ENI has expressed its satisfaction with the decision of the Milan Court of Appeal which, confirming in the first degree, rejected the appeal made by the Nigeria Civil Party aimed at obtaining compensation for the procedure on the acquisition of the OPL 245 block and required Nigeria to pay legal fees.
Italy’s Eni and its partner TotalEnergies have made a significant gas discovery in Block 6, offshore Cyprus.
The company estimates reserves of 70.8 bcm (2.5 tcf) of gas in place, with significant upside through further exploration.
Eni has acquired an FLNG vessel from maritime asset holder Exmar Group for work on the offshore Marine XII block in Republic of Congo, the Italian super-major announced on Friday.
Matthew Opoku Prempeh, has fired salvoes at the Minority in Parliament about their claim of a possible $7 billion judgement debt against Ghana
Eni said that the discovery follows the initial finding in a shallower zone of the same well, aggregating to a total gas in place of 2.5 – 3.5 tcf.
Italian energy company Eni has made a second oil and gas discovery offshore from Ivory Coast in less than a year, raising the country’s profile as a producer and increasing the fossil fuel resources found in the area by about 25%.
This is Angola’s first non-associated gas development project and involves two wellhead platforms, an onshore gas processing plant and a connection to the Angola LNG plant at Soyo where gas will be converted into liquefied natural gas and condensates marketed separately.
Eni and NOC Sonatrach have made a discovery on their exploration campaign of the onshore Sif Fatima II concession in Algeria,
Italian oil and gas firm Eni signed a new Production Sharing Contract (PSC) agreement with SONATRACH, Oxy and TotalEnergies for oil blocks 404 and 208 in Algeria.