Eni | Egypt Oil & Gas - Part 36

Eni Plans to Reduce Oil Output from Libya

Eni’s oil production in Libya will be reduced from 320,000 b/d to 200,000 b/d, Eni CEO, Claudio Descalzi stated.

Eni to Increase Zohr Natural Gas Production

Italy’s Eni will increase natural gas production from Egypt’s Zohr field by 1.4-1.5  billion cubic feet per day (bcf/d) by the end of 2018.

ADNOC Grants Eni Stakes in UAE Offshore Fields

The Abu Dhabi National Oil Company has granted Eni two stakes in the UAE’s offshore concession areas in a $875 million, 40-year deal.

Eni Sells 10% of Shorouk Concession

Italian oil and gas company Eni has agreed to sell 10% of its stakes in Egypt’s Shourouk offshore concession to UAE’s Mubadala Petroleum.

El Sisi Reviews Eni’s Operations

Egyptian President, Abdel Fattah El Sisi, met with Italian Eni's CEO, Claudio Descalzi, to review the company's activities' in Egypt, especially in Zohr natural gas field.

Eni: Zohr Production Began in “Record Time”

Production from the Zohr natural gas field started "in a record time for this type of field of less than two and a half years."

Consortium Wins Exploration Rights Off Lebanon

Lebanon awarded offshore concessions to a consortium of Total, Eni, and Novatek to explore in its territorial waters.

Eni to Drill Two News Wells off Cyprus

Eni will drill two new exploratory wells in Cyprus’ territorial waters.

Eni, BP Express Interest in Majnoon

Eni and BP have expressed interest in taking over operations from Royal Dutch Shell at Iraq’s Majnoon oilfield.

Rosneft Looks to Invest $2B at Zohr

Rosneft plans to invest more than $2 billion in the Zohr natural gas field.

Page 36 of 62

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