Eni | Egypt Oil & Gas - Part 40
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, Al Mal News reported. The field’s current production is around 400 million st...
ADNOC Grants Eni Stakes in UAE Offshore Fields
The Abu Dhabi National Oil Company (ADNOC) has granted Eni two stakes in the UAE’s offshore concession areas in a $875 million, 40-year deal, the National reported. The Italian oil company won the 10% share in the Nas...
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, Egypt Oil & Gas reports. Eni’s owns 60% stakes at Shorouk concession, which...
El Sisi Reviews Eni’s Operations
Egyptian President, Abdel Fattah El Sisi, met with Italian Eni’s CEO, Claudio Descalzi, in the attendance of Prime Minister, Sherif Ismail and Minister of Petroleum and Mineral Resources, Tarek El Molla, to revi... 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,” Eni claimed in a press release, Egypt Oil & Gas reports. The field, the c...
Consortium Wins Exploration Rights Off Lebanon
Lebanon awarded offshore concessions to a consortium of Total, Eni, and Novatek to explore in its territorial waters, Bloomberg reports. The companies received preliminary licenses for blocks 4 and 9, according to the... Eni to Drill Two News Wells off Cyprus
Eni will drill two new exploratory wells in Cyprus’ territorial waters, the company’s CEO, Claudio Descalzi, said, AP reports. Cyprus can serve as a “natural bridge” between the natural gas fields of the eastern Medit...
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, Reuters reports. “BP and Italy’s Eni have approached the oil ministry last month to show interest in deve...
