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Sunday, April 21, 2019 18:31 GMT
Eni has signed an exploration and production sharing agreement with the emirate of Ras Al Khaimah, the Italian oil company's latest expansion in the Middle East. The agreement covers Block A offshore Ras Al Khaimah, one of the seven United Arab Emirates (UAE). It was signed between Eni and the emirate's RAK Petroleum Authority, Eni said in a statement on Thursday. Block A is an area of 2,412 square kilometers. Eni will be the block's operator, with a 90% participating interest, while RAK GAS...More