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Eni CEO doesn’t rule out interest in Dana Gas Egypt assets, but not a priority

Posted: November 12, 2019 at 4:00 pm   /   Oil & Gas

Eni’s chief executive does not rule out a possible interest for the Egyptian assets of Dana Gas but says any potential bid is unlikely since the Italian major already has a lot of resources in the area. Earlier this year United Arab Emirates’ Dana Gas hired an adviser for the possible sale of its assets […]

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Eni CEO

Eni is not interested in acquiring Dana Gas Egypt portfolio of assets

Posted: November 12, 2019 at 12:30 pm   /   Oil & Gas

Italy’s Eni is not looking to acquire the Dana Gas’ portfolio of assets in Egypt, Eni CEO Claudio Descalzi tells Bloomberg TV. Descalzi stressed that Eni is satisfied with its portfolio for the time being and plans to focus on developing current assets before biting off more. Dana Gas had received offers for buying its […]

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Nile Delta

BP, Eni begin production from two wells at Baltim South West field offshore Egypt

Posted: November 6, 2019 at 10:39 am   /   Oil & Gas

BP and Eni have begun production from the first two exploration wells in the Baltim South West offshore natural gas concession, according to a cabinet statement. The two wells have a combined output of 190 mmcf/d and 1,300 bbl/d of condensate. Eni had suggested the field holds 1 tcf of gas following the results of […]

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Eni Egypt

Eni highlights 2019 exploration track record with six offshore discoveries

Posted: October 29, 2019 at 12:37 am   /   Oil & Gas

Eni delivered six offshore discoveries as operator during the first nine months of the year. According to the company’s latest results statement, three of the finds were in block 15/06 off Angola, bringing the number of new fields proven since exploration resumed on the block last year to five. Eni estimates the cumulative resources at […]

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Eni

Eni acquires 70% of Edison’s stake in NE Ha’py offshore gas concession

Posted: October 27, 2019 at 12:34 pm   /   Oil & Gas

Eni has acquired 70% of Edison’s stake in Block 12 of its Northeast Ha’py natural gas concession in the Mediterranean, an unnamed EGAS source said on Thursday, according to Reuters. The source did not disclose further details on the sale of the block, which Edison won in a 2015 bid round. The acquisition comes as […]

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Eni

Eni announces a new oil discovery in the Gulf of Suez offshore Egypt

Posted: October 25, 2019 at 11:50 pm   /   Oil & Gas

New resources discovered in the Gulf of Suez offshore Egypt: New resources discovered in the Abu Rudeis Sidri development lease, in the Gulf of Suez, where an appraisal well of the discovery of Sidri South, announced last July, was drilled. A rapid development plan for the new discovery with a “fast-track” approach, leveraging on existing […]

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Eni

Italy’s Eni says it does not want “gas well war” offshore Cyprus

Posted: October 19, 2019 at 4:15 pm   /   Oil & Gas

The head of Italy’s Eni said Thursday the oil and gas group would not drill off Cyprus should a row with Turkey over sizeable natural gas deposits see either side send in warships. “I am not worried… (but) if someone turns up with warships, I won’t drill wells,” Claudio Descalzi said. “I certainly don’t want […]

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BP

BP invests $35 billion in Egypt, Eni eyes drilling 20 exploration wells

Posted: October 19, 2019 at 3:59 pm   /   Oil & Gas

BP aims to develop Qattameya natural gas field: Officials of several major oil and gas firms have revealed their plans for investing in the Egyptian market during the tenth Mediterranean Offshore Conference and Exhibition (MOC) on Tuesday. British Petroleum Total investments of British Petroleum (BP) in Egypt have exceeded $35 billion, with plans to expand […]

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Eni MOC

Zohr field’s natural gas production to exceed 3 bcf/d this month – IEOC Chief

Posted: October 16, 2019 at 3:44 pm   /   Oil & Gas

Production from the 13 wells at the giant Zohr natural gas field is expected to surpass 3 bcf/d by the end of October, up from 2.7 bcf/d in August, Eni IEOC JV boss Luca De Caro said on the sidelines of the Mediterranean Offshore Conference in Alexandria, the Oil Ministry said in a statement. Eni […]

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Eni

Eni starts production of Baltim SW field offshore Egypt in record time

Posted: September 18, 2019 at 12:33 pm   /   Oil & Gas

Eni successfully started-up production from the offshore Baltim South West gas field in Egypt. Discovered by Eni in June 2016, the field goes on-stream in a record time. It lies within the Great Nooros area in which Eni first recognised great gas production potential and where it is conducting other new exploration projects. Eni announces the […]

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