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.
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.
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.
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.
Plenitude, a company controlled by Eni, has started production at the second 200 MW block of the Renopool photovoltaic project, located in the municipality of Solana de los Barros, in Badajoz (Extremadura, Spain).
Eni and Petronas have established Searah, a 50/50 joint venture combining key businesses in Indonesia and Malaysia, finalised seven months after their investment agreement and 16 months after signing a memorandum of understanding.
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.
