Egypt has announced a new natural gas discovery in the Nile Delta, with projected production of 50 million cu ft per day (mmcf/d) following the drilling of the exploratory well (Nidoco N-2) in the West Abu Madi area, co-operated by Italy’s Eni and the UK’s British Petroleum.
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.
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.
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.
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.
Eni announces a significant gas and condensate discovery in Egypt, with the drilling of the Denise W 1 exploration well in the Temsah Concession, located offshore in the Eastern Mediterranean.
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.
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.
The European Investment Bank (EIB) and Eni have signed a €500 million ($580 million), 15-year loan to convert part of Eni’s Sannazzaro de’ Burgondi refinery in Pavia, Italy, into a biorefinery.
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.
