Eni announces a new oil discovery in the Gulf of Suez offshore Egypt
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 […]
Eni focused on African opportunities
One company pushing ahead with operations around Africa is Eni, which continues to make discoveries and sell down finds, writes Nicholas Newman. African exploration prospects have taken a hit over the last two years but, as Eni’s successes demonstrate, there is plenty of potential still worth securing. The Italian company has almost 4,900 oil and […]