Saturday 5 May 2012

Statoil to drill with Rosneft on Russian shelf

MOSCOW (Reuters) - Norway's Statoil will drill in Russian Arctic waters thought to contain 2 billion metric tons (2.20 billion tons) of oil in partnership with Rosneft, marking the third deal of its kind for the Russian state company.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/i3hyrrYxd-I/us-rosneft-statoil-idUSBRE84403P20120505

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