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Rosneft May Buy Stake in North Atlantic Drilling From Seadrill 2014-05-24 12:54:29.250 GMT
By Stephen Bierman and Elena Mazneva May 24 (Bloomberg) -- Russian oil producer may buy “significant stake” in North Atlantic Drilling under cooperation agreement signed at St. Petersburg International Economic Forum. * North Atlantic to enter Russian onshore drilling mkt, get L- T onshore, offshore drilling contracts, Rosneft says in statement * Rosneft, Seadrill, North Atlantic Drilling sign letter on 6 harsh environment offshore drilling rigs, with possible expansion to up to 9: statement * Co. doesn’t disclose stake, price in statement * NOTE: Seadrill owns 70% of unit
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To contact the reporter on this story: Elena Mazneva in Moscow at +7-495-771-7729 or emazneva@bloomberg.net
To contact the editor responsible for this story: Torrey Clark at +7-495-771-7709 or tclark8@bloomberg.net