Eni
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The contractor will see the delivery of its first subsea production systems to Azule Energy.
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The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.
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The new well in offshore Bloc 9 is expected to wrap up by year-end.
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Congo LNG, expected to hit capacity in 2025, aims to transform the African country into a natural gas exporter.
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Italian company finds 200 million BOE with its Block 7 exploration well.
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The strategic agreement puts the partners’ joint activities on a more certain path to connecting the first fusion power plant based on magnetic confinement to the electrical grid by early 2030.
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Wind projects sweep across the globe; offshore wind and green hydrogen dive into the North Sea; and the Sunshine State gets a bit brighter.
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QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis.
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The deal marks the biggest injection into Libya's flagging oil and gas industry in 2 decades, but not everyone in the ruling government is on board.
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The new facility will hook into Eni's FSRUs and other Marine XII development infrastructure.