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Dentons Advises Zyfra Group on Establishment of Joint Venture with Gazprom Neft

Dentons Advises Zyfra Group on Establishment of Joint Venture with Gazprom Neft

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Dentons’s St. Petersburg office has advised the Zyfra Group on its establishment of a joint venture with Gazprom Neft PJSC.

The Zyfra Group is a Russian developer of AI, Industrial Internet of Things solutions, and robotic mining equipment for heavy industry. The company’s main focus areas are machinery, mining, metals, oil & gas, and chemical sector.

According to Dentons, the goal of the joint venture is to focus on developing software for the extractive industry. According to the firm, the JV’s digital products "will be designed to centralize real-time control and create digital twins using artificial intelligence technologies.”

The Dentons team consisted of Partners Georgy Pchelintsev and Evgenia Teterevkova and Associate Viacheslav Gareev.

Dentons did not reply to an inquiry about the deal.

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