Rosneft and Trafigura - UCP Investment Group Complete Acquisition of Essar Oil

Rosneft, the world’s largest publicly traded petroleum company, has closed the transaction to acquire 49 percent of shares of Essar Oil Limited (EOL). Simultaneously, an investment consortium comprising Trafigura and UCP also closed the acquisition of an additional 49 percent share of EOL.


A short introduction to Rosneft


A short introduction to Trafigura

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Rosneft is the leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company. It is the world’s largest holder of hydrocarbon reserves and the world’s largest producer of hydrocarbon liquids among public oil and gas companies.

The global energy company has major assets located in Russia and a diversified portfolio in promising regions of international oil and gas sector, including Venezuela, Cuba, Canada, the USA, Brazil, Norway, Germany, Italy, Mongolia, Kyrgyzstan, China, Vietnam, Myanmar, Turkmenistan, Georgia, Armenia, Belarus, Ukraine, UAE, Egypt, Mozambique, Iraq and Indonesia.

Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world.

Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world.

The Company is owned by around 600 of its 4,100 employees who work in offices in 36 countries around the world, and has achieved substantial growth over the last ten years, growing turnover from USD12 billion in 2003 to USD 98.1 billion in 2016.

UCP Investment Group is an independent, private investment group established in 2006 to manage the assets of its partners and co-investors.

UCP invests in high-potential private companies and in liquid securities traded on domestic and international markets.

UCP has a successful investment track record in the following industries: FMCG and retail, financial infrastructure and services, internet technologies, high-tech materials production, heavy machinery, oil & gas and petrochemicals.