Italy’s Eni to exit Blue Stream pipeline JV with Gazprom
Italy’s Eni will end a decades-long pipeline joint venture with Gazprom, as the company joins other oil majors in moving to isolate Russia in response to its invasion of Ukraine.
Eni
NFE steps into offshore Congo LNG talks with Eni
Eni has signed a heads of agreement (HoA) with New Fortress Energy (NFE) for an LNG facility in Congo Brazzaville.
Eni starts up Ndungu on Block 15/06
Eni has begun producing at the Ndungu project in Angola’s Block 15/06.
Eni unable to explore in disputed area off Indonesia
Italy’s Eni (BIT:ENI) remains unable to resume upstream exploration activities in the Ambalat Block offshore Indonesia as a maritime territorial dispute between Malaysian and Indonesia has not been resolved.
Big Oil forecast to return billions to shareholders this year
Oil and gas giants are expected to fork out billions of pounds on share buybacks this year as they reap bumper profits.
Eni adds six banks for IPO of $11 billion renewables unit
Eni has picked six more banks to work on the initial public offering (IPO) of its retail and renewables unit Plenitude, which could be valued at about 10 billion euros ($11.3 billion), according to people familiar with the matter.
Eni CEO toasts ‘excellent results’ after Italian supermajor reverses losses
Eni (BIT: ENI) is back in the black after an “excellent” financial year in which it accelerated the pace of its transformation strategy.
Balls of tar beach on UK coast after Eni oil spill
Balls of tar have washed up on the north-west coast of England just days after an Eni oil spill in the East Irish Sea.
Concerns for UK coastline as Eni oil pipeline spills 500 barrels into East Irish Sea
Concerns have been raised for the UK coastline after a 500-barrel oil spill into the East Irish Sea from a pipeline operated by Eni.
East Timor NGO hits out at Santos’ carbon storage plans for Barossa LNG
East Timor-based independent think-tank La'o Hamutuk has hit out at Santos’ plans to store carbon from its proposed Barossa liquefied natural gas (LNG) development at the Bayu Undan field in the Timor Sea by filing a submission to the Northern Territory (NT) Environmental Protection Authority (NTEPA).
Eni signs string of HyNet MoUs
Eni’s UK subsidiary has signed 19 memoranda of understanding (MoUs) related to carbon capture and storage as part of the HyNet North West project, which won government backing last year.
Opportunities abound as Asia Pacific set for $4 billion subsea spend in 2022
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
Eni replaces Saipem-bound Puliti with Brusco
Eni has appointed Guido Brusco to be its new director general of natural resources, replacing Alessandro Puliti.
Eni makes gas find offshore Abu Dhabi
Eni has discovered gas at its first exploration well drilled offshore Abu Dhabi, in the offshore Block 2.
Italy weighs bolstering Saipem management after profit warning
Italy’s state-backed lender may push to appoint executives that will join Saipem SpA’s management team after the oil drilling specialist issued a surprise profit warning this week, according to people familiar with the matter.
Saipem investors questioning CEO’s strategy after surprise profit warning
Saipem chief executive officer Francesco Caio is under pressure from investors after a surprise profit warning Monday sent the oil drilling specialist’s shares to their lowest since 1992.
Eni signs up logistics plan with AD Ports at Mugharraq
AD Ports has established a new agreement with Eni’s local subsidiary on setting up a marine logistics base.
Dogger Bank hattrick for K2 Management as firm bags work for third phase of project
K2 Management (K2M) has completed its pre-financial close due diligence work for the third phase of what will be the world’s largest offshore wind farm.
Var Energi IPO on the way, say owners Eni and HitecVision
An initial public offering (IPO) is to be launched for Norwegian operator Var Energi, ownership partners Eni and HitecVision have announced.
ScotWind 2: When is it likely, who will be in the mix, and is it needed?
Scotland’s energy industry has now had some time to digest the results of arguably the most hotly anticipated offshore wind auction in history.
ScotWind – Who’s in the running with the results due imminently?
The results of Scotland's first offshore wind leasing round in more than a decade are expected to be released in a matter of days.
Eni spuds exploration well in deepwater Kenya
Eni has spudded the Mlima-1 exploration well, offshore Kenya, in the deepwaters of the Lamu Basin.
Former BP boss Lord Browne says its time to break up Big Oil
Oil majors should do more to break themselves up into separate low-carbon and fossil fuels businesses, according to Lord Browne, the former boss of BP.
Coral Sul FLNG arrives on site in Mozambique
The Coral Sul floating LNG (FLNG) vessel has arrived at Area 4, offshore Mozambique, with the aim of starting production in the second half of 2022.
Wood transition boss forecasts rosy year ahead after “massive ramp up” in low carbon opportunities
“Energy transition is at the forefront of our strategy”, explains Dan Carter, global director of decarbonisation and new energies at Wood.