The Orinoco Oil Belt (OOB), a vast territory of 35,314 square kilometers without public service utilities or industrial facilities, remains a challenge for the takeoff of early production in new oil developments undertaken by Pdvsa and domestic and foreign partners, name
On November 20 in Moscow Eni signed an agreement to sell its 60% stake in Arctic Russia to Yamal Development, a joint venture equally owned by Novatek and GazpromNeft, Eni’s press service has said.
A giant platform currently under construction in South Korea could be ready to pump the first Barents Sea oil already next fall, Barents Observer reported on November 18.
Italian energy firm ENI is demanding 60 billion Norwegian crowns ($10.1 billion) from Statoil, claiming it overcharged for natural gas over several years, Reuters reported on November 8, citing the Norwegian business daily Dagens Naeringsliv.
Eni said on November 5 it signed an agreement with Quicksilver Resources to jointly evaluate, explore and develop unconventional oil reservoirs (shale oil) onshore US.
The Ukrainian government plans to discuss a draft resolution providing for the start of a project to produce oil and gas in the Black Sea.
Neon Energy Limited (ASX: NEN), a partner in Eni's Cua Lo project in Vietnam, has announced that the Cua Lo-1 exploration well, located in Block 105-110/04 (“Block 105”) offshore Vietnam, was spudded on 11 August 2013.
Italy’s ENI hit oil and gas offshore the Republic of Congo (ROC) on the Marine XII Block. The discovery was made with the drilling of the Nene’ Marine 1 well, Petroleum Africa has reported.
Eni and China National Petroleum Corporation concluded Eni’s sale today to CNPC of 28.57% of Eni East Africa’s shares, owner of a 70% interest in Area 4, located off the coast of Mozambique, Eni reported in a news release.