Italy | Egypt Oil & Gas - Part 4

Eni, CDP Equity Form Joint Venture to Produce Electricity from Renewable Sources

Eni and CDP Equity have formed GreenIT, a new joint venture (JV) with cumulative investments amounting to over € 800 million in five years, for the development, construction, and management of plants, targeting the pr...

Egypt Maintains EMGF Presidency Until 2022

The fourth ministerial meeting of the Eastern Mediterranean Gas Forum (EMGF) convened on March 9 and concurred that Egypt will continue its presidency of the EMGF led by the Minister of Petroleum and Mineral Resources...

Algeria’s Gas Exports to Spain Jumps to 9.6 bcf in 2020

Algeria’s natural gas exports to Spain recorded 9.6 billion cubic feet (bcf) during 2020, representing 29% from the market stake to become the first supplier of natural gas for Spain, a statement issued by Sonatrach a...

Eni gas e luce, Be Charge Sign Agreement for Electric Mobility Transition

Eni gas e luce, which is a subsidiary of Eni company, has signed an agreement with Be Charge company for developing the charging infrastructure for electric mobility. This came as a part of Eni’s decarbonization and e...

Libya’s NOC Discusses Boosting Cooperation with Italy

The Chairman of the Board of Directors of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, met with the Italian Ambassador to Libya, Giseppe Puccino, and his delegation to discuss ways to boost cooperation ...

Eni Acquires 20% Stake of Largest Offshore Wind Project in UK

Eni announced entering the world’s largest offshore wind project for producing electricity in the United Kingdom (UK) after acquiring a 20% stake from Equinor New Energy and SSEW Renewables of Dogger Bank (A and B) pr...

El Molla Expects Oil Prices to Average Around $50/bbl in 2021

Oil prices are expected to average around $50 per barrel (bbl) until the end of 2021 when a vaccine is available, Minister of Petroleum and Mineral Resources, Tarek El Molla, stated during the sixth edition of the Med...

Al-Sisi Calls For Boosting Cooperation with Eni

President Abdel Fattah Al-Sisi has called for boosting Egypt’s cooperation with the Italian giant Eni and for removing any obstacles that may face the company’s business, according to Egypt’s Preside...

Update: Eni Might Consider Dana Gas’s Egyptian Portfolio

Eni has refuted earlier statement regarding its lack of interest in Dana Gas’s Egyptian portfolio, according to Reuters. Eni is not entirely ruling out a possible interest in the Egyptian assets of Dana Gas, unlike wh...

Damietta Port Cooperates with Italy to Supply Ships with LNG

Damietta Port ِAuthority’s Chairman, Waleed Awad, has received an Italian delegation from the Port of Bari, the Italian Chamber of Commerce, and other Italian logistics firms, aiming to highlight Egypt’s strategy to b...

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