and discussing the future partnership terms, the Gazprom Neft Company chose the iDeals™ Solution service – a Virtual Data Room (iDeals™ VDR). The iDeals™ VDR service ensured the necessary level of security and reliability at the stage of analyzing information and discussing the contract terms between the parties.

Dolginskoye oil field, discovered in 1999, is located in the middle of the Pechora Sea, 120 km south of the Novaya Zemlya Archipelago and 110 km north of the Eurasian mainland. The sea depth at the oil field area is 35-50 m. The recoverable reserves are estimated at over 200 million tons of oil equivalent.

iDeals™ Solutions has been a provider of secure document management services to the investment, legal and life sciences sectors since 2008. Our flagship product is iDeals™ VDR, a next-generation application that is utilized by companies and leading advisors in over 30 countries around the world.

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