Italian Eni and British Petroleum (BP) announced that over the next five years, they will invest in Egypt more than in other parts of the world, reported Bloomberg. According to Eni’s CEO, Claudio Descalzi, the ...
The Egyptian President Abdel Fattah El Sisi received Eni’s CEO, Claudio Descalzi, and Bob Dudley, BP’s CEO, to discuss progress of the Zohr field, Sada El Balad informed. Egypt’s Prime Minister, Eng....
The Assistant Sub Governor for Foreign Reserves at The Central Bank of Egypt (CBE), Rami Aboul Naga, said that Egypt paid $630m in financial obligations to Italian oil and gas company Eni in January to develop the gia...
Italian Eni started production at an oil facility off the coast of Angola in record-setting fashion, reported United Press International. The production started from the East Hub Development Project, in Block 15/06 of...
Ghana has named the Floating Production, Storage and Offloading (FPSO) vessel ‘John Agyekum Kufuor’ commissioned by Eni, Vitol, and Ghana National Petroleum Corporation (GNPC). John Agyekum Kufuor was Gha...
Nigeria has ceded control of one of the richest oil blocs on the continent – the Oil Prospecting License 245 bloc (OPL 245) and the country is to prosecute oil giants Royal Dutch Shell and Italian Eni in a corru...
General Electric Co (GE) has proposed investing in Nigeria’s oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities, Reuters reported. According to Oil Pri...
A press release to Egypt Oil&Gas stated that the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired PetroShorouk’s general assembly to review the company’s budget for the fis...
Nigeria’s Minister of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC)’s Chairman, Emmanuel Ibe Kachikwu, and Eni’s CEO, Claudio Descalzi, have signed a memorandum of understandin...
Italian Eni has raised its expectations for production from Egypt’s Nooros Field by 20% from the planned 1bcf/d to reach 1.2bcf/d by mid 2017, reported Al Borsa. A source with the Egyptian oil and gas sector sta...