Statoil to drill with Rosneft on Russian shelf
1 of 3. Russian Prime Minister and President-elect Vladimir Putin (C) looks on as Statoil's Chief Executive Helge Lund (L) and Rosneft President Eduard Khudainatov exchange documents during a signing ceremony at the Novo-Ogaryovo residence outside Moscow May 5, 2012.
MOSCOW (Reuters) - Norway's Statoil (STL.OL) will drill in Russian Arctic waters thought to contain 2 billion metric tons (2.20 billion tons) of oil (ROSN.MM) in partnership with Rosneft, marking the third deal of its kind for the Russian state company.
Credit: Reuters/Yana Lapikova/RIA Novosti/Pool
Melissa Akin and Vladimir Soldatkin
MOSCOW
Sat May 5, 2012 3:45pm EDT
link-
http://www.reuters.com/article/2012/05/05/us-rosneft-statoil-idUSBRE84403P20120505