Eni | Egypt Oil & Gas - Part 57

Drilling Begins at Zohr Field

Italian firm ENI started drilling 20 wells at the Egypt’s Zohr supergiant offshore gas field – discovered in August 2015 – on December 26th at an estimated cost of $12b, Egypt’s government press rele...

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, Reuters reported. Ogoda-Brass and Tebidaba-Bra...

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, according to Reuters. ...

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 told Bloomberg TV, that the $200b cuts in oil investment in 2015 will likely continue next year, raising concerns that this may create an imbalance between supply and demand. As...

ENI Mulls Gas Contracts Cancellation

Italian energy company ENI ponders a cancellation of 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, Reuters reported. Companies’ operations in ...

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, PennEnergy reported, despite disappointing first round of exploratory drilling in 2014. T...

Africa’s Oil, Gas Industry to See Rapid Growth in 2016

Oil and Gas Technology published a Procorre consultancy report predicting a 2016 rapid growth of Africa’s oil and natural gas industry, expending a surge in the production capacity of 8m b/d of crude oil, as rec...

Mexico Expands Offshore, Onshore Production via International Companies

Italian ENI has signed its first 25-year long production-sharing contract with the Mexican Comisión Nacional de Hidrocarburos (CNH) for oil and gas production in three fields in the Bay of Campeche offshore Mexico, Oi...

Page 57 of 66

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