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Rosneft and ExxonMobil team up to tap tight oil in Siberia
08.12.2012. | Russia’s state-owned oil major Rosneft and US ExxonMobil have agreed on joint exploration of tight oil in the hard-to-reach fields of Western Siberia.
The deal was signed in Moscow by Rosneft’ CEO Igor Sechin and ExxonMobil President Steven Greenlee. Under the agreement, Rosneft will own 51% and Exxon will hold 49% of the......