Nobel Group is an independent oil and gas exploration and production company focusing on the hydrocarbon-rich Timan Pechora and West Siberia provinces of Russia.
Currently, we produce oil at the Yuzhno-Oshskoye and Osokinskoye fields in Timan Pechora, and we own several other assets in both Timan Pechora and West Siberia including a number of discovered fields in various stages of appraisal/development and exploration licenses. Our mix of producing fields and high-impact appraisal/exploration assets offers an attractive combination of robust cash flow and longer term value creation opportunities.
The strong management and operational team, headed by the founder, Mr. Grigory Gurevich, has an extensive expertise in unlocking the potential of Russia’s vast oil riches, including the giant Usinsk field.
Our high-quality reserves and strong operational track record over the years provides a strong foothold in Russia, one of the world’s largest and most stable oil producers. Since 2009, Nobel Holding’s shareholder base includes China Investment Corporation, one of the largest global investment institutions with over USD 200 billion under management, and Oriental Patron, a leading Hong Kong-based investment group.
Russian shareholders’ extensive and successful experience of operating in Russian oil and gas sector environment combined with corporate governance expertise and strategic financial guidance by Nobel’s international shareholders provides a winning combination of knowledge, skills and resources to ensure delivery of the Group’s strategic goals.