Tag: Eni

Energy, Oil & Gas

Eni invests $225m in EnergyX’s Chilean lithium venture

Eni has agreed to acquire a 25 per cent stake in EnergyX’s Chilean subsidiary Black Giant, which is developing a lithium project near the Salar de Punta Negra in northern Chile. The Italian energy company will invest a total of $225 million in phases as part of the partnership....

Energy, Oil & Gas

UKAEA, Eni launch fusion energy joint venture

The United Kingdom Atomic Energy Authority (UKAEA) and Eni have launched RH3OVA, a UK-based joint venture aimed at supporting the global fusion energy sector with specialist consultancy and operational services....

Energy, Oil & Gas

Eni, Mercuria to form global energy trading JV

Eni and Mercuria have agreed to form a 50-50 joint venture to manage global energy commodities trading. The venture will operate independently, covering oil, gas, LNG, biofuels, logistics and infrastructure rights....

Energy, Oil & Gas

Plenitude launches 220 MW solar plant in Spain

Plenitude, controlled by Eni, has begun production at its 220 MW Villarino solar plant in Salamanca, Spain. The 286-hectare facility has over 365,000 bifacial modules and is expected to generate more than 400 GWh annually....

Energy, Oil & Gas

Eni, NOC start Sabratha project to raise Libya gas production

Eni and Libyan National Oil Corporation (NOC), via Mellitah Oil & Gas, have launched hydrocarbon production through the Sabratha Compression Project, an offshore development aimed at sustaining and boosting gas output from the Bahr Essalam field, 100 km offshore....

Energy, Oil & Gas

Adnoc unit XRG joins Eni to secure strategic Argentina gas assets

Abu Dhabi National Oil Company said its key unit XRG and top Italian petroleum company Eni have signed separate agreements with Argentina's state-controlled energy company YPF to acquire 32% stakes each in three upstream gas blocks in the Vaca Muerta shale formation. ...

Energy, Oil & Gas

Eni, bp back major Angola offshore project

Eni, through its joint venture Azule Energy, has taken the final investment decision (FID) on the Greater PAJ Project, a major offshore oil development in Angola’s Blocks 31 and 31/21, marking a key expansion in the country’s upstream sector....

Energy, Oil & Gas

Eni, Fincantieri team up on underwater monitoring, CCS projects

Eni and Fincantieri subsidiary IDS have signed an agreement to commercialise and develop Clean Sea, an underwater robotic monitoring system. IDS gains exclusive global rights to market the technology for offshore inspections and marine CCS projects....

Energy, Oil & Gas

Eni secures exploration Block A1 in The Gambia

Eni and the Government of The Gambia, represented by the Minister of Energy and Petroleum Honourable Nani Juwara, signed a Petroleum Exploration Development and Production License Agreement for the Block A1 offshore of The Gambia....

Energy, Oil & Gas

Eni, partners approve Baleine Phase 3 investment in Abidjan

Eni and its partners Petroci and Vitol have approved the final investment decision (FID) for the Baleine Phase 3 project in Abidjan, Côte d’Ivoire, marking a milestone in the development of the largest hydrocarbon discovery ever made in the country....

Energy, Oil & Gas

Eni secures long-term Indonesia LNG agreements

Eni signed three long-term LNG agreements in Indonesia covering South Hub and North Hub projects in the Kutei Basin, securing about 2 MTPA supply via Bontang LNG facilities....

Energy, Oil & Gas

Egypt announces largest Western Desert discovery in 15 years

Ministry of Petroleum and Mineral Resources said Agiba Petroleum Company made its largest discovery in 15 years in Egypt’s Western Desert, with estimated reserves of 330 billion cubic feet of gas and 70 million barrels of oil equivalent....

Energy, Oil & Gas

Eni, MSC Cruises confirm feasibility of pure HVO biofuel for ships

Eni and MSC Cruises have announced the completion of a test of the use of Enilive’s HVO (Hydrogenated Vegetable Oil) diesel. This test confirmed the technical feasibility of using the biofuel in its pure form in the maritime sector to power cruise ship engines....

Energy, Oil & Gas

Eni signs deal with Venezuela to relaunch Junin-5 oil project

Eni signed a programmatic agreement with the Venezuelan Ministry of Hydrocarbons and the state-owned company PDVSA to relaunch oil activities, specifically at Junin-5 (PDVSA 60 per cent, Eni 40 per cent), located in the Orinoco Belt, a heavy oil field containing 35 billion barrels of certified oil in place....

Energy, Oil & Gas

Eni announces gas discovery offshore Indonesia

Eni has announced a major gas discovery at the Geliga-1 well in Indonesia’s offshore Ganal block, with estimated resources of about 5 Tcf of gas and 300 million barrels of condensate....