Statoil signs cooperation agreement with Rosneft; Arctic and onshore
Green Car Congress
MAY 5, 2012
Statoil and Rosneft signed a cooperation agreement under which the companies will jointly explore offshore frontier areas of Russia and Norway and conduct joint technical studies on two onshore Russian assets. Statoil will fund the initial exploration necessary to determine the commercial value of the four licences. Sea of Okhotsk.
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