Africa Oil & Gas: Shell, Eni, Exxon win blocks in Egypt

Africa Oil & Gas: Shell, Eni, Exxon win blocks in Egypt

Egypt held a tender for oil and gas exploration, and Royal Dutch Shell (NYSE: RDS.A) won the most (three for oil and two for gas). ExxonMobil (NYSE: XOM) made its debut in Egypt.

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Sustainability: Eni and UNDP to promote sustainable energy and SDGs in Africa

Sustainability: Eni and UNDP to promote sustainable energy and SDGs in Africa

Energy major Eni SpA and the United Nations Development Programme (UNDP) are joining forces to improve access to sustainable energy and help achieve the Sustainable Development Goals (SDGs) in Africa. The partnership is the first of its kind between UNDP and a global energy company. The Memorandum of Understanding (MoU) was signed by Eni Chief Executive Officer Claudio Descalzi and UNDP Administrator Achim Steiner during an official ceremony hosted by the Permanent Mission of Italy…

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Mozambique Oil & Gas: South Korean quartet boasts major role in Coral South FLNG project

The Export-Import Bank of Korea (Korea Eximbank) said it will provide $1 billion in project financing for the Eni-led Coral South FLNG project offshore Mozambique. In addition to Korea Eximbank’s $1 billion, Korea Trade Insurance Corporation (K-sure) will provide $0.8 billion, making up 22.5 percent of total project costs or 36 percent of project finance.

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MEDIA ADVISORY: Eni CEO Claudio Descalzi at the IEA, live webcast on April 15, 11:00 a.m. Paris time

The 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,…

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Mozambique Oil & Gas: Cabinet offers more gas and oil blocks week after elections

Mozambique on Thursday opened up 15 new offshore and onshore areas for gas and oil exploration and production in its north, centre and south, a week after national elections which are expected to return the ruling Frelimo party to power.

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