Energy
Eni Signs Offshore Exploration Deal With Ras Al Khaimah

Eni SpA has signed an exploration and production agreement with the emirate of Ras Al Khaimah, a further push by the Italian company into the Middle East.
The deal between the Rome-based hydrocarbons producer and RAK Petroleum Authority will cover Block A, which includes an area of 2,412 square kilometers off the coast, according to a statement from Eni.
Read: Etihad Airways Is Said to Seek $600 Million Loan for Planes
Eni will operate 90 per cent of the block, while RAK Gas LLC will be in charge of the remaining 10 per cent.
Read: Qatar Fund Buys Chunk of $5.6 Billion Manhattan Portfolio
Earlier this year, Eni secured a deal on onshore exploration concession areas A, B & C in Sharjah, another city in the United Arab Emirates. It also agreed to pay $3.3 billion in cash for 20 percent of Abu Dhabi-based Adnoc Refining.
-
OER Magazines1 month ago
Dossier – ToP 25 Personalities 2025
-
Dossier1 month ago
Arabic Dossier – ToP 25 Personalities 2025
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, August 25
-
News2 months ago
xAI Open-Sources Grok 2.5, Signaling Accelerated AI Push
-
OER Magazines1 month ago
OER, August 2025
-
News2 months ago
Ooredoo Wins Silver Stevie® Award for Diversity and Inclusion Excellence
-
Entertainment1 month ago
Here’s a Complete Overview of the 2025/2026 Season at the Royal Opera House Muscat
-
News1 month ago
Sultan Center Unveils Flagship Al Hail Store, Elevating Premium Retail Experience in Oman
You must be logged in to post a comment Login