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Eni purchases 70% stake in Habi offshore gas concession

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Oilfield Technology,

As reported by Reuters, Eni has bought 70% of Edison’s stake in Block 12 of the offshore Habi gas concession in Egypt’s eastern Mediterranean, an official at state-owned Egyptian gas company EGAS said yesterday.
Edison won Block 12 in a bidding round run by EGAS in 2015.

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