Eni, Sonatrach score more Algerian discoveries
Eni has made another discovery in the Berkine North Basin, in Algeria, and it plans to fast track into production via existing facilities.
Eni
Netherlands drops OPL 245 probe into Shell
The Dutch Public Prosecutor has dropped its investigation into Shell’s role in acquiring OPL 245 in Nigeria, following a similar move from Italy earlier this week.
Court freezes Eni, Vitol payments over Springfield dispute
A Ghanaian court has ordered the government to halt payments to Eni and Vitol, amidst the ongoing legal dispute with local company Springfield Exploration & Production.
Eni offers gas block offshore Indonesia for sale to Harbour as Andaman development eyed
Italy’s Eni (BIT:ENI) is offering to sell its Krueng Mane Block offshore Aceh in Indonesia to London-listed Harbour Energy (LON:HBR), reported Indonesian upstream regulator SKK Migas. Significantly, the potential acquisition seems logical given that Harbour’s recent exploration success could trigger a new development area in the region.
Italy drops appeal against Shell, Eni over OPL 245
The Milanese prosecutor has dropped its appeal targeting Eni (ENI:MI) and Shell (LON:SHEL) for the alleged corruption in securing OPL 245, in Nigeria.
Eni, TotalEnergies, Oxy commit to $4bn Berkine Basin spend
Eni, TotalEnergies, Occidental Petroleum and Sonatrach have signed a production-sharing contract (PSC) extending control over two blocks in Algeria’s Berkine Basin.
Bangalane takes up role as head of INP
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
Bangalane takes up role as head of INP
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
That small matter of asset integrity
A story carried by EV on June 23 has been gnawing at me ever since …
Eni offloads Dogger Bank stakes to Vårgrønn joint venture
Eni is to offload its stakes in the 3.6GW Dogger Bank offshore wind project to its Norwegian clean energy venture Vårgrønn.
Sonatrach scores major Hassi R’Mel addition
Sonatrach has made a significant addition to its reserves at the Hassi R’Mel licence.
ExxonMobil joins energy majors investing in Qatar gas project
ExxonMobil is investing in a $29 billion project to boost Qatar’s gas exports, joining others including ConocoPhillips, TotalEnergies and Eni.
Eni scoops WoodMac Discovery of the Year with Cote d’Ivoire’s Baleine
Energy major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s annual Exploration Survey, and scooped discovery of the year for its find at Baleine.
Eni plans listing of renewables business in Milan
Eni has announced its intention to launch an initial public offering (IPO) for its renewable energy development division Plenitude.
Sobriety has the upper hand, for now, in exploration
A small group of deep-pocketed companies increasingly dominates exploration and, as yet, they are avoiding the boom-and-bust mentality of previous oil cycles.
Harbour reaches key milestone on Talbot subsea development
Harbour Energy has submitted an environmental statement for its proposed Talbot subsea development, with a view to reaching first oil in Q3 2024.
IHS sketches out development plans for Africa’s Atlantic discoveries
Major deepwater discoveries will require major project developments to commercialise, with gas playing a crucial role, analysts from IHS Markit have said during a recent webinar, in association with the African Energy Chamber.
Santos eyes cheaper carbon storage offshore East Timor at new $1.7bn APAC hub
Developing carbon capture and storage (CCS) projects in Southeast Asia is considerably cheaper than developing similar projects in more developed economies, such as Australia.
Eni, Sonatrach agree on fast-track gas developments
Eni and Sonatrach have signed a memorandum of understanding (MoU) on accelerating gas plans and a move towards green hydrogen.
Eni spuds Cronos well off Cyprus
Eni and TotalEnergies have begun drilling the Cronos-1 well offshore Cyprus.
Harbour, Eni to invest more than £8bn in UK as windfall tax looms
Harbour Energy and Eni are set to invest more than £8 billion in the UK over the next four years, as the sector continues to bat away calls for a windfall tax on energy profits.
Kent wins hydrogen work at HyNet
Kent has won design work on a blue hydrogen project at HyNet. This is one of the two clusters picked by the UK government for the fast track.
Exploration is back on the menu in Africa, with big finds and strong prices
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Eni sees African opportunities, including in its trees
Eni’s Scope 1 and 2 emissions increased in 2021, largely as a result of its African operations, but it offset this through the acquisition of 2 million tonnes of CO2 equivalent in forestry credits.
Shell’s Nigerian asset sale slated for flaring increase
Big companies have big plans to cut emissions and often find it easier to sell assets. Buyers may not be quite so concerned about tackling emissions, though, a report from the Environmental Defense Fund (EDF) has found.