Eni | Egypt Oil & Gas - Part 53
ENI Declares Force Majeure on Nigeria’s LNG Export Plant
ENI has declared force majeure on loadings from Nigeria's LNG export plant due to sabotage on the Ogoda-Brass transport line, planning to reschedule some shipments.
ENI, Sonangol Commit to Update Plans for Lobito Refinery
Angolan state oil company Sonangol signed a commitment with Italian ENI to upgrade current plans for the completion of the Lobito refinery site, delayed over rising costs and financing problems.
Iran Announces Post-Sanction ENI Drilling Project
The National Iranian Drilling Company (NIDC) announced it had signed a memorandum of understanding (MoU) with the subsidiaries of the Italian Company ENI to launch drilling of 40 wells in the South Azadegan oilfield.
ENI CEO: Oil Investment Cuts Raise Concerns
Italy's ENI CEO, Claudio Descalzi said that the $200b cuts in oil investment in 2015 will continue next year, raising concerns that it may create an imbalance between supply and demand.
ENI Mulls Gas Contracts Cancellation
Italian energy company ENI ponders cancellation of its long-term gas contracts with Algeria, Russia, and Norway due to suffered losses of hundreds of millions of Euros, and the impasse at the Turkish Stream gas pipeline. Anadarko, ENI Agree on Gas Extraction in Mozambique
Italy's ENI and US oil group Anadarko Petroleum have signed an agreement to start developing northern Mozambique's offshore gas fields in the Rovuma basin.
Cyprus Renews French Total’s Oil, Gas License
Cyprus has renewed an agreement with French energy company, Total for oil and gas offshore explorations for additional 2 years despite disappointing first round of exploratory drilling in 2014.
Africa’s Oil, Gas Industry to See Rapid Growth in 2016
Africa's oil and natural gas industry is expected to see a rapid growth in 2016, surging its production capacity of 8m b/d of crude oil, as recorded last year.
