Middle East Economic Survey

VOL. LIII

No 22

31-May-2010

UAE

Crescent Petroleum Signs Cooperation Agreement With Rosneft

Sharjah-based Crescent Petroleum announced on 19 May the signing of a strategic cooperation agreement with Russias Rosneft. The agreement creates the framework for the joint pursuit of oil and gas exploration and development opportunities in the Middle East and North Africa (MENA) region. Access to material and high quality new upstream projects will be facilitated by combining...