Eni and Venezuela’s state-owned oil company PDVSA have signed a new hydrocarbon production agreement covering the development of the giant Junín 5 oil field in the Orinoco Belt.
Eni has signed an agreement with MIWEN, a wholly owned subsidiary of YPF, and Uruguay’s national oil company ANCAP to enter the OFF-5 offshore exploration block, following regulatory approval from Uruguayan authorities. Eni will operate the block with a 50 per cent interest.
Eni and Sonatrach have signed a new Memorandum of Intent to expand cooperation on decarbonising Algeria’s oil and gas sector and reducing emissions in line with international best practices.
TechnipFMC has been awarded a contract by Eni for Baleine Phase 3, a fast-track development project aimed at expanding production from a large hydrocarbon discovery offshore Côte d’Ivoire.
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.
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.
TotalEnergies and Eni have approved the development of Cyprus’ Cronos gas field, with first production targeted for 2028. The project will supply European markets through Egypt’s LNG infrastructure, reaching around 2.8 million tonnes annually.
Eni has achieved first industrial electricity at Kazakhstan’s Mangystau Hybrid Power Plant, advancing the 247 MW gas, solar and wind project with KazMunayGas and Plenitude, supporting cleaner and reliable regional energy supply.
Adnoc is accelerating its integrated global gas growth strategy with a $6.2 billion (AED22.6 billion) final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi alongside its international partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC).
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.
