Baker Hughes has secured a significant contract to supply subsea trees for Eni’s Baleine project, located offshore the Ivory Coast in West Africa. The project involves tapping into the Baleine field in three phases, with the first phase scheduled to begin production this year, followed by the second phase in 2024, and a larger third […]
Eni
Posted inEnergy Transition, DRILLING & PRODUCTION, Exploration & Production
Halliburton wins completions contract for carbon capture project
Halliburton, the US-based energy major, has been granted a contract to carry out well completions on the HyNet North West carbon capture and storage initiative in the United Kingdom. This entails supplying completions, liners, and monitoring products and services for the project situated in Liverpool Bay. To fulfill this contract, Halliburton will manufacture and deliver […]
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Saudi Aramco and Eni invest $22.7 million in UK’s clean energy start-up
Oil giants Saudi Aramco and ENI, together with United Airlines are investing a staggering $22.7 million in British startup OXCCU through their venture units to tackle the astronomical costs of eco-friendly aviation fuel. This bold venture aims to transform the aviation industry’s carbon emissions, which currently contribute 2% to the world’s alarming climate crisis. Led […]
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Eni, Libya sign decarbonisation deal
Italian major Eni has entered into a memorandum of understanding (MOU) with the Libyan government to collaborate on reducing greenhouse gas emissions and promoting sustainable energy initiatives in the country. The MOU aligns with Eni’s strategic objectives and Libya’s vision for accelerating decarbonization and transitioning to cleaner energy sources. Under the terms of the MOU, […]
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Nigeria needs $12 billion to clean up Shell, Eni oil spills
Africa’s largest economy Nigeria will require $12 billion to address the long-standing oil spills in southern Bayelsa state over a 12-year period, global newswire Reuters said, quoting a new report which specifically holds Shell and Eni accountable for the majority of the pollution. Bayelsa, a major oil-producing state in the Niger Delta, has been plagued […]
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Italian oil major Eni faces lawsuit for ‘lobbying and greenwashing’
Eni is facing a climate lawsuit with environmental groups alleging the company used “lobbying and greenwashing” to push for more fossil fuels despite having knowledge of its risks since 1970. The environmental group Greenpeace Italy and fellow green campaigner ReCommon filed the suit along with 12 citizens from areas of Italy severely affected by extreme […]
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Saipem secures two-year extension for Eni’s $280 million drillship contract
Saipem has been awarded a two-year contract extension by Eni for the use of the Santorini drillship. The contract extension, which will give continuity to the ongoing activity, will come into force starting from August 2023 and is worth approximately $280 million. The deal also includes income linked to investments for improvements to the drillship […]
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Eni, ADNOC sign agreement for low-carbon projects
Eni’s CEO Claudio Descalzi and Dr Sultan Ahmed Al Jaber, group CEO of ADNOC, signed on March 4 an agreement for joint projects on energy transition, sustainability and decarbonisation. Through this agreement, Eni and ADNOC intend to explore potential opportunities in the areas of renewable energy, blue and green hydrogen, carbon capture and storage (CCS), […]
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Eni posts whopping $14.6 billion profit in 2022
Italian energy firm Eni posted a record profit in 2022, driven by high oil and gas prices, and said it aims to fully replace Russian gas imports within two years. The $14.6 billion net profit has been the company’s highest in more than two decades although oil and gas production fell by 4% to 1.61 […]
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TotalEnergies wants offshore Lebanon work to begin ‘as soon as possible’
TotalEnergies is keen to begin work on Lebanon’s offshore Block 9 “as soon as possible”, with assessments to begin early next month and well-drilling to launch in Q3 2023, Reuters reported, citing the French major’s CEO Patrick Pouyanne. Pouyanne said a vessel would arrive in Lebanese waters on Feb. 6 to carry out an environmental […]
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