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Italian Oil Major Eni Targets 2027 Exploration Well Offshore Congo

Italian oil and gas company Eni is targeting 2027 for its first exploration well on Block 24, offshore the Republic of Congo, subject to the results of ongoing seismic data analysis. Eni CEO Claudio Descalzi outlined the plan on October 9 after talks with Congolese President Denis Sassou N’Guesso in Brazzaville. After the meeting, Descalzi […]

Yinson, Eni plan US$810m Ghana gas expansion at Sankofa field

Malaysian energy services company Yinson Production and Italian oil major Eni plan to invest in expanding gas export capacity at Ghana’s Sankofa field, in a project valued at approximately $810 million aimed at sustaining supplies as reservoir pressure declines. The expansion will increase the gas export capacity of the John Agyekum Kufuor floating production, storage […]

Jubilee, ENI partners announce $3.5bn investments in Ghana’s oil sector

Jubilee and ENI partners have announced investments totalling $3.5 billion in Ghana’s oil sector, Ghana Investment Promotion Authority (GIPA) CEO Simon Madjie has said.   Speaking on Joy News’ PM Express Business Edition on Thursday, he highlighted the commitments as evidence of activity in the sector. He also pointed to interest from other international oil […]

Eni, Repsol consider selling stakes in Venezuela’s Perla gas field

Eni SpA and Repsol SA are considering bringing in outside investors into the giant Perla natural gas field off Venezuela’s coast, as the Trump administration pushes to unlock the South American country’s energy reserves.   The two partners, which each own 50% of the offshore venture, are evaluating whether to sell a portion of their […]

Venezuela oil reforms draw new investment from Eni, Chevron, GeoPark

Venezuela’s energy sector is entering a period of significant commercial change, with a reworked hydrocarbons framework beginning to translate into new agreements with international energy companies. Venezuela is moving from regulatory reform toward implementation. In January 2026, the country enacted a reform of its Organic Hydrocarbons Law, introducing new contractual mechanisms for primary hydrocarbon activities […]

Eni Wins New Block offshore Indonesia

Eni has won the bid for a new license area in Indonesia near its existing discoveries in the Southeast Asian archipelago. “The Sapukala offshore block covers a large area in the deep-water sector (1,000-2,500 m water depth) of the Kutei Basin, East Kalimantan”, the Italian state-controlled company said in a press release. “The acreage is […]

Eni awarded deepwater exploration block in Indonesia’s Kutei basin

 Eni has been awarded a 100% participating interest in the Sapukala offshore exploration block in Indonesia’s Kutei basin as part of the country’s first 2026 petroleum bidding round.   The Sapukala block covers deepwater acreage in water depths ranging from 1,000 to 2,500 meters offshore East Kalimantan. The acreage is adjacent to Eni’s existing operated […]

Halliburton wins multi-year well services contract for Eni’s Cronos development

 Halliburton has secured a multi-year contract from Eni to provide integrated drilling, well construction and completions services for the Cronos ultra-deepwater gas development offshore Cyprus.   The contract covers exploration and development wells in Block 6 of Cyprus’ Exclusive Economic Zone in the Eastern Mediterranean. Halliburton will provide bundled well services designed to streamline execution […]

Eni to Assess Five Senegal Offshore Blocks as Dakar Revives Oil Exploration

Senegal and Eni have signed a memorandum of understanding covering the assessment of five offshore oil blocks as Dakar seeks to revive exploration and attract new energy investment. Eni will finance technical studies on blocks SN01M, SN02M, SN03M, SN07M and SN40M, but the preliminary agreement does not include drilling at this stage. Senegal plans to […]