ENI Company News

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Eni Restructures With Two New Business Groups
Friday, June 05, 2020Alessandro Puliti will lead Natural Resources and Massimo Mondazzi will lead Energy Evolution.

Eni's Latest Mexico Well Disappoints
Wednesday, May 06, 2020Operations have been completed on the Ehecatl-1 exploration well on Block 7, located in the Sureste Basin Offshore Mexico.

Eni Cuts Production Forecast, Sees 94 Percent Slump in Profit
Friday, April 24, 2020The bulk of the cuts --eighty percent-- will come from the exploration and production business.

Eni Extends Charter of Knot Offshore's Torill Knutsen
Wednesday, April 22, 2020Eni now has the option to extend the time charter by two one-year periods until November 2024.

Eni Withdraws 2020 Share Buyback Plan
Friday, March 20, 2020The company will reconsider it if Brent crude recovers to at least $60 per barrel.

Eni's Estimated Agogo Bounty Goes Up
Friday, February 28, 2020The Agogo field's estimated oil in place has hit 1 billion barrels.

Pakistan LNG May Nix Eni, Gunvor Contracts
Tuesday, February 25, 2020A slump in spot prices and abundant production have created opportunities for cheaper supply.

TechnipFMC Alliance with BP Adds Emerging Tech
Thursday, February 20, 2020The companies' 20-year alliance now includes an emerging technology designed to process hard-to-recycle PET plastic waste.

Eni Unit to Develop Plastic Waste Recycling Tech
Wednesday, February 19, 2020Eni's Versalis subsidiary and the Italian engineering firm S.R.S. are developing a technology to chemically recycle plastic waste.

Global Oversupply Equals a Tough Year for LNG Exporters
Friday, February 14, 2020Demand is insufficient to absorb rising global supplies of this super-cold fossil fuel.

Eni to Charter New LNG-fueled Tankers
Tuesday, February 11, 2020Knutsen NYK Offshore Tankers has won a contract to build two LNG-fueled shuttle tankers for Eni.

$500MM+ in Offshore Contracts Go to Saipem
Friday, February 07, 2020This photo shows the Saipem 7000 crane and pipelay vessel. PHOTO SOURCE: Saipem

Venezuela Mulls Privatizing Oil Amid Economic Freefall
Monday, January 27, 2020It would be a move that forsakes decades of state monopoly.

Eni Signs Supply Deal with Nigeria LNG
Monday, January 27, 2020Eni S.p.A. reported Monday that it has signed a long-term supply agreement with Nigeria LNG.

Angola's Oil Drilling Ramps Up
Friday, January 17, 2020Angola's ailing oil industry got a shot in the arm this week, with Eni SpA and Total SA both showing their commitment to the OPEC producer.

Offshore Contractors Primed For a Busy 2020
Wednesday, January 08, 2020Some industry insiders have doubts about whether there is sufficient contractor capacity to deal with the expected volume of business.

Eni Returns to Albania
Friday, December 20, 2019Eni CEO Claudio Descalzi and Albania Minister of Infrastructure and Energy Belinda Balluku sign the Dumre Block production sharing contract as Albanian Prime Minister Edi Rama (standing, right) and an unidentified individual watch. PHOTO SOURCE: Eni

Oil Industry Balancing Growth, Carbon Footprint Cuts
Tuesday, November 05, 2019Here are a few popular industry strategies for cutting carbon footprints.

Eni to Become Nigeria's Top Power Producer
Wednesday, October 23, 2019Eni reports record time-to-market with Niger Delta well.

Deepwater Transformation Sparking New Interest
Thursday, October 17, 2019Changes have revived interest in deepwater projects and enabled new ones in regions including the North Sea, the Gulf of Mexico and China Seas.

Kazakhstan Seeking Additional $1B From Shell, Eni
Thursday, September 26, 2019Royal Dutch Shell Plc, Eni SpA and their partners in the Karachaganak oil and gas venture may be required to pay an additional $1 billion to settle a dispute with Kazakhstan over revenue sharing.

Offshore Egypt Field Starts Production
Tuesday, September 17, 2019Eni reported that the Baltim South West gas field offshore Egypt has begun production in record time.

Eni Wins Offshore Indonesia Block
Monday, August 26, 2019Eni reported that it has won the West Ganal exploration block in Indonesia’s offshore Kutei Basin.

Eni Profit Misses
Friday, July 26, 2019Eni SpA reported second-quarter profit that missed analysts' estimates, though production held steady and output-growth targets were confirmed.

Eni Makes Discovery Offshore Vietnam
Wednesday, July 24, 2019Eni has discovered natural gas and condensate in the Ken Bau prospect.

The Plastics Backlash has Some Oil Giants Worried
Thursday, July 04, 2019Recycling and bio-plastics are set to impact the future of global oil and gas demand.

Eni Claims Offshore Mexico Milestone
Tuesday, July 02, 2019Eni launched the early production phase from the Mizton field in Area 1, which is located in Mexico’s Bay of Campeche.

African FLNG Might Disrupt Global Gas Trade
Friday, March 29, 2019Lower costs, greater speed, and ability to simply disengage for new waters, make FLNG an attractive option in Africa.

Eni Pilots Platform Wave Power Tech
Wednesday, March 27, 2019Eni contends the system could ultimately power medium and large offshore assets.

Offshore Indonesia Contract Goes to TechnipFMC
Tuesday, March 26, 2019Eni approved the Merakes development plan last year.

Eni Finds Gas Offshore Egypt
Thursday, March 14, 2019Eni has made a gas discovery at the Nour prospect offshore Egypt.

Eni Inks Farmout Deal with Qatar Petroleum for Mozambique Block
Monday, March 11, 2019Eni and Qatar Petroleum have entered into a farmout agreement which will allow Qatar Petroleum a 25.5 percent participating interest in Block A5-A offshore Mozambique.

One Killed, Two Injured at Eni Gas Platform Offshore Ancona
Wednesday, March 06, 2019A crane fell at the platform, killing the operator and injuring two others.

Eni Bags Two Exploration Blocks Onshore Egypt
Friday, February 15, 2019Eni is being granted two onshore blocks further strengthening its position in Egypt.

Eni Starts New Production Well Offshore Angola
Thursday, January 24, 2019Eni has launched a new production well in the Vandumbu field offshore Angola.

Eni Secures Two Deals for Oman Blocks
Monday, January 14, 2019Eni on Monday announced it had entered into agreements with BP and Oman Oil Company Exploration and Production for two blocks in Oman.

Eni to Operate Alaska Oil Field
Thursday, January 03, 2019Eni strikes a deal with Caelus Natural Resources Alaska LLC to acquire 70% and operatorship of the Oooguruk oil field.

Eni Spuds Well in Central North Sea
Monday, December 31, 2018Eni has begun drilling operations on the Rowallan exploration well in the Central North Sea.

Eni Makes Gas Discovery Offshore Indonesia
Wednesday, December 19, 2018Eni has made its third consecutive successful find in Indonesia.

Qatar Petroleum Boosts Offshore Mexico Profile
Monday, December 17, 2018QP will gain a stake in three Eni-operated fields in Mexico's shallow-water Area 1.

Offshore Angola Field Achieves First Oil
Monday, December 10, 2018Eni starts oil production from the Vandumbu field in Block 15/06 offshore Angola.

Eni and Lukoil Form Offshore Mexico JVs
Tuesday, November 06, 2018Eni and Lukoil have signed a farm-out deal to transfer participating interests in three shallow-water exploration licenses offshore Mexico, Eni reported.

Offshore Mozambique Block Goes to Eni
Wednesday, October 17, 2018Eni has bolstered its presence in Mozambique.

Offshore Mexico FPSO Contract Goes to Modec
Friday, October 12, 2018Eni Mexico to deploy the FPSO in Offshore Area 1

Eni Makes New Gas Discovery in Egypt
Thursday, August 30, 2018Eni has announced a discovery well on the Faramid South exploration prospect in East Obayed Concession.

Eni Acquires Leases on Alaska's Eastern North Slope
Wednesday, August 29, 2018Eni acquires 124 exploration leases in the Eastern North Slope of Alaska from Caelus Alaska Exploration.

Caspian Pipeline Consortium Cuts CPC Blend Export Plan by 10 Pct
Tuesday, August 21, 2018"We ... expect to pump around 60 million tonnes, but it (the export volume), of course, depends on producers," CPC said.

Eni Plans More Offshore, Onshore Egypt Drilling
Tuesday, August 14, 2018Eni has further strengthened its position in Egypt.

Eni To Invest $1.8B In Offshore Mexican Oil Fields By 2040
Tuesday, July 31, 2018Italian oil major expects to invest $1.795 billion in three offshore Mexican oil fields by 2040.

Saipem-led JV Wins Contract for LNG Project in Nigeria
Friday, July 13, 2018Nigeria LNG is a venture including Nigerian National Petroleum Corporation and oil majors Royal Dutch Shell, Total and Eni.