RIA Novosti reported Tuesday Royal Dutch Shell also signed a tentative agreement with Gazprom Neft, which is Gazprom's oil division.
That deal outlines a cooperative effort for shale oil exploration and development in Russia, most of which is in West Siberia in deposits more than a mile underground.
The deals were signed following a meeting in Amsterdam between Russian President Vladimir Putin and Dutch Prime Minister Mark Rutte, RIA Novosti reported.
Notable deaths of 2014 [PHOTOS]
ATM fees on the rise, again