MOSCOW  - Russian state-owned oil and gas producer Zarubezhneft said on Tuesday it has joined two offshore oil blocks in Egypt under a production-sharing agreement.

It said the resources of the blocks - South East Ras El Ush and East Gebel El Zeit - are estimated at more than 200 million barrels.

Zarubezhneft plans to drill two exploration wells at the blocks.

(Reporting by Polina Devitt; Writing by Vladimir Soldatkin; Editing by Hugh Lawson) ((vladimir.soldatkin@reuters.com; +7 495 775 12 42;))