Eni has officially commenced gas production from the Argo Cassiopea field in Italy, Trend reports. The gas, extracted from one of four subsea wells recently drilled in the Strait of Sicily, is being transported via a 60-kilometer subsea pipeline to the Gela processing plant. Once processed, the gas will be …
Read More »Eni Looks to Spin off Oil and Gas Projects
Eni is considering spinning off some stakes in oil and gas projects in Asia and Africa to have partners for their development while putting aside more money into lower-carbon energy projects, sources in the Italian major have told Reuters. For years, Eni has been taking a different approach to conventional …
Read More »Eni and Qatar Sign 27-Year LNG Supply Deal for Italy
Eni SpA signed a 27-year liquefied natural gas deal with QatarEnergy, marking the Gulf nation’s third major contract with a European firm this month. Starting in 2026, a joint venture between the Middle Eastern company and Eni will deliver as much as 1.5 billion cubic meters of LNG per year …
Read More »Iraq Ranks Fifth Globally in Oil Reserves, Eni Reports
Iraq has secured its position as the fifth-largest country worldwide regarding oil reserves, as stated by the Italian oil corporation Eni. Eni’s data reveals that Iraq has a substantial oil reserve of 145.019 billion barrels for 2022, reflecting a marginal compound growth rate of 0.1%. In 2010, Iraq held 143.100 …
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