At the company’s annual meeting, Eni of Italy has named its board of directors for the new term of three financial years with Claudio Descalzi being named the company’s president and CEO.
Read MoreEni’s CEO, Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum, Tarek El Molla signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt.
Read MoreThe sacking of Mozambique’s energy minister will not affect Italian oil firm Eni’s final investment decision on an offshore gas project there, Eni Chief Executive Claudio Descalzi said on Friday as reported by Reuters.
Read MoreExxonMobil’s Chief Executive Rex Tillerson and his counterpart at Eni Claudio Descalzi met Mozambique’s President Filipe Nyusi last Tuesday. The expectation is that a deal for the United States supermajor to acquire around a 20% stake in Eni’s offshore Area 4 – first reported in March – will be announced soon. However, even if declared, the deal could take up to six months to close depending how new tax legislation in Mozambique is applied. READ MORE…
Read MoreThe IEA is honoured to welcome Claudio Descalzi Chief Executive Officer of Eni who will speak on “African development and access to energy” at 11:00 Paris time on Friday, 15 April 2016 Watch the live webcast on http://www.iea.org Claudio Descalzi has been CEO of Eni since May 2014 after joining the Italian energy giant in 1981 as Oil & Gas field petroleum engineering and project manager, for the development of projects in the North Sea,…
Read MoreMozambique’s Council of Ministers approved the plan of development for Eni’s floating LNG project on Tuesday, 23 February, paving the way for to company to take a final investment decision (FID) later this year, according to a report in Natural Gas Daily (NGD) as quoted by Zitamar news portal.
Read MoreEni of Italy said its adjusted net profit dipped 84 percent to €139 million amid a sharp decline in oil prices. In the second quarter, Eni’s hydrocarbon production was 1.754 million boe/d, up by 10.7 percent on year.
Read MoreThe President of the Republic of Mozambique, Filipe Nyusi, for the first time since his appointment last January, met in Maputo Eni’s CEO Claudio Descalzi. The meeting was also an opportunity for Eni’s CEO to update the President on the progress of ongoing projects in Mozambique over the development of the Area 4, where resources of approximately 85 Trillion cubic feet of gas in place have been so far discovered.
Read MoreEni has been awarded a three-year extension from the Angolan authorities to the exploration period of the prolific Block 15/06, located in Angola’s offshore, approx. 350 kms north-west of the capital Luanda and 130 kms east of Soyo town.
Read MoreEni and Sonangol will set up a joint team aimed at studying the potential of the non-associated gas present in the Lower Congo Basin. The companies will be committed to develop projects on the mid-downstream business to be carried out in Angola. The Chairman of Sonangol, the National Oil Company of Angola, Francisco de Lemos Maria, and Eni’s CEO Claudio Descalzi signed today a strategic agreement on future co-operation activities and joint projects in the oil and…
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