4/29/2026 10:00:23 AM (Volume: 43 / Issue: 5)
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Tag: Eni

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....

Energy, Oil & Gas

Eni advances Indonesia deepwater gas hubs with dual FIDs

Eni has taken the Final Investment Decisions (FIDs) for the Gendalo and Gandang gas project (South Hub) and for the Geng North and Gehem fields (North Hub), only 18 months after the approval of the Projects of Development (PODs) in 2024. ...

Energy, Oil & Gas

Eni starts Ndungu full-field production

Eni has started production at the Ndungu full-field, part of the Agogo Integrated West Hub Project in Block 15/06 offshore Angola. The development includes seven production and four injection wells, targeting peak output of 60,000 barrels per day. ...

Energy, Oil & Gas

Eni makes offshore discovery in Côte d’Ivoire

Eni has discovered gas and condensate at Murene South-1X, Block CI-501, Côte d’Ivoire. Named Calao South, the find confirms the Calao channel complex’s potential, with estimated reserves of 5 Tcf of gas and 450 million barrels of condensate (approximately 1.4 billion barrels of oil). ...

Energy, Oil & Gas

Eni confirms oil discovery in Algaita-01, offshore Angola

Eni confirms an oil discovery in the Algaita-01 exploration well in Block 15/06, offshore Angola, approximately 18 km from Olombendo FPSO. Preliminary estimates indicate oil in place of around 500 million barrels. Block 15/06 is operated by Azule Energy (36.84 per cent), in partnership with SSI (26.32 per cent) and Sonangol E&P (36.84 per cent)....

Energy, Oil & Gas

Abu Dhabi's XRG inks deal with YPF, Eni to boost Argentina LNG sector

Abu Dhabi-based XRG has signed an agreement with leading Italian petroleum company Eni and Argentinian group YPF for the development of an integrated gas and liquefaction project on Argentina’s Vaca Muerta shale basin that will help position the country as a long-term global LNG supplier. ...

Energy, Oil & Gas

Startup EXE Engineering receives $654k from Eni, CDP Venture Capital

Eni, together with CDP Venture Capital, invested €550,000 ($654,750) and announced a collaboration with the startup EXE Engineering in the field of carbon offsetting initiatives in Africa. This new investment will enable the startup to accelerate its roadmap and support the expansion of its projects into new operating contexts, including international growth in Europe and Africa....

Energy, Oil & Gas

Eni, Q8 partner for construction of Priolo biorefinery

Eni and Q8 Italy announce a major strategic investment in the ongoing project for the construction of a new biorefinery in Priolo, Sicily. The transformation plan for the Versalis site in Priolo received formal approval from Eni and Kuwait Petroleum Corporation Board of Directors, which follows the official binding offer submitted by Q8....

Energy, Oil & Gas

Eni to sell 10pc stake in Côte d’Ivoire’s Baleine project to Socar

Eni has signed a binding agreement with Socar, the State Oil Company of Azerbaijan, for the sale of a 10 per cent stake in the Baleine Project - the Ivorian main offshore development operated by Eni (47.25 per cent) and participated by Vitol (30 per cent) and Petroci (22.75 per cent)....

Energy, Oil & Gas

ADNOC secures $11bn financing for Hail & Ghasha gas development

Abu Dhabi National Oil Company (ADNOC), in partnership with Eni and PTT Exploration and Production Public Company Limited (PTTEP), has signed a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production....

Energy, Oil & Gas

Eni announces gas discovery in Kutei Basin, Indonesia

Eni announces a gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau PSC, in the Kutei Basin, about 50 km off the coast of East Kalimantan in Indonesia. Estimates indicate 600 billion cubic feet (Bcf) of gas initially in place (GIIP) with a potential upside beyond 1 trillion cubic feet (TCF)....

Energy, Oil & Gas

Eni signs long-term LNG sale agreement with BOTAŞ

Eni has entered a long-term LNG sale agreement with Turkish company BOTAŞ, in line with the company’s strategy to grow a diversified global portfolio and secure stable, multi-year relationships in key international markets....

Energy, Oil & Gas

Eni launches phase 2 of Congo LNG ahead of schedule

With the arrival of the Nguya FLNG floating liquefaction unit and the introduction of gas into the new offshore infrastructure system, Eni announces the start-up - ahead of the planned schedule - of Phase 2 of the Congo LNG project, with the goal of exporting the first LNG cargo in early 2026....

Energy, Oil & Gas

Eni inaugurates NGC gas treatment plant in Angola

Eni, through its satellite company Azule Energy - a 50:50 joint venture with bp and the operator of the New Gas Consortium (NGC) – inaugurated the NGC Gas Treatment Plant in Soyo, northern Angola. ...

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