Eurasia Journal News

Eni: To Form Joint Operating Copany with JSC NC KMG for the Isatay Block

JSC KazMunayGas (KMG) Chief Executive Officer, Sauat Mynbayev and Eni’s CEO, Claudio Descalzi signed an agreement today at the Foreign Investors’ Council in Astana. The agreement renews the conditions for the transfer to Eni of 50% of the subsoil use rights in the Isatay block, located in the Caspian Sea, …

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Eurasia Journal News

Rosneft and Eni To Extend Cooperation in Russia and Abroad

Rosneft and Eni S.p.A. entered into a Cooperation extension agreement in the areas of upstream, refining, marketing and trading during the visit of an Italian delegation to Russia. The document was signed by Rosneft CEO Igor Sechin and Eni CEO Claudio Descalzi in the presence of Russian President Vladimir Putin …

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Eurasia Journal News

Eni Signs MoU with Gazprom

Gazprom CEO Alexey Miller and Eni S.p.A. CEO Claudio Descalzi today signed a Memorandum of Understanding. The document reflects the parties’ interest in analyzing the prospects for cooperation in developing the southern corridor for gas supplies from Russia to European countries, including Italy, as well as the modernization of the …

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Eurasia Journal News

Eni Sells a 30% Stake in the Shorouk Concession, Offshore Egypt, to Rosneft

Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where the supergiant gas field Zohr is located. Eni, through its subsidiary IEOC, currently holds a 90% stake in the block following the recent dilution of 10% to BP which completion is ongoing. …

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Eurasia Journal News

Gazprom CEO, Alexei Miller, meets with Eni CEO Claudio Descalzi in St. Petersburg

The Chief Executive of Gazprom, Alexei Miller today met with Eni CEO Claudio Descalzi. During the meeting, they discussed the dynamics of Italy’s gas market and the prospects of Italian and European gas supply from Russia, also from alternative sources. The two companies also confirmed their continued close partnership in …

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Eurasia Journal News

Kashagan: Delivers First Batch of Oil

Eni announces that the first batch of export crude oil has been shipped from the onshore processing plant of the giant Kashagan oil field. Following the successful pipelines replacement, the field has been recently re-opened. Production is expected to gradually increase up to a first level of 180,000 barrels per day, …

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Eurasia Journal News

Oil and Gas Climate Initiative: CEO’s Call For Climate Change Action

CEO’s of 10 global oil and gas companies make collaborative declaration on climate change: – Call for an effective climate change agreement at COP21. – Strengthen actions and investments to contribute to reducing the GHG intensity of the global energy mix. – Support the implementation of clear stable policy frameworks …

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Eurasia Journal News

Oil and Gas Climate Initiative: CEO's Call For Climate Change Action

CEO’s of 10 global oil and gas companies make collaborative declaration on climate change: – Call for an effective climate change agreement at COP21. – Strengthen actions and investments to contribute to reducing the GHG intensity of the global energy mix. – Support the implementation of clear stable policy frameworks …

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World CIS FSU Oil Gas News

Eni Awarded Exploration Company of 2015 by the Petroleum Economist

Eni is winner of the Petroleum Economist Award, established in 2006 by the prestigious Petroleum Economist, as Exploration Company of the Year. During a ceremony held yesterday in London, a panel of independent experts representing all areas of the world of Energy, led by the Secretary General of OPEC Abdalla …

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Eurasia Journal News

Eni: Discovers Super Gas Giant at Zohr in Eygpt

Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in the Shorouk Block, signed in January …

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