Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers. You must log in to see and participate in our Dinar sections.

Hello friends -

Have you wanted to grow your nest egg faster to fulfill your family's dreams? Maybe you own an IRA, a 401K, maybe even a few stocks and mutual funds. Or maybe you're just starting...

Take a few moments to explore a simple program which can accelerate and even turbocharge your wealth growth to reach your dreams!

http://Styles.CTSoft.io

Neno

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017


The UAE is buying a stake in Eni in an Egyptian gas field for $ 934 million

Share
avatar
rocky
Moderator
Moderator

Posts : 129060
Thanked : 6806
Join date : 2012-12-21

The UAE is buying a stake in Eni in an Egyptian gas field for $ 934 million

Post by rocky on Tue 13 Mar 2018, 3:33 am

The UAE is buying a stake in Eni in an Egyptian gas field for $ 934 million
March 13 2018 11:08 p

[rtl][rtl]UAE buys stake in Egyptian gas field worth $ 934 million[/rtl]
[/rtl]
Baghdad Post
[rtl]


Mubadala Petroleum and the Italian company Eni have signed an agreement under which Mubadala will acquire a 10% stake in Egypt's Shorouq marine concession, which includes the Dhahr natural gas field.

"The Crown Prince of Abu Dhabi, Mohammed bin Zayed Al Nahyan, has witnessed the signing of the agreement with the Prime Minister of Italy, Paolo Gentloni.


According to Eni, "the value of the deal will be $ 934 million." 
Through its Egyptian subsidiary IOC, ENI owns a 60 per cent stake in the concession and operates the Dhahr field. British company BP holds 10 per cent and Russian oil company Rosneft 30 per cent, .


After completing the deal, which needs to meet certain legal requirements, including obtaining the approval of the Egyptian government bodies, the Italian company's stake in the concession will be 50%.


The production of gas in the field of "back", which is the largest discovery of gas in the Mediterranean, began the end of 2017, and count Egypt through the discovery to meet the needs of the domestic market of blue fuel.



http://www.thebaghdadpost.com/ar/story/91641/%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%B4%D8%AA%D8%B1%D9%8A-%D8%AD%D8%B5%D8%A9-%D9%85%D9%86-%D8%A5%D9%8A%D9%86%D9%8A-%D8%A7%D9%84%D8%A5%D9%8A%D8%B7%D8%A7%D9%84%D9%8A%D8%A9-%D9%81%D9%8A-%D8%AD%D9%82%D9%84-%D8%BA%D8%A7%D8%B2-%D9%85%D8%B5%D8%B1%D9%8A-%D8%A8%D9%80934-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1
[/rtl]

    Current date/time is Thu 21 Jun 2018, 2:42 pm