Russian Oil Company Lukoil Snaps Up Offshore Blocks In Congo ...Middle East

Russian oil company Lukoil has said it now has rights to two offshore energy blocks in the Republic of Congo in partnership with Italian oil giant Eni. The rights to the offshore blocks, known as Marine 24 and Marine 31, are now held by Lukoil with a 43% interest, Interfax said. Lukoil said that Congo accepted its application for the blocks, submitted with partner Eni. The commercial terms for the venture have yet to be agreed on.  Lukoil already has a presence in the Republic of Congo in the Marine XII project, operated by Eni. "First of…

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