Claudio Descalzi

Africa Oil & Gas: BP, Eni To Start Drilling in Libya By Next March

Posted on by Mozambique Resources Post
Africa Oil & Gas: BP, Eni To Start Drilling in Libya By Next March

BP and Eni will begin exploratory drilling in Libya in the first quarter of next year, BP’s chief executive Bob Dudley told Reuters.

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Africa Oil & Gas: Eni acquires half of BP’s Libya oil and gas license

Posted on by Mozambique Resources Post
Africa Oil & Gas: Eni acquires half of BP’s Libya oil and gas license

Italian oil major Eni on Monday signed an accord with BP and Libyan officials under which Eni will get a 42.5% interest in an exploration and operation sharing agreement in the North African country, as well as become operator of an area where exploratory activities were suspended four years ago.

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Africa Oil & Gas: Eni becomes operator of Cabinda North, onshore Angola

Posted on by Mozambique Resources Post

  Eni’s CEO Claudio Descalzi and Sonangol’s Chairman of the Board of Directors Carlos Saturnino signed today an agreement that assigns operatorship of Cabinda North block to Eni, as well as 48%  of block’s rights. The signing took place in Luanda at the presence of the President of the Republic of Angola João Gonçalves Lourenço and the Prime Minister of Italy Paolo Gentiloni.

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Mozambique Oil & Gas: Country to earn $16Bi with Coral FLNG

Posted on by Mozambique Resources Post

The Mozambican government is expected to earn $ 16 billion over the 25-year exploration of the Coral Sul natural gas project, which was launched on Thursday and was rated by the promoters as “just an appetizer.” “It’s a great appetizer, it’s a lunch, a dinner, but we’d rather call it an appetizer compared to the much larger reserves that Mozambique has,” said Claudio Descalzi, managing director of the Italian oil company ENI.

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