Rosneft closes $1.1bn Zohr field oil deal

Rosneft has bought a 30% stake in the Zohr gas field for $1.125 billion (£850m). The Russian state-owned energy giant acquired the stake, which is the largest in the Egyptian sector of the Mediterranean Sea, from Italian company Eni S.p.A. The agreement stipulates a strategic partnership between Rosneft and Eni, which will own a 60% […]

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