Russia's Rosneft buys into huge European gas field

Russia's largest oil company Rosneft has secured access to the largest gas discovery ever in the Mediterranean with a major acquisition.

The owners of the large Shorouk concession in the Mediterranean have gained a new companion as Russian Rosneft has paid Italy's Eni USD 1.13 billion for a 30 percent stake in the area, Eni announced Monday.

The concession concerns the large gas discovery Zohr, which is the biggest ever in the Mediterranean.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs