ENI | GUPC

Global oil firms exit Nigeria as local companies seize control

Oil & Gas‚ Oil and Gas Industry | intent | December 18, 2023 | Comment off

(MENAFN) A noteworthy transformation has quietly unfolded in Nigeria’s oil industry over the past year, marked by the exodus of international oil companies from various parts of their operations within the country. The latest development came at the end of last month when Norwegian oil company Equinor finalized the sale of its Nigerian entity to the relatively unknown local firm, Chabal Energy. This move signified the conclusion of Equinor’s three-decade-long association with Africa’s largest oil producer.

Eni (E), Repsol to Restore Venezuela Oil Terms, Focus on Gas

Energy‚ Oil & Gas‚ Oil and Gas Industry | intent | December 11, 2023 | Comment off

Eni SpA E and Repsol SA REPYY are engaged in advanced negotiations for new agreements with Venezuela, as the South American nation aims to reclaim its position as a significant global oil producer following the relaxation of U.S. sanctions, per a Bloomberg report.

Eni: agreement with Open EP for regular gas transit in case of emergency

Energy‚ Oil & Gas‚ Oil and Gas Industry | intent | November 29, 2023 | Comment off

Eni and the Swiss company Open Energy Platform AG (Open EP) have entered into an agreement to guarantee the flow of gas to Switzerland and Italy even in the event of interruptions or significant reductions in gas flows from Germany. The Six-legged Dog made this known in a press release which specifies that the agreement favors the efficient use of the Swiss Transit gas transport infrastructure in relation to both the flows of gas from France to Italy through Switzerland and the safety of gas supply in Switzerland.

Nigeria withdraws $1 billion claim against Eni on oil field deal

Energy‚ Oil and Gas Industry | intent | November 17, 2023 | Comment off

Nigeria is withdrawing civil claims totaling $1.1 billion against energy giant Eni SpA, ending a long battle in Italian courts over allegations of corruption in an oil-field deal.

Eni to Deploy Cylindrical FPSO at Giant Offshore Oil Field in Ivory Coast

Energy‚ Oil & Gas | intent | October 5, 2023 | Comment off

Altera Infrastructure has been awarded contracts for the redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Ivory Coast.

BP and Eni among the winners in Egypt licensing round

Energy‚ Oil & Gas‚ Oil and Gas Industry | intent | September 28, 2023 | Comment off

Egypt has awarded four exploration areas to international oil companies just as the North African nation unveiled a new licensing competition.

Eni Sells Nigerian Onshore E&P Subsidiary

Energy‚ Oil & Gas‚ Oil and Gas Industry | intent | September 7, 2023 | Comment off

Eni SPA has signed a deal divesting one of its units in Nigeria to Oando PLC, saying the move is part of efforts to refocus on more profitable assets

Eni commences production from Baleine field offshore Côte d’Ivoire

Energy‚ Oil & Gas‚ Oil and Gas Industry | intent | September 5, 2023 | Comment off

Italian oil and gas company Eni has commenced production from the Baleine field offshore Côte d’Ivoire (Ivory Coast).

Eni becomes latest energy giant to sell onshore Nigerian assets

Energy‚ Oil & Gas‚ Oil and Gas Industry | intent | September 5, 2023 | Comment off

MILAN/LONDON, Sept 4 (Reuters) – Italy’s Eni (ENI.MI) has agreed to sell its Nigerian onshore subsidiary to local company Oando (OANDO.LG), the two companies said on Monday, the latest international energy giant to divest onshore assets in the West African country.