As part of the Mozambican government’s fifth licensing round, the National Petroleum Institute today signs two oil and gas prospecting and exploration contracts relating to areas PT5-C and A5-A with Sasol and Eni.
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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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Even in the shipyards everything stops, albeit briefly, to observe ancient customs and their complex rituals. Everyone knows about the launching of a ship and the breaking of a champagne bottle over the bow. Less well-known is the first steel cut: a little like the laying of the first stone in a building project, the cutting of the first steel sheet for the hull is the first tangible step in the building of a ship. It has been commemorated for…
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A Milan court sentenced two defendants in a Nigeria corruption case to jail on Thursday in what is a first ruling on one of the oil industry’s biggest graft scandals.
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An Italian court found oil services group Saipem and a former chief executive guilty of corruption in a long-running trial over bribes in Algeria but acquitted oil major Eni.
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Italian energy giant Eni said it has made a gas discovery in the Egyptian Western Desert on the Faramid South exploration prospect located in East Obayed concession, 30 km North-West of the Melehia Concession.
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Mozambique is on the cusp of a new wave of prospecting for gas and oil with the imminent adoption of revised model gas contracts. In 2015, the National Petroleum Institute (INP) announced the results of the fifth licencing round for the exploration and production of hydrocarbons.
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UK-based pumps and associated equipment manufacturer, Amarinth secured orders totaling $750,000 for pumps for Eni’s Coral South FLNG development off Mozambique.
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Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to the Oil & Gas, petrochemical, chemical, industrial and power markets, has secured orders totalling USD 750K of API 610 OH2 pumps with Plan 53B support systems for the Coral South Development Project, Mozambique.
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Eni has signed a new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi West Development Lease (203 km2), containing the Nooros offshore gas field.
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