Eni Starts Hydrocarbon Production at the Largest Field in the Ivory Coast
The Italian Eni, together with the Ivorian Petroci Holding, has begun hydrocarbon production at the Balein field on the shelf of Côte d’Ivoire. “This milestone has been passed less than two years after the discovery made in September 2021 and less than a year and a half after the final …
Eni Starts Production at Baleine field in Ivory Coast
Italian oil and gas giant Eni has started oil and gas production at the Balein field on the continental shelf of Côte d’Ivoire. This was reported by the press service of the company. This stage came less than 2 years after opening in September 2021 and less than 1.5 years …
Eni Ends Nine-Year Force Majeure on Three Exploration Assets in Libya
Eni and Libya’s state-owned NOC have canceled force majeure on three onshore and offshore blocks almost 10 years later, after they were forced to halt exploration work due to security conditions. Eni has formalized with its partner, the Libyan national oil and gas company NOC, the cancellation of force majeure …
Eni and Var Energi Will Buy Leading Independent Gas Company
Italian energy company Eni and its Norwegian oil and gas subsidiary Var Energi will acquire Neptune, a leading independent low-emission gas exploration and production company focused on gas operations in Western Europe, North Africa, Indonesia and Australia, for $4.5 billion. from the Eni release. “Eni will acquire assets comprising the …
Eni is in Closed Talks to buy Neptune Energy
Italian energy company Eni is in closed talks to acquire Neptune Energies, an oil and gas company, in a deal worth between $5 billion and $6 billion, Reuters reported citing its own sources. Italian energy giant Eni has entered into exclusive talks to acquire privately-backed gas and oil producer Neptune …
Well Drilling on Lebanese Offshore Block 9 to Start in Q3
TotalEnergies has signed a trilateral consortium agreement with QatarEnergy and Eni to explore for oil and gas in two offshore blocks off the coast of Lebanon, known as Blocks 4 and 9. After months of negotiations, QatarEnergy acquired a 30% stake in the consortium, leaving TotalEnergies and Eni with 35% …
QatarEnergy Will Develop Fields in Lebanon Instead of NOVATEK
The Qatari oil and gas company QatarEnergy has taken the place of Russia’s Novatek in a project to develop deposits in the exclusive economic zone of Lebanon in the Mediterranean Sea. According to a RIA Novosti correspondent, on Sunday in the Lebanese capital of Beirut, a ceremony was held to …
Eni launches the World Energy Review 2022
Eni’s 21st statistical review highlights the challenge that the energy industry is facing to improve universal access to affordable energy while, at the same time, accelerating the transition process towards a more sustainable energy mix Eni has released the 21st edition of its annual energy statistics report, available online at …
Abu Dhabi National Oil Company (ADNOC) and Eni Explore Further Opportunities to Positively Contribute to Increasing Worldwide Gas Supply Security
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Abu Dhabi National Oil Company (ADNOC) Managing Director and Group CEO, and Claudio Descalzi, Eni’s Chief Executive Officer, met in Abu Dhabi today to discuss the progress of the company’s activities in the Emirate of …
Eni: Results for the Second Quarter and Half Year 2022
Eni’s Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the second quarter and first half 2022. Eni CEO Claudio Descalzi said: “Amid uncertainty and volatility in markets we moved fast to secure new energy supplies. After new gas agreements with our partners in Algeria, …