Gazprom, Total, StatoilHydro Form JV To Develop Shtokman Field in Barents

摘要

Gazprom, Total and StatoilHydro have agreed to form a joint venture (Shtokman Development AG) for phase one development of the Shtokman field in the Russian sector of the Barents Sea.Gazprom holds a 51% stake in the alliance, while Total holds 25% and StatoilHydro 24%.