Rosneft and Statoil agree to move joint development of the North-Komsomolskoye field into the next phase

According to the Rosneft official website, RN-Exploration and Production LLC, Rosneft subsidiary and Statoil Russia AS, Statoil ASA subsidiary, signed the shareholders and operating agreement at the Eastern Economic Forum. The document is signed with regards to SevKomNeftegaz LLC, an enterprise that will serve as a basis for a future North -Komsomolskoye joint field development.

The Document was signed in elaboration of agreements on the cooperation within the North-Komsomolskoye Field reached by Rosneft and Statoil in 2013. In accordance with the document signed Statoil is planning to acquire 33,33% in SevKomNeftegaz LLC. The agreement also approves the principles of the asset management at the development stage.

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