Gazprom Neft, Zarubezhneft to develop hard-to-recover oil reserves in West Siberia

Gazprom Neft, Zarubezhneft to develop hard-to-recover oil reserves in West Siberia

Gazprom Neft and Zarubezhneft have agreed to set up a joint venture for exploration and production of hard-to-recover oil reserves in the Khanty-Mansi Autonomous Okrug—Yugra in West Siberia, Russia. In this connection, the two Russian state-owned energy companies have signed a binding agreement, which also calls for developing effective technologies to meet their objective. The […]