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.
Deepwater upstream projects are increasingly important for Southeast Asia, where new investment in production is critical to meet rising demand for oil and gas, as economies continue to expand.
More than 70 bids have been made by companies for the ScotWind offshore leasing round, showing the country’s “scale of potential” for wind development.
Kenya has signed a memorandum of understanding (MoU) with Eni on decarbonisation and biofuel.
Indonesian upstream regulator SKK Migas has asked Shell to complete the divestment process for its Masela Block, which holds the giant Abadi gas field, by the end of this year, reported local media. Chevron is also being pushed to finalise the sale of its Indonesian Deepwater Development (IDD) to Italy’s Eni.
Offshore wind developers have been praised for the “time, effort and investment” they’ve put into their ScotWind applications.
Scotland's first offshore wind leasing round in more than a decade has closed to applicants.
Eni and Sonangol has signed production-sharing contracts (PSCs) for Blocks 27 and 28 with the Angolan regulator.
Scottish offshore wind developer Red Rock Power has teamed up with Italian energy giant Eni to submit a joint bid in the ScotWind leasing round.
Italian oil and gas major Eni has announced its participation in the UK Government’s first carbon capture and storage tender.
Eni has signed a memorandum of understanding (MoU) on producing hydrogen in Egypt.
Eni has made a significant oil find offshore Ghana, close to its existing Sankofa hub, which would allow it to fast track production.
A Ghanaian court has awarded Springfield Exploration and Production a 30% share of revenues from Eni and Vitol’s Sankofa field as of today.
An Eni delegation visited Ghana this week to hold talks on expanding its Sankofa hub, although with no comments on unitisation with the Afina find.
Bosses at Tailwind Energy said the North Sea oil firm’s “tremendous” performance during the Covid pandemic had set up a “year of investment” in 2021.
Eni will work with Indonesian upstream regulator SKKMigas to process and interpret seismic data owned by Indonesia using the Italian major’s proprietary technologies and facilities.
Italy’s Ministry of Justice has launched an administrative investigation of the trial of Eni over alleged corruption in Nigeria.
Sonangol has launched a sales process for eight blocks in line with its exploration and production strategy.
ConocoPhillips is seeking to sell its share in the giant Corridor onshore gas block in Indonesia estimated to be worth more than $1.5 billion. However, given the scale of the project and uncertainties around its future, the US major could struggle to find a buyer.
Italy’s Eni is getting ready to prepare a field development plan for its deep-water Maha field offshore Indonesia after successfully drilling and appraising its Maha-2 well.
BP is considering the transfer of its assets in Algeria to Eni, according to a report from Reuters.
Proposed new regulations signal that the Indonesian government appears to have recognised the importance of supporting carbon capture and storage (CCS) schemes. Such regulations will be crucial to encourage major companies, such as BP and Repsol, to invest in significant new upstream production in Indonesia.
The assets of troubled upstream player Saka Energi could be put up for sale as part of an effort to resolve the heavily indebted company’s financial predicament amid a tussle between Indonesia’s state-owned enterprises (SOEs).
Nigerian National Petroleum Corp. (NNPC) has signed an agreement with its partners on OML 118, home of the Bonga field.
UK oil and gas firm Tailwind Energy has sold its 100%-operated interest in the Conwy field to the British subsidiary of Italian oil firm Eni.