Halliburton, Gazprom Neft sign memo on cooperation in Russia

Oilfield services firm Halliburton and Russia’s Gazprom Neft have signed an outline agreement on technological cooperation to construct wells at the Achimov oil formation in Siberia, Gazprom Neft said on Thursday. Cooperation between Western and Russian oil and gas producers has been curtailed by the sanctions imposed on Russia by the United States and Europe following Moscow’s annexation of Crimea from Ukraine in 2014. Gazprom Neft and the Houston, Texas-based company, have been working on a number of projects since 2011. …read more

Source:: Yahoo Finance


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