Springfield makes billion-barrel find off Ghana
Ghana’s Springfield Exploration and Production has found oil in two areas at its Afina-1 well on its West Cape Three Points (WCTP) Block 2, offshore Ghana.
Eni
Akufo-Addo celebrates gas conversion for Karpowership
Ghanaian President Nana Addo Akufo-Addo has ceremonially launched the generation of electricity, using gas from the Sankofa field.
Omani bid round falls foul of shift away from wildcat E&P
News last week that Russian firm Zarubezhneft was being considered for the development of an offshore oil concession in Oman brought into sharp focus the lack of update provided since the country’s 2019 bid round closed in May.
UK exploration up but success rate ‘falls off a cliff’
Exploration activity in the UK North Sea has picked up substantially since last year, but the success rate has “fallen off a cliff”, an analyst has said.
Valaris wins North Sea contract extensions as part of £220m revenue backlog
Drilling contractor Valaris has announced a number of North Sea contract extensions among a clutch of global deals.
Save the world, shrink the majors, new report says
The seven majors must cut production by 35% by 2040, and emissions by 40%, if the world is to warm by only 1.6 degrees Celsius, according to a new report from Carbon Tracker Initiative.
Eni kicks off drilling on southern North Sea exploration well
Drilling has kicked off at a North Sea exploration well operated by Italian oil and gas firm Eni, supported by French partner Total.
Fast-track times for Eni in Egypt
Reporting success in Egypt’s Gulf of Suez, Eni has said it expects production to begin imminently.
US forfeits $18bn in oil cash due to decades-old law
The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a decades-old law that gave energy companies a break on paying royalties when drilling in deep waters, federal investigators concluded Thursday.
Eni burnishes credentials with Obiafu 41 start
Eni has begun producing gas and condensate from its Obiafu 41 find, with output going to the domestic power market.
Nigeria demands $62billion from oil majors for past profits
Nigeria is seeking to recover as much as $62billion (£50.6bn) from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
Rovuma LNG FID pushed back
The Rovuma LNG project has taken another step ahead but a final investment decision (FID) is now expected in early 2020.
Updated: DoJ ends Eni scrutiny over OPL 245, Algeria
The US Department of Justice (DoJ) has ended its investigation of Eni over the OPL 245 affair and Algeria, the Italian company has said, without taking any further action.
Mainstream Renewable Power could return to Scottish waters following Eni partnership
The boss of Mainstream Renewable Power (MRP) said yesterday that his firm could return for more offshore wind acreage in the Scottish North Sea.
Chrysaor targeting Talbot project sanction next year
Chrysaor has confirmed it is hoping to sanction a new North Sea project next year.
Congo probe reaches Eni’s Descalzi
Eni’s CEO Claudio Descalzi is under investigation over a potential conflict of interest in Congo Brazzaville.
Eni on living through the chaos in Libya
The week the Libyan uprising began in 2011 was one like any other for workers at Italian oil company Eni SpA in the North African country. They played soccer and watched movies, oblivious to the battles with police and mounting deaths in the revolution that toppled Muammar Qaddafi.
Var Energi snaps up ExxonMobil’s Norwegian portfolio for £3.6bn
Exploration firm Var Energi has announced the acquisition of ExxonMobil's Norwegian upstream assets for £3.6 billion.
Kazakhstan seeks additional $1bn from Shell, Eni unit
Royal Dutch Shell Plc, Eni SpA and their partners in the Karachaganak oil and gas venture may be required to pay an additional $1 billion to settle a dispute with Kazakhstan over revenue sharing, said people familiar with the matter.
Eni and Mainstream Renewable Power join forces for UK offshore wind campaign
Oil firm Eni and offshore wind developer Mainstream Renewable Power (MRP) have announced they have joined forces in an offshore wind campaign that will begin in the UK.
OGCI reveals new initiatives to meet Paris goals
The Oil and Gas Climate Initiative (OGCI) today unveiled a series of initiatives aimed at reducing greenhouse gas emissions (GHGs).
Chevron to expand Gulf of Mexico production at St. Malo field
Chevron said Thursday it planned to significantly expand production at its St. Malo field in the deepwater Gulf of Mexico.
BP announces first gas from Egypt’s Baltim SW field
BP has announced first gas from Egypt's Baltim SW (BSW) field two months ahead of schedule.
Majors on the wrong track for emission action
The largest listed oil and gas producers are moving in the wrong direction, according to a new report from Redburn, “Lost in Transition”.
Neptune Energy and Eni to partner in Kutei basin deal
Neptune Energy, Eni and Indonesian state-owned firm Pertamina have partnered in a deal to drill in the West Ganal area in the Kutei basin.