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.
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 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 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.
Italian ENI has signed its production-sharing contract for oil and gas production in the Bay of Campeche offshore Mexico. Mexican government announced it would tender 25 onshore oil and gas fields in mid-December.
The Egyptian General Petroleum Corporation Chairman Mohammed Al-Masry told Egypt Oil & Gas that EGPC agreed totally with the head of Italy’s Eni that the Zohr giant gas field needed to enter into production to help b ...
Eni’s Egyptian subsidiary, IEOC, has signed 3 new amendments to its agreements with the Egyptian government. In a November 12th press release, the company announced the amendments for their concessions of Sinai 12 an ...
Eni's Chief Executive Officer Claudio Descalzi offered to build clean energy in Algeria during a meeting with the Algerian Prime Minister Abdelmalek Sellal along with the energy minister and head of Sonatrach Group.