Nigerian Agip Oil Company, a subsidiary of Italy oil giants, Eni, has said that it complied with the law on issues pertaining to Oil Prospecting License (OPL) 245, and that it had published in its website the documents of the judicial…
Eni, an Italian oil major, said on Wednesday that payment for the Nigerian offshore oil block, Oil Prospecting Licence 245, acquired by it and Shell was made directly to the Federal Government through transparent means.
Eni and Shell…
Libya has restarted three small oil fields and added around 10,000 bpd to its oil production—which has been steadily rising over the past two months—a spokesman for Libya’s National Oil Corporation (NOC) had told Reuters on Wednesday.…
Mozambique will charge Italian energy company ENI $350 million in capital gains tax for its sale of a stake in the Coral South natural gas field to ExxonMobil, the nation’s finance minister said on local television on Tuesday, August 29th.…
‘The Egypt Petroleum Show’ held under the high patronage of the President, His Excellency Abdel Fattah El Sisi, and support of the Ministry of Petroleum and Mineral Resources promises to be the largest oil & gas industry gathering North…
Egypt is the flavour of the month for investment in upstream hydrocarbon development.
With less volume of hydrocarbon in place than Nigeria, Angola or Algeria, it has, in the last two years, hosted decisions by two oil majors for fast track…
ABERDEEN, UK – The Faroese Earth and Energy Directorate (Jardfeingi) is looking to rekindle interest in exploration offshore the Faroe Islands.
In May, the Faroese government announced it would open the islands’ 4th Licensing Round in…
Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery could hold a potential of 30 trillion cubic feet of lean gas in place covering an area of about 100 sq kms. Zohr is the…
