MOSCOW (Reuters) - Russia and U.S. oil major Exxonmobil <XOM.N> have signed an out-of-court settlement agreement regarding a legal dispute over the Sakhalin-1 oil and gas project, Russia's finance ministry said in a statement on Thursday.
"The sides have reached a mutually beneficial compromise," the ministry said, adding that the agreement was signed on Sept. 12.
Russian President Vladimir Putin said on Sept. 7 that the dispute had been resolved.
- Celebrity deaths 2018: All the stars we lost too soon 45 Pictures
- 10 finalists for TIME Person of the Year 2018 11 Pictures
(Reporting by Darya Korsunskaya; Writing by Polina Devitt; Editing by Andrew Osborn)