Heads of both companies signed a memorandum which stipulates conducting of joint operations in prospecting hydrocarbons in the Arctic regions; elaboration of specific technologies for development of the Arctic shelf resources; investigation of the oil and gas recovery effects onto social and economic development of the neighboring regions and environment; exchange of personnel and training of specialists.
“Gazprom”(Russia) and “Statoil”(Norway) to co-operate in development of reserves on the Arctic shelf