Mozambique’s gas hub future
The LNG industry in Mozambique will have a transformative impact on the country’s economy – and establish it as a regional gas hub, participants on an Africa Oil Week webinar have said.
Eni
Oil CEOs write open letter saying pandemic ‘sharpens focus’ on climate goals
The chief executives of 12 major oil and gas firms have written an open letter saying the Covid-19 pandemic won't delay climate action but has instead "sharpened" the focus on it.
Trial accuses Kolmar of pillaging
Trial International has filed a criminal complaint against Kolmar Group with the Office of the Attorney General in Switzerland.
Nigeria loses bid to hear Shell case in England
The Nigerian government has expressed disappointment that a High Court ruling in England has opted not to hear a civil claim against Shell, Eni and Energy Venture Partners (EVP), over the OPL 245 case.
Lamprell wins Sharjah work
Lamprell has won a contract from Sharjah National Oil Corp. (SNOC) to carry out work on the Mahani field.
Zohr production drops in Q1
Egypt’s Zohr field produced 5.1 billion cubic metres of gas in the first quarter, according to Russia’s Rosneft.
Coronavirus derails Vantage’s rigs in Congo
Vantage Drilling has declared force majeure for two of its rigs, one of which as a result of a coronavirus outbreak.
Disappointment for Eni and Cairn off Mexico
Italy’s Eni and Scottish firm Cairn Energy have reported disappointment offshore Mexico after an exploration well came up dry.
Lebanon’s first exploration well fails
Total’s well offshore Lebanon has failed to find a reservoir in the Tamar formation, which was the exploration target.
Egyptian deal falls apart for Eni, Naturgy
A deal that would have seen Eni increase its stake in Egypt’s LNG sector, and Naturgy bow out, has come apart as coronavirus has interfered.
Eni slashes 2020 capex budget by more than £2bn due to Covid-19 and oil price crisis
Italian oil and gas exploration firm Eni has announced that it will slash its capital expenditure (CAPEX) budget for 2020 by more than £2 billion.
Eni bumps up Mediterranean gas production
Eni has begun producing at two new wells in the Mediterranean Sea, Egypt’s Ministry of Petroleum has announced.
Descalzi in line for Eni spot despite objections
The Italian government has expressed its support for Claudio Descalzi to remain in his post as CEO of Eni despite misgivings voiced from a number of sources.
Eni pays out to SEC for Saipem case
Eni has reached a deal with the US Securities and Exchange Commission (SEC) to pay a fine to resolve sham payments in Algeria by Saipem.
Angolan production declines bite deep
Companies operating in Angola have reported a production decrease of 18.7% from 2017 to 2019.
Kellas defeats £37m legal challenge on major North Sea pipeline system
An Aberdeen-headquartered company has successfully dismissed a £37m legal challenge around a major North Sea pipeline system.
Cairn Energy announces ‘significant reductions’ to North Sea 2020 plans
Scottish operator Cairn Energy has announced "significant reductions" to its capital expenditure across its North Sea producing assets.
Sonatrach, Chevron sign MoU
Sonatrach has signed a memorandum of understanding (MoU) with Chevron, the Algerian company said.
Cairn Energy continues profit growth with positive full year results
Scottish operator Cairn Energy has continued its drive for profit with positive full year results for 2019.
Eni, Sonatrach sign gas deal
Sonatrach and Eni Algeria Production have signed an agreement on the marketing of dry gas from the Zemoul El Kbar licence, until 2042.
Oil majors commit to speeding up huge carbon capture project on Teesside
A group of oil and gas giants will today announce plans to accelerate a huge carbon capture, usage and storage (CCUS) project to decarbonise an industrial area of Teesside.
Eni takes Agogo to 1 billion barrels
Further success at Angola’s Agogo field by Eni has seen the estimated oil in place figure rise to 1 billion barrels.
Naturgy exit allows Damietta LNG restart
A deal has been reached allowing Egypt’s Damietta LNG plant to restart by June of this year, with Naturgy to drop out of the shareholding group.
Eni makes oil discovery off Mexico of up to 300million barrels
Italian operator Eni has announced a new oil discovery off Mexico with up to 300million barrels in place.
Five key trends for offshore wind in 2020
The Offshore Renewable Energy (ORE) Catapult's energy analyst Tom Quinn has identified five key trends that he predicts will take off in 2020 in the world of offshore renewable energy.