Azule Energy has reached final investment decision (FID) on the Greater PAJ project offshore Angola, advancing what the company describes as the country’s first integrated cross-block development. The deepwater project spans Blocks 31 and 31/21 and combines five offshore discoveries into a single development. Greater PAJ will develop the Palas, Astraea and Juno fields in Block 31 and […]
Venezuela is attracting renewed interest from global oil majors after sweeping reforms opened its energy sector, but rebuilding its corroded infrastructure will require more than $100 billion and at least a decade, OilPrice.com reported.
Eni has entered Gambia’s upstream sector after signing a petroleum exploration, development and production license agreement for offshore Block A1 with the Government of The Gambia.
Eni has signed an oil and gas exploration agreement covering 15 offshore blocks in Guinea, S&P Global reported on Wednesday.
Eni and partners Petroci and Vitol have reached a positive FID for the third phase of the Baleine project in Côte d’Ivoire, Eni announced on Monday. The new development phase will follow the same model previously utilised by Eni in Côte d’Ivoire and involve the deployment of a new FPSO. Following completion, oil production will rise […]
Eni and its partners have approved the final investment decision for the Baleine Phase 3 offshore development in Côte d’Ivoire, advancing the next expansion phase of what the company describes as the country’s largest hydrocarbon discovery.
Eni SpA said it has signed long-term agreements for the sale of natural gas produced from its operated projects in Indonesia’s Kutei Basin and liquefied at the existing Bontang facility.
Eni, the Italian major, and its partners in the Sankofa and Gye Nyame fields offshore
Ghana have signed a significant agreement with the government to increase
domestic gas supply by approximately 30%.
A drill stem test (DST) confirmed the preliminary assessment of about 5 trillion cubic feet (Tcf) of natural gas and 300 million barrels of condensate in the Geliga-1 discovery in the Kutei Basin offshore Indonesia, Eni SpA said Thursday
Eni S.p.A. has signed an agreement with Venezuela’s Ministry of Hydrocarbons and state-owned PDVSA to relaunch oil operations at the Junin-5 project in the Orinoco Belt.