Quantum and Chevron Team Up for $22 Billion Lukoil Asset Bid
Quantum Energy Partners and Chevron are collaborating on a $22 billion bid for Lukoil's international assets. The deal, if successful, would be one of the largest since sanctions on Russia.
Insights:
Quantum Energy Partners, through its newly established upstream acquisition unit Artemis Energy, is partnering with U.S. oil major Chevron Corporation in a bid to acquire the international assets of Lukoil PJSC , valued at approximately $22 billion. This potential acquisition marks a significant development in the energy sector, representing one of the largest transactions since Western sanctions were imposed on Russia 
RUfollowing its invasion of Ukraine 
UA.
RUfollowing its invasion of Ukraine UA.
