Eurasia Journal News

Eni Sells a 30% Stake in the Shorouk Concession, Offshore Egypt, to Rosneft

Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where the supergiant gas field Zohr is located. Eni, through its subsidiary IEOC, currently holds a 90% stake in the block following the recent dilution of 10% to BP which completion is ongoing. …

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