Eni | Egypt Oil & Gas - Part 10

Eni Makes New Oil, Gas Discovery Offshore Mexico

Eni has made a new discovery on the Yopaat-1 EXP exploration well in Block 9 offshore Mexico with preliminary estimates of around 300-400 million barrels of oil equivalent (mboe) and associated gas in place. The well,...

Egypt’s Petroleum Minister Meets with Eni, Emphasizes Focus on Increased Production

Minister of Petroleum and Mineral Resources Karim Badawi has met with a high-level delegation of officials from the Italian company Eni, the largest investor in the energy sector in Egypt. Eni’s delegation included Gu...

Eni to Sell Upstream Assets in Alaska to US Hilcorp

Eni has signed a binding agreement with US Hilcorp for the sale of 100% of the Nikaitchuq and Oooguruk assets owned by Eni in Alaska. This transaction, subject to regulatory approvals and customary terms and condition...

Madbouly Lauds Cooperation Between Egypt, Eni

On the sidelines of the Egypt-EU Joint Investment Conference, Prime Minister Moustafa Madbouly, met with Head of North Africa and Levant Region at the Italian company Eni Martina Opizzi and her accompanying delegation...

Eni Sells 10% of Saipem at 1.970 Euros Per Share

Italian energy company Eni has completed the sale of 10% of the share capital of oilfield group Saipem at 1.970 euros per share for a total value of 393 million euros ($421.96 million). The sale was launched late on T...

Egypt, Eni Sign Two CSR Agreements to Support Healthcare in Matrouh, Port Said Governates

Minister of Petroleum and Mineral Resources Tarek El Molla and Khaled Abdel Ghaffar, Minister of Health and Population, have witnessed the signing of two corporate social responsibility agreements, which demonstrate t...

El Molla Inaugurates New Natural Gas Car Fueling Stations in Giza

Minister of Petroleum and Mineral Resources Tarek El Molla accompanied by Ahmed Rashid, Governor of Giza, has inaugurated the Gastec – Eni and Cargas – Chillout stations to provide cars with natural gas in...

Egypt’s LNG Exports Expected to Resume by December or January: Eni

Egypt is expected to continue exporting liquefied natural gas (LNG) by December 2023 or January 2024, according to a Reuters report quoting Cristian Signoretto, Director for Eni’s global gas and LNG portfolio. S...

Eni Makes New Discovery in Indonesia

Eni has announced a new significant gas discovery from the Geng North-1 exploration well drilled in North Ganal PSC, in Indonesia. The initial estimates of the well indicates total volume of 5 trillion cubic feet (tcf...

Egypt Awards New Exploration Blocks to Eni, BP, QatarEnergy, Zarubezhneft

The Ministry of Petroleum and Mineral Resources announced the results of the international bid round  by the Egyptian Natural Gas Holding Company (EGAS) for the search and exploration of natural gas and crude oil in t...

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