Italy | Egypt Oil & Gas - Part 8

Saipem Wins EPCI Contract to Develop Zohr

Italy’s offshore contractor Saipem has won an engineering, procurement, construction, and installation (EPCI) contract in the Zohr gas field in the Mediterranean Sea. The contract, that is worth more than $1.77b, stat...

Snam SpA Expects Egypt to Resume Gas Exports

Europe’s biggest natural gas infrastructure company, Snam SpA, announced that Egypt is likely to resume natural gas exports thanks to the major discoveries that were made off its shores in the recent years, according ...

Italy to Finalize LNG Supply Deal with Pakistan

Italy is pushing forward the talks with Pakistan to secure a government-to-government LNG contract. Rome has nominated Eni to supply the LNG, but the company will face tough competition from France’s Engie as well as ...

Azerbaijan to Deliver Gas to Europe

Azerbaijan’s Energy Minister, Natig Aliyez, has announced that the country’s natural gas field, Shahdeniz field, situated in the South Caspian Sea, contains sufficient volumes of gas reserves to meet energy demand of ...

Italy Becomes 2nd Largest Importer of Russia’s Gas

Italy has overtaken Turkey to become Russia’s second largest gas importer in Europe after Germany, reported S&P Global Platts. According to Oil Price, Italy has witnessed its second highest increase in demand volu...

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, according to Enterprise. This value represents Eni’s production share from J...

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 Bulg...

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, PV-Tech reported. As part of a d...

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 the...

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, Reuters reporte...

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