First Independent Mena Newspaper
Italian Oil & Gas Company Eni has signed a Petroleum Agreement (PA) with the Moroccan State Company ONHYM to explore the Tarfaya Offshore area, located in the waters of the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya. Under the agreement, Eni will be the Operator of the license with a […]
Algeria which has suffered a sharp decrease in oil revenues is seeking desperately to fill in its coffers with an Italian supply deal. The country’s state-owned Sonatrach and Italy’s energy company, Eni, inked a deal to supply Italy with 10 billion cubic meters of natural gas annually. The gas will be channeled through the Transmed […]
Italy’s energy company Eni and Algeria’s state-owned hydrocarbons firm, Sonatrach, inked an agreement to build a solar plant to help the north African country reduce its dependency on gas. In addition to meeting local electricity demand, the plant would also free up more gas for the export market, local media said. The 10MW plant will […]
An Italian judge ordered Italian oil major Eni, oil services group Saipem and former Eni CEO Paolo Scaroni to stand trial in a long-running case of alleged bribery in Algeria “In relation to court proceeding for the alleged bribery case relating to Saipem’s activities in Algeria, Eni acknowledges that the new GUP (judge for the […]
Egypt’s energy concern could be about to be over following the discovery of a new natural gas field on the Nile Delta coast by Eni and British Petroleum (BP.) The regional BP president for North Africa, Hesham Mekawi, said the latest discovery located 12km away from the shoreline “is the third discovery along the Nooros […]
Italian multinational oil and gas company Eni has sealed a Farm-Out Agreement with Chariot Oil & Gas, which enabled Eni to get operatorship and a 40 pc stake in the Rabat Deep Offshore exploration permits I-VI, Morocco’s offshore. The deal, which still needs approval of the Moroccan authorities, allows Eni to operate in an area […]
Italian gas and oil company producer ENI announced Sunday it discovered “the largest” natural gas field in the Mediterranean off the Egyptian coast, making Egypt probably the top gas producer in the region in the future. Egypt which is struggling to ensure enough energy supply to its millions-strong population may end its struggle with this […]
The Italian Foreign Ministry announced on Monday that four of its citizens still in Libya have been kidnapped in the western city of Mellitah on an industrial sites owned by the Italian oil company Eni. The four victims are according to the Ministry statement working for Bonatti Construction Company. They were abducted on Sunday evening […]
Bilateral energy talks between Algeria and Tanzania have reached advanced stages. The two governments are involved in discussions regarding three different energy projects with reference to their electricity, natural gas and petroleum potentials. Tanzania’s Minster of energy and Minerals, Prof. Sospeter Muhongo, met with his Algerian homologue, Energy Minister Youcef Yousfi, in Algiers to further […]
Algeria’s Energy and Mines Minister, Youcef Yousfi, held a closed door meeting with Eni’s Chief Executive Officer, Paolo Scaroni, to discuss the Italian company’s ongoing projects and possible future projects to be done in the country. The meeting, which was held in the capital, was also an opportunity for the company to elaborate more on […]