Italian energy giant Eni has made a new oil and gas discovery in an exploration well in Block 9 in the Sureste Basin, offshore Mexico.The discovery was made on the Yopaat-1 EXP exploration well, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina.The preliminary estimates indicate a discovered potential of around 300-400 million barrels equivalents (Mboe) of oil and associated gas in place…
Italian oil and gas giant Eni has concluded the sale of its participation interest in several upstream permits in Congo to Perenco, as it shifts focus on its major developments in the country.Eni and Perenco did not disclose any additional details regarding the value of the deal…
Italian energy giant Eni has made a significant oil and gas discovery in block CI-205, offshore Côte d'Ivoire, in West Africa.The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021…
Italian oil and gas firm Eni said Monday it had made a significant gas discovery from the Geng North-1 exploration well drilled in North Ganal PSC, about 85 km off the coast of East Kalimantan in Indonesia. 'Preliminary estimates indicate a…
Today, Eni formalized with its Libyan counterpart NOC the revocation of force majeure status on exploration areas A and B (onshore), and C (offshore), where Eni is the operator with a 42.5% stake, along with BP, 42.5%, and the Libyan Investment Authority with 15%…
Italian oil and gas company Eni said Tuesday it had acquired Chevron interests and operatorship in the Indonesian Blocks named Ganal PSC (Chevron 62%), Rapak PSC (Chevron 62%) and Makassar Straits PSC (Chevron 72%), in the Kutei Basin, offshore East Kalimantan…
Italian energy group Eni said that synergies from the $4.9 billion acquisition of private equity-backed Neptune Energy could reach $1 billion as the two groups integrate their operations across key geographies. The acquisition announced on Friday…
Italy's Eni ENI.MI and its Norwegian unit Vaar have agreed to buy private-equity backed Neptune Energy in a deal valuing the assets of the gas and oil producer at $4.9 billion including debt, the two groups said on Friday.The acquisition, which is expected to be completed at the start of next year…
Italy's Snam earlier this week closed the acquisition of a 49.9% of the equity interest directly and indirectly held by Eni in the companies operating two groups of international gas pipelines connecting Algeria to Italy.The scope of the transaction…
Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol, has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day.The total contract value for the firm part of the deal is around $327 million, inclusive of additional services…
Oilfield services company Danos has won a contract with Italian oil and gas company Eni to support brownfield repairs and routine maintenance to its Gulf of Mexico platforms. The three-year contract will utilize Danos’ fabrication, construction…
Italian oil and gas company Eni has signed an agreement with the Algerian Sonatrach to allow Eni to increase the quantities of gas imported to Italy through the TransMed / Enrico Mattei pipeline.The deal to increase the gas flows, under the…
Eni Vietnam B.V., a unit of Italian energy group Eni, is expected to start drilling at the Dan Tranh-1X well in Vietnam's offshore oil block 115/09 from late this month, state oil firm PetroVietnam said on Tuesday.PetroVietnam will invite Essar…
Energy group Eni could list more than 30% of its new retail and renewables business in what is likely to be one of Italy's biggest initial public offerings next year, sources said.The company said last month https://www.reuters.com/business/energy/italys…
Claudio Descalzi, CEO of the Italian oil and gas giant Eni on Friday met with Filipe Nyusi, President of Mozambique, where Eni is working to develop giant offshore gas reserves using a floating LNG unit.Descalzi updated President Nyusi on the Eni-led Coral South Project…
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