Italy | Egypt Oil & Gas - Part 6

Algeria to Build New Pipeline by 2020: Sonatrach

Algerian state-owned Sonatrach will invest $280 million to build a gas pipeline that will link to two existing pipelines between Spain and North Africa, Sonatrach Vice President Ahmed Mazighi told Reuters. The 197 km ...

Algeria Awards $248M EPC Contract to Maire Tecnimont

Italian Maire Tecnimont has been provisionally awarded an engineering, procurement, and construction (EPC) contract worth $248 million by Algerian national oil company Sonatrach to build a liquefied petroleum gas (LPG...

Sisi Discusses Energy Sector Cooperation with Italian Deputy PM

Egyptian President Abdel Fattah El-Sisi and Italian Deputy Prime Minister Luigi Di Maio discussed energy sector cooperation during a meeting on August 29, Al Ahram reported. The two officials talked about Eni’s ...

Algeria Pens Gas Supply Deals with Spain, Italy

Algerian state-owned firm Sonatrach has signed gas supply deals with Spain and Italy’s Eni, Reuters reported. Algeria will supply 9 billion cubic meters of gas per year to Spain for nine years. Italy’s Eni will receiv...

El Molla Discusses Egyptian-Italian Collaboration

Egypt oil minister Tarek El Molla discussed Egyptian-Italian collaboration with the Italian Ambassador to Cairo Giampaolo Cantini on June 3, Egypt Oil & Gas reports. El Molla and Giampaolo tackled Egypt’s plans to...

Enel, Algeria Negotiate Natural Gas Contracts

Enel is negotiating new natural gas contracts with Algeria to replace current contracts set to expire soon, Reuters reports. The company is looking to delink its natural gas contracts from the price of oil, the CEO of...

Italian Amb.: Egypt’s Oil & Gas Production Promising

The Italian Ambassador, Gampolo Cantini, noted the promising nature of Egypt’s oil and gas production during a meeting with the Minister of Petroleum and Mineral Resources, Tarek El Molla, Egypt Oil & Gas reports....

Italy Cracks Down on Libyan Oil Smugglers

Italian police arrested six individuals suspected of smuggling oil into the country from Libya, Reuters reports. Arrest warrants have been issued for three others. Authorities believe that the smuggling ring sold at l...

Egypt to Repay Half IOCs Arrears

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Moll, stated that Egypt will repay half of its dues to international oil company (IOCs) in weeks. The country’s arrears for IOCs were estimated at $...

Iran Shipped Oil to Eni

National Iranian Oil Company (NIOC) has signed a short-term contract with Eni to sell crude, as it seeks to revive the agreement it had with the Italian oil major prior to sanctions on Tehran, Reuters reported. NIOC’s...

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