The precise number of dead is not yet known. Local media have put the figure at 2,000 dead, but thousands are missing. The Red Crescent has said that 10,000 people are missing.
In Cote d’Ivoire, the service company has won a subsea umbilicals, risers and flowlines (SURF) contract for Baleine Phase 2. Eni began producing at this field in August.
NNPC “reserves its rights” over the breach. Failure to obtain approval allows NNPC E&P Ltd (NEPL) to “invalidate the purported assignment” to Oando.
A number of companies have come to explore Morocco’s offshore, drawn in by attractive tax rates and geological models, but have been largely disappointed.
These four OMLs attributed 24,000 barrels of oil equivalent per day to Eni net in 2022.
The Prospector 5 will now be under contract until May 2026, while the Natt is under contract until December 2025.
Eni discovered Baleine in September 2021. It took the final investment decision around six months later.
Transocean has reported the day rate for the rig is $365,000 under the one-well contract.
Saipem has secured a major contract for engineering and commissioning work on a new gas module for Libya’s Bouri field.
Azule Energy has awarded TechnipFMC work to supply flexible pipe for its Ndungu project offshore Angola.
Neptune Energy buyer Eni noted lower prices and an impact from UK windfall tax
Eni's Plenitude renewables arm is on track to meet its profit target for 2023, as it prepares to list shares within the next two years and pushes to increase clean power generation, the unit’s chief executive officer said.
Indonesia accounted for 0.1% of Chevron’s production in 2022. It lost the Rokan block in August 2021, which had contributed 130,000 bpd the previous year.
A top oil and gas analyst has given reasoning for Neptune Energy’s decision not to go down the public listing route.
Eni acquired its environmental licence for Coral Sul in 2015. The FLNG facility shipped its first cargo in November 2022.
Eni reports production from 18 blocks, of which it operates 12 – with 10 offshore and two onshore. In the upstream, its focus is around the deep waters off Pointe Noire and, onshore, in Koilou.
Springfield is in conflict with Eni over this field. Springfield drilled the Afina discovery in November 2019.
Analysts have highlighted Neptune Energy’s bountiful gas reserves as a driving force behind its impending takeover.
Phase 2 will involve the use of an existing FPSO. Production is due to start by the end of 2024. This will allow Eni to export oil, while it will send gas onshore via a pipeline to power plants.
At over $8billion, big company corporate venture capital investment (CVC) in clean energy start-ups ran at a record high last year.
Following the sale of the bulk of its North Sea assets to Ithaca Energy, Summit has embarked on a new hydrogen-focused joint venture with Progressive Energy.
Flotation talks up Cenos and Green Volt; its next towering North Sea floating wind projects, and how it intends to ensure UK ports are involved.