Reuters: Mergers News: RPT-Eni wins Russian Arctic oil and gas deal

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

RPT-Eni wins Russian Arctic oil and gas deal Apr 25th 2012, 14:33 Wed Apr 25, 2012 10:33am EDT MOSCOW, April 25 (Reuters) - Rosneft and Eni signed an agreement on Wednesday in the presence of Russian Prime Minister Vladimir Putin to jointly tap new fields in Russia's Barents and Black Sea zones, Rosneft's second Arctic deal in two weeks Eni Chief Executive Paolo Scaroni also said that Rosneft and Eni may expand their cooperation efforts to Europe and the Americas. The companies said in a statement they will jointly develop the Tsentralno-Barentsevsky and Fedynsky blocks in the Barents Sea, as well as a Black Sea deposit, with combined recoverable resources estimated at 36 billion barrels. Eni will hold 33.33 percent in the joint venture with Rosneft.

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