Eni has announced a second light oil discovery on the B1-X exploration prospect located in the South West Meleiha license, located in Egypt’ Western Desert, the company announced in a press release. The well has...
The Ministry of Petroleum is looking into constructing a petrochemical and refining facility in New El Alamein City, Egypt Oil & Gas reports. The new projects will be located nearby the petroleum port of El Hamra ...
Eni has denied media reports that the company has discovered a new gas field in the eastern Mediterranean, state-owned Ahram Online has reported. “There are prospects and new [geological] structures in Egypt but we st...
Egypt oil minister Tarek El Molla discussed Egyptian-Italian collaboration with the Italian Ambassador to Cairo Giampaolo Cantini on June 3, Egypt Oil & Gas reports. El Molla and Giampaolo tackled Egypt’s plans to...
Eni will start exploration drilling at Noor field off North Sinai shore within two months, the oil ministry spokesman Hamdi Abdel Aziz told Reuters. Commenting on the news about the field’s reserves, Abdel Aziz said t...
Eni and Tharwa Petroleum may begin exploration drilling in the anticipated Noor gas field in August, an anonymous source told Youm7. Rumours have circulated since mid-June that Eni has discovered a 90 trillion cubic f...
Egypt may stop importing liquefied natural gas (LNG) in Q4 2018 and start exporting it at the beginning of 2019, Bloomberg reported quoting Egypt’s oil minister Tarek El Molla. El Molla said that the tender issued to ...
Eni CEO Claudio Descalzi has said that the company is investing a further $3 billion into the sector on top of the $8.4 billion it is already investing, Egypt Oil & Gas reports. The statements came during a meetin...
President Abdel Fattah El Sisi met Eni CEO Claudio Descalzi on June 21 to follow up on the Italian company’s projects in Egypt, Akhbar El Youm reported. The Italian company is the major shareholder of the Shorouk conc...
Eni has sold a 10% stake in Egypt’s Shorouk offshore concession to Mubadala Petroleum for more than $1 billion, Egypt Oil & Gas reports. The Emirati company agreed to pay Eni $934 million for the stake in ad...