Eni SpA

Eni sells 20% in its $14-billion low carbon business Plenitude

June 23, 2025

Publisher’s Note: Eni will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (Oil Price)– Eni has signed a deal to sell 20% in its low-carbon energy business Plenitude to Ares Management Corporation in a deal valuing the unit at an enterprise value of $13.8 billion (12 billion euros). Under the agreement, global alternative investment manager Ares

Eni in talks to sell 49.99% stake in carbon capture business to GIP

May 27, 2025

Publisher’s Note: Eni SpA will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (World Oil) – Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business. Eni CCUS Holdings

From Vision to Action: PRC Europe 2025 Sparks Industry Transformation

May 22, 2025

(Oil & Gas 360) – The energy epicentre of Europe shifted to Milan on 19-21 May as PRC Europe 2025 brought together the leaders from the downstream sector. Supported by the Host Sponsor, Eni S.p.A., and Regional Partners including Technip Energies, Sonatrach Raffineria Italiana S.r.l., Wood and Saras S.p.A., the Congress united specialists to forge partnerships and develop solutions advancing the

Eni starts production from Merakes East gas field, offshore Indonesia

May 14, 2025

Publisher’s Note: Eni SpA will be presenting at EneCom Denver – The Energy Investment Conference at the Westin Downtown, on August 17-20, 2025. Register to attend. (World Oil) – Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field is in the East Sepinggan block (Eni 85%, Op.) and will contribute up to 100 MMscfd of gas or approx.

Eni gets $1 billion from upstream asset sale in Alaska

November 4, 2024

(Oil Price) – Eni SpA has closed the sale of its upstream assets in Alaska to U.S. privately-owned oil and gas producer Hilcorp for $1 billion as the Italian energy major looks to divest non-core assets. Eni sold 100% of its Nikaitchuq and Oooguruk assets in Alaska after receiving approvals from all relevant authorities, the company said on Monday. The Italian firm will

Eni attracts substantial funding interest for next floating LNG plant

October 14, 2024

(World Oil) – Eni SpA has received substantial interest for its next floating liquefied natural gas project in Mozambique, even as international lenders face growing pressure to reduce exposure to fossil fuels. Luca Vignati, director of Eni’s upstream business, said in an interview that the plant will cost about the same as its $7 billion Coral South project, inaugurated in 2022.