Eni | Egypt Oil & Gas - Part 41

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.

Descalzi Inspected Operations in Eni’s Zohr

Eni's CEO, Claudio Descalzi, visited the offices of a petroleum plant near Port Said to inspect operations on Eni’s $11bn Zohr offshore gas development.

Algeria Discusses Offshore Drilling Partnerships with Majors

Algeria's Sonatrach wants to start its offshore oil drilling and has begun discussions with U.S. operators ExxonMobil Corp and Anadarko, as well as Italy's Eni.

Eni to Extract 200mcf/d from Zohr Field by October

Italian Eni will start producing 200mcf/d of gas from Zohr deep water field in the Mediterranean by October 2017.

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