Italy | Egypt Oil & Gas - Part 8

EGPC to Pay Eni in EGP

EGPC has reached an agreement with Eni to pay the Rome-based multinational oil and gas company its $650m receivables in the Egyptian pounds.

Russia Mulls EU Southern Gas Routes with EC

Russian Energy Minister, Alexander Novak, has declared that Russia is ready to consider any mutually beneficial options for delivering gas to Southeastern European countries – Greece and Italy – including through Bul ...

Italy’s Eni Unveils 420MW Renewables Plan

Italian oil and gas giant ENI plans to develop 420MW of renewable energy projects, predominantly solar PV, close to its existing industrial gas plants across Italy, Egypt and Pakistan.

Pakistan, Italy Likely to Sign LNG Supply Deal

Pakistan and Italy are likely to sign a government-to-government deal for the supply of liquefied natural gas (LNG), as Italian firm Eni has offered to provide gas to Pakistan, according to officials familiar with th ...

Eni Declares Force Majeure on Nigeria’s Brass Crude

Italia's Eni has declared a force majeure on Nigeria's Brass River grade of crude oil, once again throwing a spotlight onto the unreliability of exports from a country plagued by oil theft.

Italian Referendum Fails to Restrict Offshore Drilling

Oil and gas producers in 26 areas offshore Italy will be able to drill until their fields run dry, after a referendum failed to draw enough voters to re-instate a deadline on the concessions.

Italy’s Saipem to Work on Offshore Gas Pipeline

Italy's Saipem has bagged an order to lay the subsea Trans Adriatic Pipeline (TAP) that will bring Azeri gas into Italy, the oil contractor said. The company said work on the 105-kilometer section running from Albani ...

Italy and Iran Ink Energy Deals Potentially Worth Billions

Italy and Iran signed deals potentially worth billions when Prime Minister, Matteo Renzi, visited Tehran seeking a strong Italian foothold in a nation hungry for infrastructure investment as it emerges from financial ...

Algeria Sees Surge in Gas Exports to Europe in Q2

Algeria has seen an unexpected surge in pipeline gas exports to Italy and Spain at the start of Q2 of 2016.

Eni Acquires License for Ghana Offshore Oil&Gas Exploration

Italy’s Eni oil and gas company has been awarded an exploration license off the coast of Ghana. The new offshore licence, the Cape Three Points Block 4, in the prolific Tano basin, and it is expected to start produci ...

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