Kamaz to supply at least 1,000 trucks to Philippines by 2020Business & Economy May 29, 21:49
Moscow ready to offer clarifications over incident with Montenegrin MPRussian Politics & Diplomacy May 29, 21:09
Moscow mayor says Monday's hurricane in Moscow 'unprecedented'Society & Culture May 29, 20:56
Moldovan president slams government’s decision to expel Russian diplomatsWorld May 29, 20:52
Macron lashes out at Russian news agency Sputnik, RT channel over campaign coverageWorld May 29, 20:11
Macron says no international problem can be solved without RussiaWorld May 29, 19:51
Putin: Russian and French fundamental interests come firstRussian Politics & Diplomacy May 29, 19:34
Hollywood director highlights his esteem for Russia’s presidentSociety & Culture May 29, 19:18
Death toll following Moscow thunderstorms rises to 11World May 29, 19:02
MOSCOW, August 22. /ITAR-TASS/. Oil major Rosneft has signed a framework agreement to buy a stake in Norway’s North Atlantic Drilling through an asset swap and investment in the company’s capital as Russia’s top oil firm is striving to boost its oil service capacities, Rosneft said in a statement Friday.
The final terms of the deal, including the amount of investments into the Norwegian company, will be set after the deal passes all corporate and accounting procedures, which is expected to be done by the end of the year.
Under the deal, Rosneft can increase its stake in North Atlantic Drilling.
In July, Rosneft and North Atlantic Drilling signed a long-term agreement on cooperation in shelf drilling, under which the Norwegian company will provide Rosneft with six sea drilling units till 2022 to conduct shelf drilling in harsh weather conditions.