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Eni, Rosneft sign Barents and Black Sea development deals


Published Jun 25, 2012
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Eni CEO Paolo Scaroni and Rosneft Chairman Igor Sechin signed agreements in Saint Petersburg Thursday concerning the two companies' operation of assets in the Black Sea and the Barents Sea.

The deal refers to the strategic cooperation agreement signed April 25, 2012 between the two companies, under which Eni and Rosneft will set up joint ventures (Eni 33.33%, Rosneft 66.67%) for the joint development of Fedynsky and Tsentralno-Barentsevsky licenses in the Russian offshore of the Barents Sea, and Zapadno-Cernomorsky license in the Russian offshore of the Black sea.

Tags: Eni Norge AS, Rosneft




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