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Eni, EGAS to work on increasing Egypt’s gas production, supply

The agreement was signed by the Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo

Eni and EGAS announced Wednesday a new agreement aimed at increasing gas production and liquefied natural gas exports. The agreement, signed by the Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo, will focus on promoting the export of Egyptian gas to Europe, specifically to Italy, “in the […]

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Egyptian President Abdel Fattah el-Sisi meets with Eni CEO Claudio Descalzi

Tarek El-Molla, Egypt’s Minister of Petroleum & Mineral Resources was also in attendance

Egypt’s President Abdel Fattah el-Sisi met with Claudio Descalzi, CEO, Eni, on Thursday to discuss the company’s activities in the country. In attendance was also Egyptian Minister of Petroleum & Mineral Resources Tarek El-Molla. The main topics of conversation were regarding Egypt’s production of natural gas and LNG. The country has aspirations of becoming a […]

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Eni, Sonatrach announce oil and gas discovery in Berkine North Basin in the Algerian desert

Early estimates place the size of the find at around 140 million barrels of oil

Eni and Sonatrach announced Sunday that they had discovered significant oil and associated gas in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert. The two companies have been operating the concession together as a joint venture owned 49% by Eni and 51% by Sonatrach. According to a statement […]

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