Eni and Rosneft sign cooperation agreement

By Staff reporter 18 May 2017

Igor Sechin, the chief executive of Russia’s Rosneft, and Claudio Descalzi, his counterpart at Italy’s Eni, signed a cooperation agreement on Wednesday for the two companies to work together in Russia and abroad, Eni said.

The agreement was signed in Sochi in the presence of Russian President Vladimir Putin and Italian Prime Minister Paolo Gentiloni.

Eni said the meeting consolidated previous agreements for the joint development of exploration activities in the Russian Barents Sea and Black Sea, and "will underpin further opportunities between the two groups" –...

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