Post Tagged with: "ENI"

Source: Reuters

Italy’s Eni cuts targets, braces for coronavirus complexity

Reuters


MILAN – Italian energy group Eni lowered its forecast for production and investments on Friday and braced for “a complicated 2020” as the coronavirus crisis destroys oil and gas demand and hammers prices.

Across the industry, producers are being …

Source: Reuters

Italy’s Eni says offshore Mexico find could make block commercial

Reuters


MEXICO CITY – Italy’s state-controlled oil company Eni said on Monday it notched an offshore discovery just off Mexico’s southern Gulf Coast, marking “a potential commercial outcome” in its area because of other nearby prospects.

The new find is …

How Big is Saudi Aramco?

How Big is Saudi Aramco?

By Tyler Losier, Energy Reporter, Oil & Gas 360


The staggering size of Aramco: Saudi Arabia’s state-owned oil company

In 1933, the government of Saudi Arabia signed a concession agreement with the Standard Oil Company of California, creating an entity …

Eni VP Andrew Lees to Keynote EnerCom Conference Luncheon Aug. 14, 2019

Eni VP Andrew Lees to Keynote EnerCom Conference Luncheon Aug. 14, 2019

EnerCom has booked global oil and gas giant Eni, SpA Vice President Andrew Lees to deliver the keynote luncheon address at The Oil & Gas Conference® on Aug. 14, 2019. The conference is August 11-14, 2019, at the Westin Denver …

Eni Wins Bid for Exploration Off Argentinean Coast

Eni Wins Bid for Exploration Off Argentinean Coast

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Italian supermajor will have 80% stake
Argentinian authorities awarded an Eni-led consortium the exploration license for block MLO 124, located approximately 100 kilometers off the coast of Tierra del Fuego

Eni Norge and Point Resources to Merge, Forming New Company

Eni Norge and Point Resources to Merge, Forming New Company

New company plans to invest $8 billion over 5 years 

Italian based energy company Eni and Norwegian based private equity investor HitecVision have announced an agreement to merge Point Resources AS into Eni Norge AS, which will be renamed as …

Eni Begins Drilling in Alaska’s Beaufort Sea: BSEE

Eni Begins Drilling in Alaska’s Beaufort Sea: BSEE

From Reuters

Italian oil producer Eni this week began drilling a new well in U.S. waters off the north coast of Alaska, becoming the first company to do so since 2015, federal regulators said on Wednesday.

The oil and gas …

December 28, 2017 - 3:18 pm Closing Bell Story‎, Energy News
ExxonMobil Takes $2.8 Billion Dive Offshore

ExxonMobil Takes $2.8 Billion Dive Offshore

ExxonMobil acquires a 25% stake in Eni’s Mozambique offshore project

ExxonMobil (ticker: XOM) announced Friday that the company has purchased a 25% indirect interest in the natural gas Area 4 block offshore Mozambique from Eni (ticker: E) for $2.8 billion. …

Eni Moves to Drones for Facility Inspections - Oil & Gas 360

Eni Moves to Drones for Facility Inspections

Drones replace worker risk, shorten inspection time, provide cloud-based inspection reports

Eni (ticker: E), the Italian oil and gas major that operates 9,241 active wells worldwide, has contracted with Sky-Futures, a British drone-based industrial inspection company to inspect Eni’s facilities …

Zohr Gas Field Ramps Up: Saipem Lands $1.6 Billion in E&C Contracts

Zohr Gas Field Ramps Up: Saipem Lands $1.6 Billion in E&C Contracts

Italian drilling services firm Saipem (ticker: SPM) has been awarded more than $1.6 billion in contracts for offshore engineering and construction; the most significant contract relates to the field development project for the supergiant Zohr gas field, off the Egyptian …

Offshore Alaska: DOI Adds More Drilling Regulations

Offshore Alaska: DOI Adds More Drilling Regulations

President Obama ‘turning his back on the livelihoods of Alaskans who depend on resource development’

Today, the United States Department of the Interior and the Bureau of Ocean Energy Management released 348 pages of new Requirements for Exploratory Drilling on

Egypt Hopes to Start Production from Zohr Gas Field a Year Ahead of Original Plans

Egypt Hopes to Start Production from Zohr Gas Field a Year Ahead of Original Plans

Italy’s Eni expects to invest $6-$10 billion in Zohr

Egypt’s Oil Minister Tarek El Molla said this week that the country hopes to have production from the newly discovered Zohr gas field starting in 2017, a year ahead of its …

Dana Gas Iraq Operations

Red Flag: Iraq Warns Oil Companies it Intends to Cut Spending due to Oil Revenue Drop

Iraq tells oil companies to submit conservative funding requests for 2016

A letter dated September 6, 2015, from the Iraq Oil Ministry was sent out to international oil companies operating inside the country notifying them that they should plan to …

Rosneft HQ with Kremlin in the background Source: Rosneft

Russia is the World’s Largest Producer of Crude Oil and Lease Condensate – EIA

Russia produced roughly 10.9 MMBOPD in 2014

While the United States became the world’s largest producer of hydrocarbons in 2014, Russia remained the largest producer of crude oil and lease condensate, according to the U.S. Energy Information Administration (EIA). …

Piattaforma in produzione

Eni Starts Production in Latin America’s Largest Offshore Gas Field

Offshore production in Perla Field expected to reach 1,200 MMcf/d

Italy’s Eni (ticker: E) announced that it has started production on the first phase of its offshore operations in the Perla gas field, approximately 50 kilometers (about 31 miles) offshore …

New $7 Billion Ghana Offshore Project Set to Start Producing in 2017

New $7 Billion Ghana Offshore Project Set to Start Producing in 2017

1.45 Tcf gas, 5MMBO project is 12% of 2015’s Foreign Direct Investment in Africa: Ghana President

The government of Ghana, ENI (ticker: E) and Vitol yesterday signed an agreement to start work on the Offshore Cape Three Points (OCTP) oil …

January 28, 2015 - 1:38 pm International, Offshore, Oil and Gas 360 Articles