Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Completion of combination of Eni’s UK upstream operations

General – Upstream Assets

Eni announced the completion of the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities with Ithaca Energy.

[Read more…] about Completion of combination of Eni’s UK upstream operations

Saipem pre-qualifies for work at Libya’s offshore gas project

Fossil Energy – EPCC

Saipem has pre-qualified to carry out EPCC works for Production Platform E – part of the $8 billion structures A&E Development Project, which aims to increase Libya’s gas production.

[Read more…] about Saipem pre-qualifies for work at Libya’s offshore gas project

Israel awards gas exploration licences to Eni, BP and four others

Fossil Energy – Licences Israel

Israel’s Energy Ministry said on Sunday it had awarded 12 licences to six companies to explore for natural gas off the country’s Mediterranean coast, aiming to create more competition and diversify suppliers.

[Read more…] about Israel awards gas exploration licences to Eni, BP and four others

Eni acquires Chevron’s assets in Indonesia

Fossil Energy – Indonesia Acquisition

Eni announces the acquisition of Chevron interests, including Operatorship, in the Indonesian Blocks named Ganal PSC (Chevron 62%), Rapak PSC (Chevron 62%) and Makassar Straits PSC (Chevron 72%), in the Kutei Basin, offshore East Kalimantan.

[Read more…] about Eni acquires Chevron’s assets in Indonesia

Proposed acquisition of Neptune Energy by Eni and Vår Energi

Fossil Energy – Acquisition

Neptune Energy today announced that Eni International has signed a sale and purchase agreement to acquire Neptune Energy with Vår Energi simultaneously signing an inter-conditional sale and purchase agreement to acquire Neptune Energy Norge for an aggregate enterprise value of $4.9 billion.

[Read more…] about Proposed acquisition of Neptune Energy by Eni and Vår Energi

Eni inaugurates Congo LNG project in Congo

Fossil Energy – LNG in Congo

The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, yesterday laid the foundation stone of Congo LNG, the country’s first natural gas liquefaction project and one of Eni’s core supply diversification initiatives.

[Read more…] about Eni inaugurates Congo LNG project in Congo

Saipem decided to use renewable fuels on naval fleet

General – Renewable Fuels

Eni Sustainable Mobility and Saipem have signed a Memorandum of Understanding (MoU) with the aim of employing biofuels on Saipem’s drilling and construction naval vessels, with particular attention to operations in the Mediterranean Sea.

[Read more…] about Saipem decided to use renewable fuels on naval fleet