SLB announced that its OneSubsea joint venture has been awarded a major engineering, procurement and construction (EPC) contract by Eni for Phase 3 of the deepwater Baleine development offshore Côte d’Ivoire.
Halliburton has completed what it says is the industry’s first deployment of integrated closed-loop rig automation and managed pressure drilling (MPD) on a deepwater exploration well with Eni offshore Indonesia, marking a milestone for automated drilling operations in the Asia-Pacific region.
The World Bank approved an $875 million financing package for Côte d’Ivoire and signed an interim agreement with Eni’s local unit to support development of the country’s growing natural gas sector, including technical assistance for its Gas Master Plan.
Altera Infrastructure has signed the principal agreements to supply a new floating production, storage and offloading (FPSO) vessel for Eni’s Baleine Phase 3 development offshore Côte d’Ivoire, marking a key milestone in the expansion of one of West Africa’s largest offshore oil and gas projects.
Oil major, Eni, is pressing on oil and gas trade expansion and has entered into agreement with commodity merchant Mercuria Energy Group Ltd. to drive a global trading strategy seeking growth in an area that has seen huge price swings and profit opportunities during the war in Iran.
Italian oil company Eni SpA and commodity merchant Mercuria Energy Group Ltd. signed an agreement to join forces in trading, seeking growth in an area that has seen huge price swings and profit opportunities during the war in Iran. The two firms will be combining their main trading books for various commodities including oil, liquefied natural gas and biofuels […]
Eni and XRG have each agreed to acquire a 32% interest in three upstream blocks in Argentina’s Vaca Muerta shale, joining operator YPF in advancing the integrated Argentina LNG project. The agreements cover the Meseta Buena Esperanza, Aguada Villanueva and Las Tacanas blocks. Upon completion, which remains subject to regulatory approvals, YPF will retain a 36% interest while Eni and XRG will […]
Eni SpA and Libya’s National Oil Corp (NOC) have started up a compression project that improves natural gas recovery in the Bahr Essalam field off the Mediterranean coast of the North African country. “The new compressors are expected to boost production by approximately 28 billion cubic feet of natural gas annually and to increase condensate […]
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.