Italian oil and gas major Eni has signed a binding agreement to sell a 10% stake in the Baleine offshore oil and gas project in Côte d’Ivoire to SOCAR, the State Oil Company of the Republic of Azerbaijan.
Italy’s Eni has signed a binding agreement to sell a 10% stake in the Baleine offshore oil and gas project in Côte d’Ivoire to SOCAR, the State Oil Company of the Republic of Azerbaijan. The deal reduces Eni’s operating stake to 37.25% while leaving it as project operator. Vitol retains a 30% interest and Côte d’Ivoire’s state oil company Petroci holds 22.75%.
TotalEnergies and partners Eni and QatarEnergy have signed an agreement with the Lebanese government to explore a new block offshore Lebanon, the French company said on Friday.
Italy’s Eni has completed the sale of a 49.99% stake in its carbon capture subsidiary Eni CCUS Holding to Global Infrastructure Partners, the company said on Thursday.
Eni’s latest discovery in Indonesia reinforces the Kutei Basin’s reputation as one of the hottest global exploration plays of recent years.
Eni announced, in a statement sent to Rigzone recently, a “significant gas discovery” in the Konta-1 exploration well off the coast of East Kalimantan in Indonesia.
Eni SpA has signed a 10-year deal to supply Thailand’s Gulf Development Co 800,000 metric tons a year of liquefied natural gas (LNG).
Eni SpA’s renewables arm Plenitude has signed a binding deal to buy power and gas utility Acea Energia SpA, part of Italy’s Acea SpA.
Turkiye’s state-owned BOTAS has signed separate 10-year agreements for the supply of liquefied natural gas (LNG) from SEFE Securing Energy for Europe GmbH and Eni SpA.
Eni SpA said Tuesday the second phase of Congo LNG in the Republic of the Congo has started operations, bringing the project’s capacity to three million metric tons per annum (MMtpa) of liquefied natural gas (LNG) or 4.5 billion cubic meters (158.92 billion cubic feet) a year of natural gas equivalent.