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Gazprom, Halliburton sign cooperation deal

  • Gazprom (OGZPY.PK) signs a technological cooperation deal with Halliburton (HAL) to exchange data and know-how on using innovative technology, including for work on hard-to-recover resources.
  • Gazprom says it wants to raise its annual hydrocarbon production to 100M boe by 2020; more than half the total would come from the use of new technologies to make up for declining output at Soviet-era fields.
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