Rosneft and ExxonMobil establish a JV for development of problematic oil reserves in West Siberia
Edited by Anonymous / 2013-12-18 07:53:53
Rosneft and ExxonMobil founded a JV to fulfill experimental and industrial development of hard-to-get oil reserves in Western Siberia in the framework of the strategic cooperation agreement. The shares of Rosneft and ExxonMobil in the enterprise are 51% and 49% respectively.