Eni | Egypt Oil & Gas - Part 3

Oil Market Risks Breaking $100, Eni CEO Warns

Claudio Descalzi, CEO of Italy’s state‑controlled energy group Eni, warned that if the Middle East conflict drags on, the global oil market will break out of its current $80–$100 band by early 2027, fueling inflation ...

Eni, NOC Bring Sabratha Compression Project Online to Boost Libya’s Gas Production

The energy major, Eni, in partnership with Libya’s National Oil Corporation (NOC) through the Mellitah Oil & Gas joint venture (JV), has started hydrocarbon production from the Sabratha Compression Project, ...

Harbour Energy Commits Initial $6 Mn for Desouq, Eni Renews Port Fouad Deal

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a new agreement with British Harbour Energy and a memorandum of principles (MoP) with Italy’s Eni, in a move aimed at attracting ...

Eni, PETRONAS Launch Searah JV with Over 300,000 boe/d Initial Production

Eni and PETRONAS have officially established Searah, a new 50/50 independent joint venture (JV) combining selected upstream assets in Indonesia and Malaysia, following the completion of all regulatory approvals and cl...

Sinai Offshore Fields Post Highest Daily Production Since 2017

Crude oil production from the Sinai Offshore Fields has reached its highest daily level since 2017, with output averaging around 27,000 barrels per day (bbl/d), a milestone that underscores the effectiveness of ongoin...

Eni, Seri Industrial Develop Lithium Iron Phosphate Battery Supply Chain in Italy

Eni Industrial Evolution, a subsidiary of Italian energy major Eni, has signed an agreement with FIB, a subsidiary of battery manufacturer Seri Industrial Group, to jointly develop an integrated industrial supply chai...

Agiba Petroleum’s New Discovery Adds 330 bcf of Gas, Largest in 15 Years

Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and the Italian energy major Eni, has made a new Western Desert hydrocarbon discovery described as the company’s large...

Eni Restarts Oil Lifting from Venezuela to Recover Gas-Related Depts

Eni resumed receiving Venezuelan crude shipments in April as a form of payment for natural gas produced in the country, a move to gradually recover outstanding debts owed by the government, according to Reuters. This ...

Badawi, Eni Discuss Intensifying Exploration to Meet Rising Demand

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Diego Portoghese, Italy’s Eni’s Head of North Africa and Levant Region, to review the company’s exploration and production activities in Egypt ...

Eni to Renew North Port Said Concession

The Egyptian General Petroleum Corporation (EGPC) signed a binding Memorandum of Intent (MoI) with Italian energy giant Eni to renew its North Port Said concession. The agreement includes the El Gamil strategic facili...

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