Eni scores Western Desert hat trick
Eni has discovered a more resources in Egypt’s Western Desert, in keeping with its plans to deliver production to market quickly.
Eni
North-east Wood Group wins contract on rival carbon capture bid in England
A north-east engineering giant founded by the family of Sir Ian Wood has won a design contract on a carbon capture project in England that beat out a rival bid in Scotland in a recent competition.
Chevron and Eni closer to striking a deal on IDD
SKK Migas, Indonesia’s upstream regulator, said Italy’s Eni (BIT:ENI) is closer to a takeover bid for Chevron’s (NYSE:CVX) giant Indonesia Deepwater Development (IDD).
Eni to exit South Africa offshore oil block amid tech challenges
Eni is pulling out of plans to explore for oil with Sasol in a large block off South Africa’s southeast coast due to concerns over the technical challenges of drilling in deep waters, according to two people familiar with the decision.
ICJ finds for Somalia in offshore carve-up
The International Court of Justice (ICJ) has found in favour of Somalia in a ruling on maritime boundaries in the Indian Ocean.
Eni to sell stake in gas & power retail, renewable unit in IPO
Eni will sell a minority stake of its Gas&Power retail and renewable businesses in an initial public offering.
Eni, Cote d’Ivoire talk Baleine development
Eni CEO Claudio Descalzi has held talks with Cote d’Ivoire President Alassane Ouattara on plans to fast track the development of the Baleine 1-X discovery.
North Star in discussions with ScotWind developers following Dogger Bank success
Bosses at North Star have credited their Dogger Bank offshore wind contract with opening the door for securing future renewables work.
Cyprus restarts drilling push with Exxon, Eni talks
Cypriot President Nikos Anastasiadis has held talks with ExxonMobil ahead of drilling planned for the end of the year.
Eni’s ILX plans continue run of success with Cabaça North
Eni has started up the Cabaça North development in Angola’s Block 15/06, adding another 15,000 barrels per day to the local hub.
Flurry of African exploration incoming
Exploration companies big and small are warming up for a busy next 12 months – although some have warned this may be the last such push in the energy industry.
Sonangol takes loss but presses ahead with IPO plans
Sonangol intends to go ahead with an IPO in the coming years, although the company did report a $3 billion net loss for 2020.
Santos and East Timor sign pact for potential $1.6bn CCS scheme at Bayu Undan
Australia’s Santos today announced that it has signed a memorandum of understanding (MoU) with East Timor’s regulator ANPM to progress a carbon capture and storage (CCS) project, estimated to cost $1.6 billion, at the ageing Bayu Undan field in the Timor Sea. But low returns and high complexity threaten the viability of the proposed scheme.
Oil and gas majors told to prepare for ‘major production drop’ by 2030s
Oil and gas majors are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
Eni, Mubadala sign energy transition agreement
Eni has struck a memorandum of understanding (MoU) with Mubadala Petroleum on hydrogen and carbon capture and storage (CCS).
‘Collaboration not competition’ key to CCS, says industry expert
Collaboration rather than competition will “define the success” of carbon capture and storage (CCS) in the UK, an energy expert has predicted.
Eni eyes more drilling offshore Vietnam
Italy’s Eni is believed to be carrying out studies in Blocks 115 and 116 offshore Vietnam with an eye to planning a single-well drilling campaign during the first-half 2022, Westwood Global Energy said in its latest report. The blocks are a short distance from Eni’s large Ken Bau discovery offshore Vietnam.
Eni breaks open new play offshore Cote d’Ivoire
Eni has made a major discovery offshore Cote d’Ivoire at its Baleine-1x well.
Buyers question ‘carbon-neutral LNG’ cargo credentials
Over the past year or so, liquefied natural gas (LNG) producers, as well as buyers in North Asia, particularly Japan, have been quick to announce their involvement with so called ‘carbon-neutral LNG’ cargoes. However, some LNG buyers at the Future Energy Asia conference questioned whether LNG can really be carbon neutral.
DOF Subsea extends Angola work
DOF Subsea has won a further six-month extension for its Skandi Seven vessel in Africa, the company has reported.
Whittaker Engineering: UK has ‘perfect opportunity’ with market in Mexico
More than a decade since launching its business in Mexico, Whittaker Engineering is still, quite literally, finding new routes to explore.
Eni set to ship carbon neutral LNG to Taiwan
Italy’s Eni will ship a carbon-neutral liquefied natural gas (LNG) cargo from Indonesia to CPC Corporation in Taiwan.
TotalEnergies eyes stake in giant North Sea wind farm
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials.
Sea battles
We think of the sea as being a large empty space but the energy transition is changing the UK’s seascape radically.
East Timor’s Bayu-Undan production boost exceeds expectations
Santos, which operates the Bayu-Undan field offshore East Timor, said today that production from its Phase 3C infill drilling program has started with the first well producing a better than expected outcome.