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Saasken oil discovery pulled off by Eni in Cuenca Salina basin in Mexico

Saasken oil discovery pulled off by Eni in Cuenca Salina basin in Mexico

Saasken oil discovery : Italian oil and gas giant Eni has pulled off a new oil discovery in the Cuenca Salina basin in Mexican waters through the drilling of the Saasken-1 NFW well. The exploratory well targeted the Saasken prospect contained in Block 10 in the mid-deep water of the basin, which in turn is […]

KNOT wins contract for two LNG-fueled shuttle tankers from Eni

KNOT wins contract for two LNG-fueled shuttle tankers from Eni

Norwegian shipping company Knutsen NYK Offshore Tankers (KNOT) has bagged a contract to construct two LNG-fueled shuttle tankers from Italian oil and gas company Eni. To be built by Daewoo Shipbuilding & Marine Engineering in South Korea, the two new 124,000 DWT LNG fueled shuttle tankers are slated to be delivered in mid-2022. Under time-charter […]

Italian contractor Saipem bags $500m worth offshore contracts

Italian contractor Saipem bags $500m worth offshore contracts

Italian oilfield services company Saipem said that it has bagged various engineering, procurement, construction, and installation (EPCI) contracts worth over $500 million in various parts of the world. The first of the EPCI contracts was given by Saudi Aramco in Saudi Arabia as part of the long-term agreement signed by the parties, which will be […]

Agogo oilfield : Eni and partners begin production from offshore Angolan field

Agogo oilfield : Eni and partners begin production from offshore Angolan field

Eni and its partners Sonangol P&P, and SSI Fifteen in the offshore 15/06 Block have started production from the Agogo oilfield. The Italian oil and gas giant said that the offshore oilfield in Angola was brought on stream just nine months following its discovery. Eni said that it was possible through the operational synergies enabled […]

Nigeria LNG Expansion Project : Eni and partners take FID on NLNG expansion

Nigeria LNG Expansion Project : Eni and partners take FID on NLNG expansion

Eni and its partners have taken the final investment decision (FID) for the Nigeria LNG Expansion Project, the expansion project of their existing liquefied natural gas (LNG) plant located at Bonny Island in Nigeria. According to the Italian oil and gas giant, the brownfield development at the NLNG plant, which is slated to be brought […]

Neptune Energy acquires 20% stake in East Sepinggan area in Indonesia

Neptune Energy acquires 20% stake in East Sepinggan area in Indonesia

UK-based Neptune Energy has completed its previously announced acquisition of 20% stake in the East Sepinggan area offshore Indonesia from Eni for an undisclosed sum. The East Sepinggan area contains the Merakes development and Merakes East discovery, located offshore East Kalimantan. The deal, which was signed in July 2019, also involved the acquisition of a […]

Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets

Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets

Vår Energi celebrated its first anniversary by wrapping up its previously announced $4.5 billion acquisition of the non-operated upstream assets of ExxonMobil in the Norwegian North Sea and the Norwegian Sea. The Norwegian oil and gas company, which is owned by Eni (69.6%) and HitecVision (30.4%), has doubled its production from the Norwegian Continental Shelf […]

Eni completes sale of 20% in East Sepinggan area to Neptune Energy

Eni completes sale of 20% in East Sepinggan area to Neptune Energy

Eni’s subsidiary Eni East Sepinggan has wrapped up its previously announced sale of a 20% stake in the East Sepinggan area, offshore Indonesia, which contains the Merakes development and Merakes East discovery, to Neptune Energy Group’s subsidiary Neptune Energy East Sepinggan. Financial details of the deal that was announced in July 2019 remained to be […]

Eni discovers new resources in Sidri development lease in Gulf of Suez

Eni discovers new resources in Sidri development lease in Gulf of Suez

Italian oil and gas giant Eni has pulled off the discovery of new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez, offshore Egypt. The discovery was made by the Petrobel, the operating company, which is held equally by Eni and the Egyptian General Petroleum Corporation (EGPC), through the drilling of an […]

Eni begins production from Obiafu 41 discovery in Nigeria

Eni begins production from Obiafu 41 discovery in Nigeria

Italian oil and gas giant Eni has commenced gas and condensate production from the Obiafu 41 discovery in the Niger Delta in Nigeria, three weeks after well completion. The discovery holds nearly 28 billion cubic meters of gas and 60 million barrels of condensate. The Italian energy company said that the gas from the Nigerian […]

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