Tags » Eni

Eni signs Production Sharing Contracts for the exploration of two blocks offshore Myanmar

The contracts for the two blocks foresee a study period of two years, followed by an exploration period of six years, subdivided in 3 phases.


Eni starts production at Hadrian South gas field in Gulf of Mexico deepwater

The Lucius platform has a daily capacity of 80,000 barrels of oil and 450 million cubic feet of gas, of which 300 million are dedicated to Hadrian South.


Eni to fast track Merakes gas development

Eni intends to accelerate an appraisal drilling programme on its new Merakes gas find off Indonesia, to fast-track a potential tie-in to its nearby Jangkrik field under development. 14 more words


Yinson secures financing for OCTP FPSO conversion

Yinson Holdings has secured a $780M term loan facility, to partially finance the conversion of the FPSO vessel for Eni’s Offshore Cape Three Points (OCTP) project in Ghana.  29 more words

3.1 FLNG / FPSO / MOPU / Floaters

ON DW Africa: Analysts call for investigation into charges ENI and Guebuza

A suspected case of corruption and influence peddling involving the Italian oil giant ENI and the former Mozambican President Armando Guebuza is shaking Maputo. It is expected that the PGR open an investigation to ascertain the veracity of the case as reported by DW Africa. 650 more words

Mozambique Oil And Gas Industry

First major oil company to cut dividends, shares fall

Italy’s Eni cut its dividend and suspended a share buyback program on Friday becoming the first oil major to reduce payouts amid a steep oil price decline in a bid to save funds to spur future production growth. 346 more words