Eni | Egypt Oil & Gas - Part 41
Rosneft Weighing Additional 5% Stake in Zohr
Rosneft is considering the purchase of an additional 5% stake in the Zohr gas field, according to the company’s CEO, Igor Sechin, Reuters reports. Rosneft has already purchased a 30% stake in the field from Eni for $1...
Zohr Production Remains On Track For This Year
Production from the Zohr gas field remains on track to begin in December, according to the CEO of Eni, Claudio Descalzi, Reuters reports. Descalzi had previously announced that production at Zohr field would begin bef...
Rosneft Acquisition of 30% of Zohr Finalized
Rosneft has closed a $1.125 billion deal with Eni to acquire a 30% stake in the Zohr gas field, Egypt Oil & Gas reports. Rosneft also partially reimbursed Eni for past project costs. Eni retains a 60% stake in the...
El Sisi, Eni CEO Discuss Progress at Zohr
The Egyptian President, Abdel Fattah El Sisi, met with Eni’s CEO, Claudio Descalzi, to discuss progress at the Zohr gas field, Egypt Oil & Gas reports. Production at Zohr is set to begin before the end of 2017, De... Zohr Field Almost Ready to Begin Production
Italian Eni´s CEO, Claudio Descalzi, met with Egyptian Prime Minister Sherif Ismail on August 1st to discuss Eni’s operations to develop the Zohr field, Egypt Oil & Gas reported. Work on the field is 80% complete....
Gas Extraction from Libya’s Bahr Essalam Field to Begin in 2018
Italian oil firm, Eni, anticipates extracting gas from the Bahr Essalam Field in 2018, according to Page One. Claudio Descalzi, Eni’s CEO, recently met with the CEO of Libya’s National Oil Company (NOC), Mustafa Sanal...
ADES Awarded New Drilling Contract in Egypt
ADES Oil and Gas Company won a new three-month contract for drilling offshore Egypt along with Eni’s subsidiary, IEOC, Digital Look reported. The contract was awarded by Belayim Petroleum, which is a joint ventu...
Iran Drills New Wells in Three Months
The National Iranian Drilling Company (NIDC)’s Deputy Managing Director, Hamid Reza Khoshayand, said that NIDC drilled over 75 km of oil and gas wells using its drilling fleet during the first quarter of Iran’s ...
