Eni to Invest 20B Euros in Africa in Next Four Years
PARIS, April 15 (Reuters) - Italy's Eni plans to invest about 20 billion euros ($22.52 billion) in Africa over the next four years, mostly in oil and gas, the company's Chief Executive Officer Claudio Descalzi said on Friday.
"In the next four years we are going to invest about 20 billion euros in Africa, about 60 percent of our investments," Descalzi said at the International Energy Agency in Paris.
(Reporting by Bate Felix and Stephen Jewkes; editing by Geert De Clercq)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 12 Offshore Rigs
- Eni Looks To Strengthen Ties With Rosneft, Maybe In LNG (Oct 19)
- Eni Bets Big on Zohr Explorer Finding New Treasure (Oct 06)
- Eni Inks Cooperation Deal With China's CNPC (Sep 13)