(Eni, 26.Mar.2024) — Eni renewed its membership participation in the MIT Energy Initiative (MITEI) as a Founding Member until end of 2027, furthering its commitment to the field of low-carbon energy research. The agreement demonstrates Eni’s consideration of innovation and research as core drivers behind its short-, medium- and long-term […]
Tag: Eni SpA
Eni, Fincantieri and RINA Team up Against Maritime Transport Decarbonization
(Eni, 25.Mar.2024) — Eni, Fincantieri, one of the world’s largest shipbuilding groups, the only one active in all high-tech marine industry sectors, and RINA, a multinational inspection, certification, and engineering consultancy, have signed an agreement to develop joint initiatives for the energy transition. The partnership formalises the commitment to develop […]
Eni Completes Sales of Some Congo Assets to Perenco
(Eni Spa, 12.Mar.2024) — Eni announced the closing for the sale to Perenco of Eni participation interest in several upstream permits in Congo, non-core to the company strategy in the Country, after having obtained the approval of relevant authorities. The transaction is consistent with Eni’s strategy to focus its Upstream […]
Repsol CEO Josu Jon Imaz comments on Venezuela situation, Cardon IV production
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 22.Feb.2024) — Repsol CEO Josu Jon Imaz commented on the Spanish company’s operations in Venezuela under Washington’s most recent OFAC license. “We are putting the same metrics we had in November before the license approved by the American administration at the end of the […]
Eni CFO Gattei Says Venezuela ‘Clearly Is Now An Opportunity’
(Energy Analytics Institute, 27.Oct.2023) — The CFO of Eni S.p.A., Francesco Gattei, commented on the situation in Venezuela during the Italian company’s third quarter 2023 conference call with analysts. Gattei said the Opec country is “clearly is now an opportunity”, referring to the state of play in the country after […]
Enilive’s Diesel from 100% Renewable Raw Materials Powers Lannutti’s Fleet
(Eni, 19.Oct.2023) — Enilive (Eni Sustainable Mobility), through the Eni Fuel company, and Lannutti Group, a leading operator in the logistics and road transport sector, have signed an agreement for the use of HVOlution, a diesel fuel produced from 100% renewable raw materials*. With 300 trucks in its Italian fleet […]
Eni Extends Support to Libya Following Floods
(Eni, 20.Sep.2023) — Following the devastating floods that have hit Libya last week as a result of storm Daniel, Eni, in cooperation with the Libyan National Oil Corporation (NOC)’s emergency committee, has mobilized the provision of supplies, rescue teams, and critical equipment to support the people affected by the disaster. […]
Eni UK Reveals Award of Second UK CO2 Storage License
(Eni, 15.Sep.2023) — Eni announces that its subsidiary in the United Kingdom (Eni UK) has been awarded a Carbon Dioxide Appraisal and Storage Licence (CS Licence) by the North Sea Transition Authority (NSTA) for the depleted Hewett gas field located 20 km offshore from Bacton, in the Southern North Sea […]
EAI’s NRGBriefs: May 2023
(Energy Analytics Institute, 31.May.2023) — Energy briefs as well as others related to finance and politics during May 2023 including Venezuela planning to issue a license next month to Eni SpA and Repsol SA to export natural gas, Petrobras receiving an arbitration award that fully rejected the claims made by […]
Eni Reports 1Q:23 Financial, Operational Results [PDF Downloads]
(Eni, 28.Apr.2023) — Eni‘s Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the first quarter of 2023. ____________________
Eni Prices €2bn Bond, Its First Sustainability-Linked Issuance in Italy
(Eni, 23.Jan.2023) — Eni S.p.A. announces that the gross annual nominal interest rate of its first sustainability-linked bond dedicated to public in Italy has been set at 4.30%. Highlights: — Received orders from over 300,000 investors for over €10bn, compared to €1bn initially offered, then increased to €2bn to meet […]
NRGBriefs: Eni Plenitude S.p.A. Società Benefit Postpones IPO
(Energy Analytics Institute, 23.Jun.2022) — Energy briefs including Eni Plenitude S.p.A. Società Benefit informing that shareholder Eni S.p.A. have postponed an IPO of ordinary shares for listing on Euronext Milan due to a deterioration in market conditions; and GTC Vorro Technology expanding with the launch of its technology licensing division. […]
NRGBriefs: Washington yet to Ease Sanctions on Venezuela
(Energy Analytics Institute, 16.Mar.2022) — Energy briefs including Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) receiving TSX Venture Exchange approval of a definitive agreement with vendors; and Washington continuing to evaluate easing sanctions on Venezuela that could allow Chevron and other cos. to take control of their […]
TotalEnergies Seeks Exit from Venezuelan Gas Projects
(Bloomberg, 10.Feb.2022) — TotalEnergies SE is negotiating an exit from its natural gas operations in Venezuela, just months after the French energy giant closed its oil business in the country. The company is pulling out of its majority stake in YPergas SA, a joint venture in central Guarico state that produces […]
Eni Reveals New Oil Find Offshore Mexico
(Eni, 2.Aug.2021) — Eni announces an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Salina Sureste Basin, Offshore Mexico. According to preliminary estimates the new find may contain between 150 and 200Mboe in place. Sayulita-1 EXP, which […]
Venezuela’s Oil Exports Stabilize
(Reuters, 1.May.2021) — Venezuela’s April oil exports were flat at about 700,000 barrels per day (bpd) for the third month in a row, with three-quarters of its shipments headed to Asia and the Middle East, according to tanker tracking data and documents from state-run Petroleos de Venezuela. PDVSA’s exports have […]
Nabarima FSO Completes Oil Offloading
(Reuters, 8.Apr.2021) — A floating facility off the Venezuelan coast has finished offloading crude stored in it for the past two years due to U.S. sanctions, paving the way for output to resume in an oilfield, an official of the facility’s operator said on Thursday. Operations to remove crude from […]
Sign of Venezuela’s Oil Collapse Is Storage Surge
(Bloomberg, 23.Oct.2020) — Venezuelan crude inventories have surged 84% over the last three weeks as the threat of U.S. sanctions ward away buyers of the nation’s most important commodity. That raises the risk that state-run PDVSA will have to start shutting in production again, and is the latest sign that […]
Weatherford Signs Four-Year Contract with Eni S.p.A
(Weatherford, 8.Jul.2020) — Weatherford International plc has been awarded an exclusive four-year contract with Eni S.p.A. The contract will provide a minimum of 30 Non-Umbilical Downhole Deployment Valves (NU-DDV™) that will be deployed in Eni’s critical wells, improving their operational safety and reservoir performance. “This award is the result of two […]
Venezuela Weighs Privatizing Oil
(Bloomberg, 27.Jan.2020) — Facing economic collapse and painful sanctions, the socialist government of Venezuelan President Nicolas Maduro has proposed giving majority shares and control of its oil industry to big international corporations, a move that would forsake decades of state monopoly. Maduro’s representatives have held talks with Russia’s Rosneft PJSC, […]
McDermott Awarded EPC Contract By ENI México For Amoca Field Offshore
(McDermott, 30.Apr.2019) — McDermott International, Inc. announced the award of a contract by ENI México for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field, located approximately 18 miles (30 kilometers) offshore Dos Bocas in southeast Mexico. The four-deck topsides will have two […]