Posted inNews

Eni launches $8 billion gas project in Libya

Eni and National Oil Corporation of Libya (NOC) have launched the development of Structures A&E, an $8 billion project aimed at increasing gas production to supply the Libyan domestic market as well as to ensure export to Europe. Structures A&E is the first major project in the country since the early 2000. It consists of […]

Posted inExploration & Production

Eni announces ‘significant’ discovery offshore Egypt

Eni announced today a significant new gas discovery at the Nargis-1 exploration well in the Eastern Mediterranean Sea offshore Egypt. The discovery can be developed leveraging the proximity to Eni’s existing facilities, the Italian major said in a press release. Nargis-1 confirms the validity of Eni’s focus on Egypt Offshore, which the company will further […]

Posted inNews

Eni, Snam finalise $438 million pipeline deal

Italian energy infrastructure company Snam earlier this week closed the acquisition of a 49.9% of the equity interest directly and indirectly held by Eni in the companies operating two groups of international gas pipelines connecting Algeria to Italy. The scope of the transaction includes the onshore gas pipelines running from the Algeria and Tunisia borders to […]

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