Friday, June 17, 2011
Dow Jones Newswires
MOSCOW
by Malgorzata Halaba
Gazprom Neft, the oil arm of Gazprom, said Friday it has signed a cooperation agreement with Shell Exploration Company BV, a unit of U.K. energy giant Shell.
The companies will assess the potential of creating a joint venture to pursue projects in Western Siberia and areas both inside and outside of Russia, and to further develop cooperation between the two companies in upstream and downstream, the statement said.
Copyright (c) 2011 Dow Jones & Company, Inc.
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