StatoilHydro will sign Shtokman agreement with Gazprom


StatoilHydro will today, 25 October, sign a frame agreement with Gazprom to become partner in the Shtokman development, phase 1.
 
The agreement gives StatoilHydro a 24% equity interest in Shtokman Development Company where Gazprom (51%) and Total (25%) are the two other partners.

StatoilHydro will come back with further information when the agreement is signed.
GlobeNewswire