Rosneft closes purchase of 30% stake in Egyptian Zohr gas fieldStaff Writer | October 9, 2017
Rosneft has closed the transaction to acquire a 30% stake in the concessions agreement for the development of the Egyptian Zohr field, the largest gas field in the Mediterranean Sea, from Italy's Eni.
Oil exploration A strategic partnership
The agreement stipulates a strategic partnership between Rosneft, Eni (60% stake) and BP (10% stake) to develop the largest deepwater gas field offshore Egypt, the company said. ■