Rosneft | Egypt Oil & Gas - Part 6
Eni Drilled New Well at Zohr
Italian Eni finalized digging an additional well to the development plan of Egypt’s Zohr field. The new well will be linked to production in the project’s second phase, reported Daily News Egypt. Additionally, a...
Eni Agrees to Sell 30% of Shorouk Concession to Rosneft
Italian Eni agreed to sell 30% stake in Egypt’s Shorouk Concession to Russia’s Rosneft. Eni, through its joint venture Italian Egyptian Oil Company (IEOC), holds a 90% stake in the concession after the rec...
Iran, Russia to Review New Deals
Iran’s Deputy Oil Minister, Amir Zamaninia, declared that Tehran will host the upcoming Russian-Iranian intergovernmental commission on trade and economic cooperation during December. The objective of the commis...
Rosneft Receives Payment for First LNG Cargo to Egypt
Egypt has paid $15.6m for its first ever supply of liquefied natural gas (LNG) from Russian state-owned oil company Rosneft delivered to the country in May 2016, Tass Russian News Agency reported. The volume of 0.06mt...
Iran, Russia Compete over Indian Refinery Supply
India’s Essar Oil Ltd, the country’s largest refiner, expects to lower crude purchases from Iran after shipments from OAO Rosneft begin once the Russian state producer completes a deal to buy a 49% stake in the ...
Russia to Invest $20b in Venezuelan Oil
Russian energy giant Rosneft’s CEO, Igor Sechin, met with the President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pinothe, and the leadership of the country to discuss four cooperation agreements wort...
Egypt Negotiates LNG Imports
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years. The LNG supplying cont...
Russia, China Boost Energy Deals
Russia and China have sealed a number of energy deals during the Russian President, Vladimir Putin, most recent visit to Beijing, according to Fortune. The deals include the sale of stakes in some Russian projects to ...
