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’s oil production in Libya will be reduced from 320,000 b/d to 200,000 b/d, Eni CEO, Claudio Descalzi stated.
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.
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.
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.
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.
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."
Lebanon awarded offshore concessions to a consortium of Total, Eni, and Novatek to explore in its territorial waters.
Eni will drill two new exploratory wells in Cyprus’ territorial waters.
Eni and BP have expressed interest in taking over operations from Royal Dutch Shell at Iraq’s Majnoon oilfield.
Rosneft plans to invest more than $2 billion in the Zohr natural gas field.