Italy | Egypt Oil & Gas - Part 9

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 ...

Italy’s Economic Minister Resigns Amid Oil Probe

Italy’s Economic Development Minister has resigned amid allegations that she passed along confidential information to her boyfriend that helped his business interests, related to contracts with French oil giant Total ...

Exxon Mobil Eyes Eni’s Gas Field in Mozambique

Exxon Mobil is in talks to buy a stake of around 15% in Italian oil major Eni's giant Area 4 gas field in Mozambique.

Eni Plans $14b in Cost Cuts, Asset Sales

Eni plans to cut investments and sell down stakes to help it prop up dividends. Company's CEO said the disposals will be mainly through the dilution of stakes in recent discoveries, picking out gas fields in Mozambiq ...

Italy to Hold Referendum on Offshore Drilling

Italy has set 17th April as the date for a referendum on the duration of offshore drilling for oil and gas in Italy. The Constitutional Court gave the green light to the decision welcomed by regional councils and env ...

Italy to Upgrade Egypt’s MIDOR, Other Energy Projects

Italy has agreed to upgrade Egypt’s Middle East Oil Refinery (MIDOR), participate in building a complex for petrochemical industries in Ain Sokhna, and update a number of combined-cycle power plants, Head of the Cair ...

Ghana’s Opposition Calls for Review of ENI Oil&Gas Deal

Ghana’s leading opposition, the New Patriotic Party (NPP), asked the Italian Prime Minister, Matteo Renzi, –during his two-day visit to the country– to review the terms of a deal between Italian oil company, ENI and ...

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