Russian President Vladimir Putin on Monday signed a decree that gave Russian company BurService permission to buy Russian assets owned by energy solutions provider Aggreko, according to a document published on the Russian government portal.
Moscow has steadily tightened restrictions on foreign asset sales since the start of the conflict in Ukraine, with any transactions involving the energy and finance sectors requiring Putin's approval.
BurService and Aggreko did not immediately respond to requests for comment. The decree did not specify the value of the deal.
BurService was formed as a result of the departure from Russia by oilfield services company Halliburton in 2022.
Halliburton no longer conducts operations in Russia and BurService is an independent company.
