("UPDATE: Rosneft: Exxon-Rosneft Deal Could Give Access To Vast Oil Reserves," at 12:48 p.m. ET, misstated the name of the Russian official in the 11th-12th paragraphs. The corrected version follows:)
NEW YORK -(MarketWatch)-.'s XOM, +0.09% deal with OAO Rosneft (ROSN.RS),-water.
Answering questions from analysts after the presentation, Sechin said the company is open to bring more companies into the project and that possible new partners will receive the same treatment as Exxon.
"To work with someone else? Yeah, we will. We will support...to involve more investors," Sechin said. "And conditions, as I mentioned before from the point of view of other investors, should be the same as for Exxon Mobil."
Also answering questions, Exxon Chief Executive Rex Tillerson said the company was confident Russia will take all the necessary steps to offer an attractive fiscal regime to develop the Arctic as it's in the country's own best interest.
"There is a recognition that these are some of the most challenging parts of the world in which we will work as an industry," Tillerson said. "I think their commitment is to put in place what is necessary to see them developed. If they're not developed, Russia receives nothing either."
--Isabel Ordonez contributed to this article.