Latest in Tag: eni Highlight
Latest in Tag: eni

Petroleum Ministry agrees with Eni to produce 1bcf from Zohr by 2017
Edison completes seismic studies for its concession area in December

EGAS negotiates with Eni to speed up linking Shorouk discovery to national grid
The official added that Eni will complete the plan for developing the new exploration site in three years, and will drill 20 wells in the concession area in the deep waters to implement the development process.

Al-Sisi, Eni CEO discuss possibility of establishing gas hub
Both parties discussed forming a gas hub in eastern Mediterranean Sea to make Egyptian transport and export facilities available for nearby discoveries, says Italian giant

Eni to add 300m feet of gas daily from Noras field by year-end
Company share value increases by 2.46% on Italian stock exchange after Shorouk gas field discovery

Eni’s share value inches up after announcement of Egypt’s natural gas discovery
The value per share reached €15.2 after company’s CEO announced that he expected investments worth 6bn to $10bn for development of field

President Al-Sisi holds talks with Italian Senate delegation
Italian senator expresses desire to initiate cooperation between parliaments in both states

New gas discovery will not cover Egypt’s needs for next 4 years: Taqa Arabia executive
Gas discovery will, however, enhance economy, reduce budget deficit and create job opportunities, says Abu Bakr

Eni gas discovery to alleviate balance of payments pressures: Moody’s
Recent gas discovery is positive credit for Egypt, says report

IS in Tripoli claim car-bomb on Eni office day after Egypt gas discovery
Strike targeted a “den of apostates”, IS supporters said

Egypt to gain 60% share of Shorouk franchise production: EGAS Chairman
The Egyptian Natural Gas Holding Company (EGAS) agreement with Italy’s Eni will see Egypt’s share of gas production from the Shorouk franchise increase to over 60%

Eni invests $7bn to develop Shorouk in 3 years
Italian oil company Eni aims to invest around $7bn during three years to excavate the privilege area of Shorouk in the deep waters of the Mediterranean Sea

Eni finds ‘supergiant’ gas field off Egypt’s coast
Italian energy giant Eni SpA says it has discovered the “largest ever” natural gas field in the Mediterranean Sea off Egypt. According to the company, the find could meet Egypt’s natural gas needs for decades to come

Eni gas discovery to alleviate balance of payments pressures: Moody’s
Recent gas discovery is positive credit for Egypt, says report

Eni pumps $2bn in the Egyptian oil sector
Agreement signed between company and EGPC to modify gas prices, introduce new activities

Eni pumps $2bn in the Egyptian oil sector
Agreement signed between company and EGPC to modify gas prices, introduce new activities
$23.5bn agreements signed in oil, gas, mining sector at Summit
Largest contribution in the sector made through BP
Italian investments and agreements in Egypt total €7-8bn
The average period of investment is three years
Italian ‘Eni’ to inject $5bn in investments to Egypt within 5 years
Italian petroleum company, Eni, signed an agreement with the Egyptian government to promote cooperation between the two. The company seeks to inject investments worth $5bn in Egypt during the upcoming phase. On the sidelines of the Economic Summit in Sharm El-Sheikh on Saturday, an agreement was signed, with the final agreement to be made within …

Gas exploration bid to be offered early 2015 in 11 areas
Three areas in the Delta and eight in the Mediterranean Sea will be offered by EGAS for exploration and research

British Petroleum draws first gas from Seth development Block
Energy veteran British Petroleum (BP) has announced production of first gas from the Seth development block, located 60 kilometres offshore Ras El Bar, east of the Nile Delta.