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.
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).
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.
Eni inaugurated a 200 kW solar plant at Lycée de Tataouine, completing its solar programme in 14 Tataouine schools. The initiative benefits around 7,000 students, teachers, and staff, promoting renewable energy access across southern Tunisia’s primary and secondary education institutions.
TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Eni for the deepwater Maha project offshore Indonesia.
Eni North Africa, the Italian energy company, has resumed its exploration activities in the offshore area northwest of Libya, specifically in Block 16/4, after a hiatus of more than five years.
Eni and the Bioenergy Association for Sustainable Development, affiliated with the Ministry of Environment of Egypt, signed in Cairo a cooperation agreement to prepare a comprehensive feasibility study for establishing biogas production units based on the treatment of animal and agricultural waste.
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).
