Eni | Egypt Oil & Gas - Part 60

EGAS Chairman: Egypt will Close the Gas Consumption, Production Gap by 2018

In exclusive statements made to Al-Borsa, EGAS Chairman Khaled Abdel Badie, said that Eni’s new discovery will definitely contribute towards balancing Egypt’s gas production and consumption  by 2018, once ...

Bombing of Eni JV in Libyan Capital of Tripoli

Three days after ENI’s announcement of “biggest ever” Mediterranean natural gas deposit in the Mediterranean Sea, a car bomb went off in front of the headquarters of Mellitah, an oil and gas joint venture between the ...

Update-2: EGAS to Gain 60% Share of Eni’s New Gas Find in Egypt

EGAS Chairman Khaled Abdel Badie told Daily News Egypt that the agreement with Italy’s Eni will see Egypt’s share of gas production from the Shorouk franchise increase to over 60%. this will occur after the foreign pa...

Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt

The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company’s deepw...

Eni Announces Gas Discovery, Largest Ever for Egypt or Mediterranean

The Italian energy giant Eni announced a massive new natural gas discovery on Sunday, reported Reuters. The discovery was made in Egypt’s Zohr field at a depth of more than 1,400 meters. Several reports are circulatin...

Egypt’s Sisi Meets with Eni’s CEO

President Abdul Fattah El-Sisi met with Eni’s CEO Claudio Descalzi, reported State Information Services. The meeting was attended by Minister of Petroleum and Mineral Resources Sherif Ismail and a number of the ...

Italian Green Power Firm Looking Abroad for Projects, Partnering with Eni

Power grid company Terna is looking to develop new business outside Italy by working with oil major Eni and renewable energy group Enel Green Power on power line projects in places like Latin America and Africa. Terna...

Eni to Weigh Sale of Nigeria Assets Amid Oil Price Drop

Eni SpA, Italy’s largest oil company, is considering selling part or all of its onshore Nigerian operations as it seeks to divest peripheral businesses amid a drop in oil prices, people familiar with the matter said. ...

Eni Strikes Huge Discovery in Nile Delta

Italy’s oil and gas company Eni has discovered gas reserves of up to 15bn cubic meters in the Egyptian Nile Delta, Reuters reported. The discovery was made in Western Abu Madi, 120 km northeast of Alexandria, wi...

Sherif Ismail Signs Update to Eni Agreement

Egypt and Eni on Friday signed an update to the head of agreement reached in March, following the recent discovery of gas reserves of up to 15 billion cubic metres in Egypt’s Nile Delta region. The Italian gas c...

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