Italy's Eni strikes $1.8b in oil and gas deals with Abu Dhabi's Adnoc, Mubadala

Italy's Eni strikes $1.8b in oil and gas deals with Abu Dhabi's Adnoc, Mubadala

Photo: Reuters

Italian energy company Eni SpA won rights to pump oil at two blocks off the coast of Abu Dhabi and sold the Middle Eastern crude producer a stake in Egypt’s giant Zohr natural gas field, a deal involving combined payments of $1.8 billion.

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