Eni | Egypt Oil & Gas - Part 53
Eni Plans $14b in Cost Cuts, Asset Sales
Eni plans to cut investments and sell down stakes to help it prop up dividends. Company's CEO said the disposals will be mainly through the dilution of stakes in recent discoveries, picking out gas fields in Mozambiq ...
Oil Minister Follows Up on Development of Zohr Field
Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, met with the Higher Committee, comprised of the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), Pe ...
Eni Flows Gas at Zohr 2X Appraisal Well
Italy-based Eni has announced that its Zohr 2X appraisal well in the Shorouk block offshore Egypt has delivered up to 44mscf/d of gas during production tests.
Eni Opens Three New Plants in Iraq’s Zubair Field
Italian energy company Eni has opened three new plants for oil, gas, and water treatment in the Zubair oil and gas field in Southern Iraq.
Eni’s New Well in Nile Delta to Come Online in March 2016
The Italian multinational oil and gas company Eni has successfully drilled the Nidoco North 1X well, in the exploration prospect of Nooros East, located in the Abu Madi West license, in the Nile Delta. Ministry of Petroleum Announces the Launch of PetroShorouk
Minister of petroleum and Mineral Resources, Tarek El Molla approved the formation of the joint venture company, PetroShorouk Petroleum, for the development of the Zohr field. The joint venture is between the Egyptia ...
Cyprus to Hold 3rd Gas Exploration Licenses Round
The government of Cyprus announced that it would push ahead with a third licensing round to search for potential natural gas deposits in its Exclusive Economic Zone (EEZ).
Ghana Striving for Economic Recovery Seeking Oil Output Boost
Ghana's President, John Dramani Mahama, has projected country’s oil production to hit 0.5mb/d in 2020 by adding oil from recently discovered reservoirs of Greater Jubilee, made by Eni, to the current output of 120,00 ...
