Eni said a final investment decision is expected from partners on Mozambique's deep-water Coral South floating liquefied natural gas project by December, with production starting five years later.
The government of Mozambique announced a one-month extension of the deadline for the tender to select companies interested in the design, investment and development liquefied gas projects.
Italian Eni finished the drilling processes for the sixth well at Zohr field in the deep water offshore the Mediterranean Sea. An official with the company stated that the well’s production tests will start late Octo ...
Oil production from Ghana’s Sankofa-Gye Nyame oil field, is expected to commence in the second quarter of 2017 while production of gas is expected to begin in the second quarter of 2018.
HSBC and Standard Chartered issued a $500m letter of credit (LOC) to Ghana National Petroleum Corporation (GNPC) to guarantee payments for gas extracted in 2018 from the offshore Sankofa field.
The Algerian state energy company Sonatrach has signed a deal with Italian firm ENI for a solar power plant, the 10MW photovoltaic facility will be launched before the end of 2016 in Ouargla in southern Algeria.