Eni to relaunch Berkine work in Algeria deal
Eni has signed a number of agreements, including on relaunching exploration and development, with Algeria’s Sonatrach.
Eni has signed a number of agreements, including on relaunching exploration and development, with Algeria’s Sonatrach.
An Italian judge has approved a settlement with Eni over alleged corruption in Congo Brazzaville.
Eni and the University of Strathclyde are joining forces to help Scottish oil workers transition into renewables.
The Petrochemical & Refining Congress, co-hosted by Neste, celebrates its 5th Anniversary on 17-19th of May.
Italy’s Eni has started drilling a key shallow-water exploration well a short distance from its large Ken Bau discovery offshore Vietnam.
A Milan court has acquitted Shell and Eni, and their executives, of allegations of wrongdoing around Nigeria’s OPL 245 licence.
Shipping group North Star is to take on 130 new workers after landing a £270 million contract for the world’s largest offshore wind farm.
Eni has completed a deal settling differences over the Damietta LNG plant.
Italy’s Eni has sold its Pakistan business to Prime International Oil & Gas Company as part of a plan to streamline its upstream portfolio to focus on strategic assets.
Majors, such as BP, Total and Shell, as well as Asian national oil companies (NOCs), are stepping up their investments in India’s rapidly expanding gas and renewables markets.
Acteon’s UTEC will begin survey work in April on the Coral Sul floating LNG (FLNG) project, offshore Mozambique.
LNG deliveries to Ghana’s east can beat local supplies on price and resolve issues around unsatisfactory infrastructure, Pangaea Risk has said in a briefing note.
Algerian President Abdelmadjid Tebboune has carried out a reshuffle, appointing a new energy minister.
Eni intends to boost contracted LNG volumes to 14 million tonnes per year by 2024 and is in talks on entering Qatar Petroleum’s (QP) major expansion.
Eni reported strong results for the fourth quarter, with an adjusted operating profit of 802 million euros ($972.5mn) reported at its exploration and production unit.
SKK Migas, Indonesia’s upstream regulator, expects Eni to takeover Chevron’s giant Indonesia Deepwater Development (IDD) during the first quarter 2021. If the move comes to pass, expect other potential buyers, that could include Pertamina, Sinopec, Neptune Energy and Saka Energi, to be in the new IDD mix.
Upstream merger and acquisitions (M&A) deals are expected to rebound in Asia Pacific this year after plunging to their lowest level this century in 2020, when the pandemic and collapse in oil and gas prices killed activity.
This coming decade will be defined by three historic, global challenges: building a resilient recovery from the devastating Covid-19 pandemic; achieving the UN goal of universal access to energy for all populations; and charting an ambitious course - at COP26 and beyond - for tackling the threat we all face from the climate emergency.
Libya’s National Oil Corp. (NOC) is in the process of opening an office in London, which will play a key role in the North African’s state production increases.
Santos has approved US$235 million worth of investment for an infill drilling campaign that will extend the life of the Bayu-Undan field offshore East Timor. As a result, the Santos-led Darwin LNG export plant, which is fed by the aging field, will not need to be shut down while new supplies of gas are developed.
Business intelligence company, Offshore Network, are next month hosting the Upstream Digital Transformation Conference, a digitalisation event, but not one that’s looking at technology. Instead the event focuses on the ‘people’ aspects of digital transformation, with sessions including discussions on culture change, skills and collaboration.
The Area 4 partners in Mozambique have resumed drilling on the Coral Sul project, according to regulator Instituto Nacional de Petróleo (INP).
Oil and gas companies across the globe are facing something of a balancing act currently.
Eni and Sharjah National Oil Corp. (SNOC) have started producing gas and condensate at the Mahani field, less than one year after being discovered.
Westwood Global Energy reports that as of December 28 there was one exploration well and one appraisal well active in the UK.