Eni signed on Sunday with ADNOC for a 5% stake in the Lower Zakum offshore oilfield and a 10% stake in the Umm Shaif and Nasr o/g/c offshore fields for USD 875 MM and 40 years duration. In both concessions, ADNOC owns a 60% operating stake. It is recalled in Lower Zakum, an OVL-led group last month also teamed up with ADNOC with 10%.  Â 
UAE, not found