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Tag: Eni
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. […]

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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 […]

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Eni

Eni merges two Western Desert concessions into new Merged Meleiha concession

Posted: June 16, 2021 at 12:47 pm   /   Oil & Gas

Eni signs for the merging of Meleiha and Meleiha Deep concessions into a new concession called Merged Meleiha in Western Desert Egypt: The agreement will unlock considerable resources while will allow to further exploit region’s gas reserves, strengthening Eni’s role as the largest gas producer in Egypt. Eni has signed an agreement with the Arab […]

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Eni

Eni reportedly considering to spin-off West Africa, Middle East assets

Posted: April 24, 2021 at 3:32 pm   /   Oil & Gas

Spinning off operations into new joint ventures could help reduce debt and give capital for funding energy transition plans. Italian energy company Eni is reportedly mulling the separation of its oil and gas businesses in West Africa and the Middle East in a move to cut down its debt. The company will look to spin […]

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Eni

Eni closes deal with its partners for the restart of Damietta LNG plant

Posted: March 11, 2021 at 12:58 pm   /   Oil & Gas

Eni closes agreement with partners for restart of Damietta liquefied natural gas plant in Egypt and amicable settlement of Union Fenosa Gas disputes. Eni announced today that it has closed the agreement signed last December with the Arab Republic of Egypt (ARE), the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS) […]

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Damietta-LNG

New ownership agreement for Damietta LNG plant to be signed next month

Posted: February 24, 2021 at 1:58 pm   /   Oil & Gas

Dispute that put Damietta LNG in a coma to end next month: It seems possible that the plant will be making regular scheduled shipments starting from next month, as a final agreement to establish a new ownership structure for the Damietta LNG plant is due to be finalized on 15 March, Oil Ministry spokesperson Hamdy […]

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Damietta

Damietta LNG plant restarts production, first cargo lifted – Eni

Posted: February 23, 2021 at 1:58 pm   /   Oil & Gas

The first LNG cargo from the Damietta liquefaction plant in Egypt was successfully produced and lifted. This is the first LNG cargo produced by the terminal after it was shut down in 2012. Such event represents an important milestone in the process to complete the agreement reached on December 1st 2020 aimed at settling all […]

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Eni

Eni scales back Egypt daily oil & gas production after demand shock

Posted: February 23, 2021 at 1:50 pm   /   Oil & Gas

Eni’s daily production of oil and gas from its Egypt-based assets fell 18% in 2020, as global energy markets reckoned with one of the biggest demand shocks in history thanks to the pandemic. Figures in the company’s full-year earnings statement show that oil and gas production slumped to 291k barrels of oil equivalent per day […]

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Damietta LNG

Damietta LNG plant to restart with first cargo in February – S&P Global Platts

Posted: January 27, 2021 at 12:27 pm   /   Oil & Gas

Egyptian LNG exports remain strong as Damietta LNG prepares to restart Seven cargoes shipped from Idku so far in January 17 LNG cargoes shipped in Q4 as prices rose Damietta LNG seen loading first cargo on Feb 14 Egyptian LNG exports from the Shell-operated Idku plant — for now the country’s only operational LNG facility […]

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Eni announces new oil discovery and production in Egypt’s Western Desert

Posted: December 23, 2020 at 9:04 pm   /   Oil & Gas

New oil resources discovered in the Western Desert of Egypt with a new exploration well in Meleiha Concession. The new discovery adds 10,000 barrels of oil per day to the current Concession production. Eni announces a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia […]

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