Eni | Egypt Oil & Gas - Part 55

Eni Buys Chariot’s Majority Stake in Morocco’s Offshore Project

Chariot Oil & Gas Limited has unveiled a deal with Italian major Eni to sell the majority of its stake in the Rabat Deep exploration project, offshore Morocco, Proactive Investors reported. Eni has taken a 40% sta...

Nigeria Talks to Chevron, Total, Eni to Revamp Refineries

Nigeria is in talks with oil majors Chevron, France’s Total  and Italy’s Eni to receive help for revamping its ailing refineries, country’s Oil Minister, Emmanuel Ibe Kachikwu, told Reuters. Kachikwu...

Exxon Mobil Eyes Eni’s Gas Field in Mozambique

Exxon Mobil, the US company is in talks with Eni to buy around 15% of the Italian major’s Area 4 gas field in Mozambique,  Reuters informed. According to The Wall Street Journal, the acquisition may amount to as...

Eni Plans $14b in Cost Cuts, Asset Sales

Italy’s Eni revealed its intention to cut investments and selling down stakes in oil and gas fields to help it prop up dividends and become a leaner exploration-driven player focusing on gas, according to its 20...

Oil Minister Follows Up on Development of Zohr Field

Minister of Petroleum and Mineral Resources, Engineer Tarek El Molla, met with the Higher Committee, comprised of the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), Pet...

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, Offshore Technology informed. At the time of performing te...

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. The new plants in combination with the existing ones will help to increase the...

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, reported World ...

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 Egyptian...

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). According to a statement, the process will be...

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