Eni | Egypt Oil & Gas - Part 23

Eni Reaches Agreement with Egypt to Restart Damietta LNG Plant

Eni, the Italian giant, has come to an agreement with the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and its Union Fenosa Gas (UFG) partner Naturgy to finally r ...

El Molla Expects Oil Prices to Average Around $50/bbl in 2021

Oil prices are expected to remain at $50 per barrel (bbl) until the end of 2021 when a vaccine is available, Minister of Petroleum and Mineral Resources, Tarek El Molla, stated during the sixth edition of the Medi ...

NOC, Eni Discuss Future Cooperation in Libya

On November 3 the Chairman of the Board of Directors, Mustafa Sanallah, welcomed the Executive Director of Operations at Eni, Alessandro Politi, to discuss the future development of the Al-Buri offshore field.

Venezuelan Crude Inventories Surge as Sanctions Loom 

Crude inventories at Venezuela’s export terminal, Jose, have surpassed their highest levels since August due to customers' fears over sanctions deadlines.

Al-Sisi Supports Expansion of Eni’s Investments in Egypt

The Egyptian President Abdel Fattah Al Sisi, gave directives to the Ministry of Petroleum and Mineral Resources to intensify the cooperation with Eni company for more exploration and production activities (E&P) in ...

Gastec Delivers Eni’s Lubricants to Agiba

The Egyptian International Gas Technology (Gastec) Gastec has delivered the first shipment of over 9 tons of lubricants to Agiba Petroleum Company’s production field in the Mleiha, Western Desert.

Shell Looking to Cut Production Costs by up to 40%

Royal Dutch Shell is looking to slash up to 40% off the cost of oil and gas production in order to invest heavily in the energy transition.

Eni, BP Achieve New Natural Gas Discovery in Egypt’s Great Nooros Area

Eni   has announced a new natural gas discovery in Great Nooros Area which is located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.

Kamal: Egypt to Achieve Fuel Self-sufficiency Soon

Egypt will very soon achieve self-sufficiency in diesel and gasoline very soon, Osama Kamal, the Former Minister of Petroleum and Mineral Resources stated.

Al-Sisi Calls For Boosting Cooperation with Eni

President Abdel Fattah Al-Sisi has called for boosting Egypt's cooperation with the Italian giant Eni to ease any obstacles that the company might face.

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