New Gazprom Neft–Shell Joint Venture to Develop Fields in Yamal
Gazprom Neft and Shell have used this year’s St Petersburg International Economic Forum to sign an agreement on creating a joint venture to develop license blocks in the Yamalo-Nenets Autonomous Okrug. Gazprom Neft and Shell have signed all necessary legal documentation on a Sale and Purchase Agreement for a 50-percent interest in the authorised share capital of Meretoyakhaneftegaz, creating a joint venture on that basis. …