ENI News

 

Exxon Discussing Norway Asses Sale with Var Energi

Sep 09, 2019

Oil major ExxonMobil said on Friday it had signed an exclusivity agreement with Var Energi for negotiations regarding a possible sale of Exxon's Norwegian upstream assets.An acquisition of Exxon's production assets in Norway would cement Var Energi's position as the second largest petroleum producer in Norway after Equinor, excluding state-owned Petoro, which manages government stakes in offshore licenses…

Plans for Israeli Gas Exports to Egypt on Track

Sep 09, 2019

Plans to start exporting gas from Israel to Egypt are on track but further steps are still needed before exports can commence, Egyptian petroleum minister Tarek El Molla said on Monday.'Everything is agreed on ... countries (involved) have already given their blessings…

African LNG to Attract $103Bln in 2019

Aug 21, 2019

With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear that liquefaction is viewed as the most profitable strategy for realizing Africa’s gas potential, said Gas Exporting Countries Forum (GECF)…

Gazprom Lead Oil and Gas Growth Worldwide

Aug 16, 2019

Russian giant Gazprom saw the most production growth among world’s exploration and production (E&P) companies during the five-year span from 2014 through 2018.It’s followed by Chinese player PetroChina Company Limited and U.S. shale company EQT Corporation ranking second and third…

Saipem Joins JV for Arctic LNG2 Project

Aug 05, 2019

Italian oil and gas industry contractor Saipem reached a deal on Friday to participate in a joint engineering venture for a liquefied natural gas (LNG) project in the west of Siberia.The subsidiary of Eni said in a press release that it has…

BP and Eni Ink Exploration Deal in Oman

Jul 31, 2019

Supermajors BP and Eni on Wednesday signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil and Gas of the Sultanate of Oman.Block 77 covers a total area of over 2,700 square kilometers…

Neptune Acquires Interests in Offshore Indonesia

Jul 29, 2019

Neptune Energy East Sepinggan, subsidiary of the European exploration and production company Neptune Energy has agreed to acquire interests from the Eni East Sepinggan Limited, a unit of Eni in the Kutei basin production sharing contracts (PSC) offshore Indonesia…

Eni CEO Sues Lawyer for Defamation

Jul 17, 2019

The head of Italian oil group Eni has sued a former legal adviser to the company for defamation after excerpts of the lawyer's written testimony relating to a Nigerian corruption case were published in several newspapers on Wednesday.Eni said…

LNG Project Sanctions Set Records in 2019

Jul 14, 2019

Rystad Energy expects LNG greenfield investment in 2019 to reach almost $103 billion, which will be the biggest investment year for the burgeoning industry to date.A total of 33 million tpa of liquefaction capacity and $29 billion of Capex has been sanctioned so far this year…

Deepwater Leads in Discovered Oil and Gas

Jul 12, 2019

Half of the 6.7 billion barrels of oil equivalent (boe) new conventional oil and gas discoveries in the first half of 2019 were deepwater finds, signalling a return for explorers to high-risk frontier deepwater plays, said analyst Rystad Energy…

Eni, Sonatrach Push Algeria Projects

Jul 03, 2019

Algeria's energy giant Sonatrach and Italian multinational oil and gas company announced the intention to accelerate the development of new oil and gas projects in North Berkine Basin in the Algeria, that will lead to a significant increase in national production…

Eni, Lombardy Pact on Sustainability

Jul 03, 2019

Italy's Lombardy Region and Italian energy company Eni signed a Memorandum of Understanding (MoU) for long-term sustainable growth at Eni’s refinery in Sannazzaro de' Burgondi.Attilio Fontana, President of the Lombardy Region, and Giuseppe Ricci…

Total Launches New Supercomputer

Jun 18, 2019

Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in the sector - will enable its geologists to find oil faster, cheaper and with a better success rate.The Pangea III computer…

ExxonMobil to Redevelop Angola Block 15

Jun 06, 2019

American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum…

BP Sells Egypt Assets to Dragon Oil

Jun 03, 2019

BP said on Monday it has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil, as part of the supermajor’s plan to divest more than $10 billion in global assets over the next two years.Under the terms of the deal…

Current News

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Exxon Appoints Bank to Sell Malaysia Assets

Exxon Appoints Bank to Sell Malaysia Assets

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