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.
The Italian energy company Eni has discovered gas at an offshore zone in Congo. The block has potential of 250-350m barrels of oil equivalent and over 300,000 cub m of gas per day.
Italy's ENI and Angola's state oil company Sonangol have agreed to finalize the evaluation of a gas field project that could generate up to 1.5 gigawatts of electricity for the southern African nation.