The Russian giant now owns a 30% stake in the Zohr gas field after closing a $1.125 billion (£850 million) transaction.
read more... 16/10/2017
Eni and Total have found gas while drilling offshore Cyprus near the giant Zohr gas field discovery in Egypt waters, but the anticipated quantity of the recently discovered field is too small to develop on its own, as stated by Cypriot Energy Minister Yiorgos Lakkotrypis on Tuesday.
read more... 13/09/2017
The Italian energy major Eni has inked a deal in Cairo on February 13 to complete the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt, which includes the supergiant Zohr gas field.
read more... 14/02/2017
France's Total is preparing to drill for gas off Cyprus, near ENI's major Zohr finding off the Egyptian coast which in 2015 renewed interest among oil most important companies for exploration in the Mediterranean.
read more... 20/01/2017
Italian energy company Eni agreed to sell a 30% stake in giant Egyptian gas field Zohr to Russian major Rosneft for $1.58 billion, as a part of the Eni’s plans to raise cash to confront low oil prices.
read more... 13/12/2016