Thursday 8 December 2016
 
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Eni

BP buys 10pc stake in Egypt’s super-giant gas field

BP has reached an agreement with Italian oil company Eni to buy 10 per cent of its Shorouk concession offshore Egypt, which includes the super-giant Zohr gas field, for $375 million. On closing, BP will also reimburse Eni for BP&r

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Eni in deal with Adinlube for Saudi market

Italian giant Eni has entered the Saudi Arabian lubricants market following a strategic partnership with Saudi-based Advanced International Lubricants Company (Adinlube) for the blending, distribution, sales and marketing of Eni lubricants in th

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Eni in deal with Adinlube for Saudi market

Italian giant Eni has entered the Saudi Arabian lubricants market following a strategic partnership with Saudi-based Advanced International Lubricants Company (Adinlube) for the blending, distribution, sales and marketing of Eni lubricants in th

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Eni agrees renewables energy deal with Egypt

Italian oil major Eni has agreed a common strategy with Egypt to build renewable energy projects in the country, the company said on Thursday. The first project will be a solar plant in Sinai with a maximum output of 50 megawatts.

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Eni delays $3bn sale of retail arm

Italian oil major Eni has delayed the planned $3.4 billion sale of its domestic retail business, sources said, as political uncertainty caused by an upcoming referendum on democratic reform hinders major deals across the country.

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Qatar considers joining Exxon's Mozambique gas move

Qatar Petroleum is interested in the Mozambique gas business of Italian energy group Eni and could opt to join Exxon Mobil in buying a multibillion-dollar stake, sources familiar with the matter said. State-controlled Eni is looki

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Eni, BP drill two wells in field southeast of Delta

Italy-based Eni and BP, the UK energy giant have finished drilling two wells in the South Baltim field, located southeast of the Delta in Egypt, a report said. The production of 350 million cu ft of gas daily from the project will

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Iraq, oil companies agree to restart investment

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said.

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Iraq, oil companies agree to restart investment

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said.

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Eni, BP eye 350m cu ft of gas from Egypt field

Italian oil company Eni and British BP will aim to produce 350m cu ft per day of gas from the discovery in South Baltim east of the Nile Delta in Egypt by the end of the current fiscal year, a report said. The production will be l

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