Tag: Eni

Eni signs Ghasha gas concession with ADNOC
Energy

Eni signs Ghasha gas concession with ADNOC

Italy’s Eni and the Abu Dhabi National Oil Company (ADNOC) have signed a concession agreement to award Eni a 25 percent stake in ADNOC’s mega offshore gas project. Eni said in a statement that the Ghasha Concession, which has a term of 40 years, consists of the Hail, Ghasha, Dalma […]

Eni, Lukoil sign farm-out agreement
Global

Eni, Lukoil sign farm-out agreement

Eni and Lukoil signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow waters. According to the agreement, Eni will give Lukoil a 20% stake in the Production Sharing Contracts (PSC) in both Area 10 and Area 14, and will acquire a 40% […]

Eni gets new exploration rights in Mozambique
Energy

Eni gets new exploration rights in Mozambique

At the presence of the Ministry for Mineral Resources Ernesto Max Tonela, Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1.500 km to the north east of the capital […]

S&P raises Eni’s credit rating to ‘A-‘ stable
Global

S&P raises Eni’s credit rating to ‘A-‘ stable

Global ratings agency, Standard & Poor’s has raised Eni’s long-term credit rating to ‘A-’ with Stable outlook. Eni said in a statement that Standard & Poor’s also confirmed Eni’s ‘A-2’ short-term credit rating. S&P‘s decision is based on the improvement in Eni’s current and forecasted credit metrics, thanks to the […]

Eni signs research alliance with Politecnico
Global

Eni signs research alliance with Politecnico

Eni and Politecnico di Milano have formed a new strategic scientific research alliance, based on innovation and development in the circular economy, digitalisation and the transition towards an increasingly more sustainable energy system. The Rector of Politecnico di Milano, Ferruccio Resta, and the CEO of Eni, Claudio Descalzi, signed the […]