Russia and the region are endowed with one of the world’s most diverse and rich reserves of natural resources. Baring Vostok funds have actively invested in energy and forestry companies starting from the early privatisation projects of the 1990s, and later with the establishment of Burren Energy, an international oil company with assets in the Caspian region, in Africa, India and the Middle East. Since 1994, The funds have invested in a total of 18 projects related to natural resources, with total investments approximately $450 million .
Burren Energy

Burren Energy

Oil company with primary production in Turkmenistan and Congo. Currently a part of ENI Group. Fully exited in 2008
Location:
Turkmenistan, Congo
Years:
1995-2008
Shareholding:
Large minority stake
Control in consortium
Exit:
IPO at LSE, Sale to a strategic investor

In January 2008, Burren Energy was purchased by Eni, Italy’s largest oil company.

Burren Energy started out as an oil transporter, using rented tankers in the Volga-Caspian and the Black Sea basins. Baring Vostok’s funds were one of the first investors in the company.

Other projects

News

21 May 2019

Media Statement.

BVCP statement on the decision to deny Philippe Delpal’s appeal regarding the form of pre-trial detention.
17 May 2019

Media Statement.

BVCP statement on ruling by Amur Court of Arbitration.
06 May 2019

Media Statement.

BVCP statement regarding court refusal to change form of detention for Michael Calvey.
29 April 2019

Media Statement.

BVCP statement concerning the rejection of appeal against prolongation of the pre-trial detention.
11 April 2019

Media Statement.

Baring Vostok welcomes the decision to release Michael Calvey to house arrest.
10 April 2019

Media Statement.

BVCP statement regarding pre-trial detention of Ivan Zyuzin, Vagan Abgaryan and Maxim Vladimirov.
10 April 2019

Media Statement.

Baring Vostok welcomes the applications made by the Investigative Committee for Michael Calvey and Alexey Kordichev to be transferred to house arrest, and hopes that the court will give due consideration to the applications.