Tag: Eni

CERAWeek: Europe’s natural gas network is lacking, Eni boss says

Europe’s natural gas markets have been handicapped by a lack of infrastructure, essentially creating many separate segments instead of one united market, CEO Claudio Descalzi told CERAWeek attendees.  More »

Exxon Mobil starts production at its new deepwater project in the Gulf

Total production of the project is expected to reach about 300 million cubic feet of gas and 3,000 barrels of liquids per day from two wells.  More »

Cyprus draws Norway parallel after latest gas quest failure

President Nicos Anastasiades told reporters Thursday he’s not disheartened by the failure of an Italian-South Korean consortium to find commercially viable amounts of gas during exploratory drilling in an area off Cyprus’ southern coast.  More »

Businesses upbeat on Egypt’s chances at investment meeting

Saturday’s focus shifted to the private sector, with several companies announcing agreements, including some from Germany’s Siemens AG that were the largest single package signed at the three-day conference.  More »

France’s Total says it couldn’t find gas off Cyprus

The company said Wednesday that it’s now talking to Cypriot authorities on possibly continuing with more exploration work in waters off the east Mediterranean island.  More »

ConocoPhillips sees first oil from Norwegian startup field

The company is pumping new barrels of oil in Norwegian waters as oil prices have fallen by more than half since June.  More »

Companies announce first oil from deep-water Gulf fields

Oil has begun flowing at the Jack/St. Malo project in the deep-water Gulf of Mexico.  More »

Oil companies forfeit Arctic drilling rights

Oil companies that had locked up more than 1.3 million acres of the Beaufort Sea for drilling in 2007 have since relinquished nearly half that territory, signaling the industry’s appetite for tapping those Arctic waters may be waning even as the Obama administration makes plans to auction off more of the area.  More »

Human errors account for 80% of offshore accidents, exec says

Safety must be the backbone of any offshore company’s corporate culture because four of every five major offshore accidents are caused by human errors rather than mechanical or structural failures, an Anadarko Petroleum executive said Monday.  More »

Companies discuss technology for building pipeline better

An Italian oil service company recently finished laying a huge swatch of pipeline across the Gulf of Mexico and will soon launch a new project on the other side of the globe.  More »

Iran plans to meet foreign oil companies to seek investment

Iran plans to meet with international oil companies as soon as March to try to entice investors to its energy industry once world powers lift sanctions, the Persian Gulf state’s oil minister said.  More »

ConocoPhillips begins production of North Sea natural gas field

ConocoPhillips will begin producing natural gas at its Jasmine field in the North Sea, the company announced Wednesday morning.  More »

Berber militia takes western Libya oil facility

The complex is a joint venture between Libya’s National Oil Corp. and Italian oil firm Eni SpA.  More »

Somalia targets Shell, Eni for oil, gas output-sharing contracts

Somalia plans to sign 30 oil and gas production-sharing contracts this year, starting with companies that operated in the country before its government was toppled more than two decades ago, an official said.  More »

US shale revolution hinges on exports, execs say

The United States is uniquely positioned to harvest newly accessible natural gas reserves and sell the fossil fuel overseas — but that hinges on the Energy Department’s support for exports, executives said Wednesday.  More »
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