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Italy's Eni (E) and South Korean partner Kogas sign contracts to explore three natural gas-rich...

Italy's Eni (E) and South Korean partner Kogas sign contracts to explore three natural gas-rich blocks in deepwater off Cyprus. The Mediterranean island nation is looking to exploit potentially abundant offshore resources after Noble Energy made its landmark Aphrodite gas discovery in 2011 that's believed to hold resources of ~7T cu. ft.
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