Neft

Shell and Gazprom Neft to Implement Joint Projects

Monday, June 20, 2011

The Chairman of Gazprom Neft Management Committee Alexander Dyukov and Chief Executive Officer of Royal Dutch Shell plc. Peter Voser have today signed Heads of Agreement between OAO Gazprom Neft and Shell Exploration Company (RF) B.V. The signing took place at the Saint Petersburg International Economic Forum.

Under the agreement, the two companies will assess the potential of creating a joint venture between Gazprom Neft and Shell to pursue joint projects in Western Siberia and other areas inside and outside of Russia to further develop cooperation between the two companies in upstream and downstream. read more

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