ST PETERSBURG, Russia, May 24 (Reuters) - Rosneft and BP have signed an agreement to jointly explore forhard-to-recover oil in the Volga-Urals region of central Russia,the state-run Russian oil company said on Saturday.
Rosneft will get 51 percent in a joint venture which willexplore the Domanic formation, while BP will hold 49 percent. BPholds an almost 20 percent stake in Rosneft.
Earlier, Rosneft agreed to explore for hard-to-recover oilin Russia with U.S. ExxonMobil and Norwegian Statoil.
(Reporting by Alexei Anishchuk and Katya Golubkova)