Eni | Egypt Oil & Gas - Part 40
Investment Decision on Mozambique’s Gas Expected by July
ENI, Mozambique's Area 4 operator, will make a final investment decision (FID) still by March and conclude the financial package by the end of the first half of 2017.
Mozambique to Receive $350m in Taxes from Eni
Mozambique will gain $350m in capital taxes from Eni after the Italian oil and gas company agreed to sell a stake in a gas field to ExxonMobil Corporation.
El Molla Follows Up Progress of Zohr Field
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, visited Port Said Governorate to inspect the work progress at Zohr field as a part of following up the new gas development project.
Bouteflika to Free Economy from Oil, Gas Dependence
Algeria’s President, Abdelaziz Bouteflika, has urged for the independence of the country's economy from the oil and gas industry.
ExxonMobil to Buy 25% of Eni’s LNG Offshore Mozambique
ExxonMobil Corp. announced it will buy 25% of a liquefied natural gas (LNG) project off Mozambique from Italy’s Eni for about $2.8b.
Egypt’s Petrobel Extends Contract for Saipem’s Jack-Up Rig
The Egyptian company Petrobel has extended a contract for Saipem’s jack-up rig for work offshore in Egypt. The Company extended the contract for the Saipem-owned Perro Negro 4 jack-up drilling rig by two additional ...
Nigeria Charges Shell, Eni with Corruption
Nigeria’s anti-graft agency filed new charges against Royal Dutch Shell plc and Eni , alleging the companies “corruptly” paid $801m in 2011 when acquiring an offshore oil field. Eni to Sell Stake in Mozambique Gasfield within Weeks
Eni announced on Wednesday that it was “within weeks” of sealing a multi-billion-dollar deal to sell a stake in its Mozambique operations, with ExxonMobil favorite to buy the asset.
