The new appointee as head of LUKOIL Overseas Holding is Sergey Nikiforov, previously the holding’s senior vice-president for development and production.

LUKOIL Overseas Holding, founded on 4 December 1997, manages LUKOIL’s international projects in the upstream. Today, the holding accounts for more than 10% of all hydrocarbons and for some 30% of all gas produced by the company.