Eni | Egypt Oil & Gas - Part 47

Egypt Pays $5.8/1mBTU for Zohr Gas

A source with the Agreements Department at the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that Egypt buys Eni’s equity gas from Zohr field for $5.8 per 1m thermal unit (BTU), accor...

Eni’s FPSO Arrived in Angola

Italian Eni’s floating production storage and offloading (FPSO) vessel, Armada Olombendo, has arrived and received at its final destination on Block 15/06 offshore Angola, informed Ecofin Agency. The vessel was built ...

Eni Drilled New Well at Zohr

Italian Eni finalized digging an additional well to the development plan of Egypt’s Zohr field. The new well will be linked to production in the project’s second phase, reported Daily News Egypt. Additionally, a...

Eni Agrees to Sell 30% of Shorouk Concession to Rosneft

Italian Eni agreed to sell 30% stake in Egypt’s Shorouk Concession to Russia’s Rosneft. Eni, through its joint venture Italian Egyptian Oil Company (IEOC), holds a 90% stake in the concession after the rec...

Mozambique Approved LNG Deals with Anadarko, Eni

Mozambique’s cabinet has approved changes to liquefied natural gas (LNG) contracts with U.S. oil major Anadarko and Italy’s Eni to allow the two companies to sell the government’s share of gas from p...

Eni to Finish Phase I of Gas Plant in 2017

Italy’s Eni will complete the first phase of its gas treatment plant for Egypt’s Zohr field’s production by October 2017. Phase I represents up to 24% of the facility with a treatment capacity at 650...

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, reported Al Wattan News. The deal will be discussed during a board meeting th...

Sonatrach, Eni Agreed to Extend Cooperation

The Algerian state-owned company, Sonatrach, and Italian Eni signed several cooperation agreements in various energy areas, reported All Africa. Sonatrach’s CEO, Amine Mazouzi, and Eni’s CEO, Claudio Descalzi, signed ...

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, reported Reuters. Sources with the Egyptian Ministry of Petroleum confir...

Mozambique Approves Offshore Coral South Gas Project

The Mozambican government’s oil and gas company Empresa Nacional de Hidrocarbonetos (ENH) will have to pay $800m for its share of 10% in the natural gas exploration project in Area 4 of the Rovuma Basin, informed Maca...

Page 47 of 66

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