Eni | Egypt Oil & Gas - Part 44
Rosneft to Consider Stake in Shorouk Concession
Russia's Rosneft announced that its board of directors will discuss buying up to 35% of stake in Shorouk Concession , offshore Egypt.
Sonatrach, Eni Agreed to Extend Cooperation
The Algerian state-owned company, Sonatrach, and Italian Eni signed several cooperation agreements in various energy areas. BP to Buy 10% Stake in Zohr
UK's BP reached an agreement with Italian Eni to buy a 10% stake in Egypt's Shourouk Concession which includes Zohr field for $375m.
Mozambique Approves Offshore Coral South Gas Project
The Mozambican government’s oil and gas company ENH will have to pay $800m for its share of 10% in the natural gas exploration project in Area 4 of the Rovuma Basin.
Nigeria Reaches $5.1b Debt Deal with Oil Majors
Nigeria has reached a $5.1b settlement to reimburse foreign oil companies, including Exxon Mobil Corp. and Royal Dutch Shell Plc, for past operating costs.
Nooros Field Produced 900mcf/d of Gas
Italian Eni stated that it increased gas production from its Egyptian Nooros field, as output has currently reached 900mcf/d.
Egypt Paid EGP 1b to Eni
The Egyptian Ministry of Petroleum and Mineral Resources has paid EGP 1b to Italian Eni, as part of the outstanding dues for for the company's equity production. Eni Approved Investments for Coral Project
Italian Eni approved the investment for the first phase of the Coral South project, offshore Mozambique.
