Drilling

As Egypt’s largest oil and gas investor, Eni is ramping up its 2026–2027 drilling campaign with new investments cross the Mediterranean offshore, Nile Delta, Western Desert, and offshore Sinai to strengthen the country’s role as a regional gas and LNG export hub.
The deals, with a potential value exceeding $3.7 billion, are aimed at strengthening Saudi Aramco’s supply chains and expanding its use of industrial artificial intelligence.
Brownfield redevelopment and new exploration projects could lift Venezuelan output above 2 million B/D by next decade.

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