Norway may join Indian exploration forays in Russia, Gulf

Norwegian state-owned companies Norsk Hydro and Statoil are likely to join Indian counterparts in exploration forays in Russia, North Africa, the Gulf region and in Latin America under cooperation agreements to be signed soon.

Petroleum Minister Mani Shankar Aiyar is currently in Norway heading a high-level delegation on a three-day visit during which several bilateral cooperation agreements are expected in the hydrocarbon sector.