Newsletter subscribe
Tag: Eni
eni

Eni reported to be in preliminary talks to buy Neptune Energy for $5-6 billion

Posted: December 3, 2022 at 12:12 pm   /   Oil & Gas

Eni is in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy for around $5 billion -$6 billion, a source with knowledge of the matter said on Wednesday, adding that no official bid had been submitted. Neptune produces around 130,000 barrels of oil equivalent per day (boed), three-quarters of which is gas. […]

No Comments read more
eni

Eni looks to establish 10 GW of solar & wind projects in Egypt, boost gas exports to Europe

Posted: September 1, 2022 at 10:48 am   /   Oil & Gas

Eni to go big on Egypt’s renewable energy sector? Eni could establish 10 GW of renewable energy projects in Egypt “in the forthcoming years,” the Italian energy giant said in a statement. The company’s CEO, Claudio Descalzi, “agreed on the opportunity to implement” the solar and wind projects during a meeting with President Abdel Fattah El Sisi […]

No Comments read more
Eni QatarEnergy

​Eni partners QatarEnergy in the world’s largest LNG project

Posted: June 20, 2022 at 12:52 pm   /   Oil & Gas

Eni enters the world’s largest LNG project in Qatar: Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project. The Minister of State for Energy Affairs, President and CEO of QatarEnergy, Saad Sherida Al-Kaabi, and Eni CEO, Claudio Descalzi, signed the partnership agreement for the creation […]

No Comments read more
Eni

Eni to work on Egypt’s first-ever carbon capture pilot project

Posted: May 8, 2022 at 11:49 am   /   Renewables

Oil Ministry announces launch of Egypt’s first pilot carbon capture project with Eni + raft of other green energy initiatives. The Oil Ministry and Eni are implementing a pilot carbon capture project at the Italian energy firm’s Meleiha concessions in the Western Desert, according to a ministry statement. The pilot project — which marks Egypt’s first carbon […]

No Comments read more
Eni Western Desert

Eni announces three new discoveries in the Western Desert of Egypt

Posted: April 14, 2022 at 1:32 pm   /   Oil & Gas

New oil and gas discoveries in the Meleiha concession add 8,500 barrels of oil equivalent to production. Eni announces new oil and gas discoveries in the Meleiha concessions, in Egypt’s Western Desert, for approximately 8,500 barrels/day of oil equivalent. These new discoveries have already been connected and tied into production, in line with the Infrastructure-led […]

No Comments read more
LNG-tanker

Will Italian oil giant Eni help boost Egyptian LNG exports to Europe?

Posted: March 20, 2022 at 12:37 pm   /   Oil & Gas

Eni to work with Egypt + others to find alternative gas for Europe: Eni pledged to bring more than 14 trn cubic feet of additional gas to the global market and mitigate Europe’s energy crisis by “leveraging established alliances with producing countries,” including Egypt, the Italian energy giant announced in a press release outlining its 2022-2025 strategy. This […]

No Comments read more
Snam

Snam joining Eni in Mediterranean gas trunkline system

Posted: March 16, 2022 at 10:27 pm   /   Oil & Gas

Eni has agreed to sell Snam a 49.9% stake in companies operating two pipeline systems taking gas from Algeria to Italy. These comprise the offshore gas pipelines from the Tunisian coast to Italy and the onshore gas pipelines from the Algeria and Tunisia borders to the Tunisia coast. Under the agreement, Eni will transfer its […]

No Comments read more
Eni

Eni awarded five Exploration Licenses in Egypt 2021 Bid Round

Posted: January 15, 2022 at 9:21 pm   /   Oil & Gas

The licenses are located in the Eastern Mediterranean Sea, Western Desert and Gulf of Suez Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the successful participation to the 2021 competitive “Egypt International Bid […]

No Comments read more
Eni

Eni makes three new oil & gas discoveries in Egypt’s Western Desert

Posted: October 27, 2021 at 8:00 pm   /   Oil & Gas

The three new discoveries are estimated to hold about 50Mboe of hydrocarbon reserves. Eni has made three new oil and gas discoveries in Meleiha and South West Meleiha concessions, in the Western Desert of Egypt. According to preliminary estimates, the new discoveries hold about 50 million barrels of oil equivalent (Mboe) of hydrocarbon in place. […]

No Comments read more
eni

Eni signs agreement with EEHC, EGAS to produce hydrogen in Egypt

Posted: July 10, 2021 at 12:35 pm   /   Oil & Gas

Eni announces that it has signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the technical and commercial feasibility of projects for the production of hydrogen in the country. The parties will conduct a study into joint projects to produce green hydrogen, using electricity […]

No Comments read more