All publications by tag «ENI»
2018, February, 2, 12:08:00
ZOHR INCREASES OUTPUT
BLOOMBERG - Zohr, the largest undersea gas discovery in the Mediterranean, will pump 1.7 billion cubic feet per day before the end of 2018, el-Molla said in a televised ceremony to inaugurate the field. Egypt is talking with Rome-based Eni to increase output to reach the 2019 production target this year instead, he said.
2017, December, 18, 12:10:00
EXXON BOUGHT MOZAMBIQUE
ExxonMobil Development Africa B.V. has acquired a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.
2017, October, 13, 12:35:00
ROSNEFT - ENI GAS DEAL
Rosneft closed the deal to acquire a 30% stake in the concessions agreement for the development of Zohr field, the largest gas field in the Mediterranean Sea, from Italian company Eni S.p.A.
2017, May, 18, 19:00:00
ROSNEFT & ENI AGREEMENT
Rosneft and Eni S.p.A. entered into a Cooperation extension agreement in the areas of upstream, refining, marketing and trading during the visit of an Italian delegation to Russia. The document was signed by Rosneft CEO Igor Sechin and Eni CEO Claudio Descalzi in the presence of Russian President Vladimir Putin and Italian Prime Minister Paolo Gentiloni.
2017, May, 11, 20:00:00
ENI NET PROFIT € 965 MLN
Group results
Adjusted operating profit: €1.83 billion, up by 215% or €1.25 billion, vs first quarter of 2016
Adjusted net profit: €0.74 billion (up by €0.74 billion vs the first quarter of 2016)
Net profit: €0.97 billion
Strong cash generation: €1.93 billion, up by 41% vs the first quarter of 2016; €2.60 billion before changes in working capital at replacement cost, up by 76%
Capex: €2.83 billion (€2.42 billion on a pro-forma1 basis), in line with our strategy to bring cashgenerative projects on stream in 2017
Disposals agreed in the first quarter of 2017 of €2.9 billion, approximately 60% of the minimum target planned for the 2017-2020 four-year period
Net debt: €14.9 billion, in line with the end of 2016
Leverage at March 31, 2017: stable at 0.28
2017, March, 2, 20:00:00
ENI NET LOSS €1 BLN
In the fourth quarter of 2016, Eni reported an adjusted operating profit of €1.29 billion, up by 103% or €0.65 billion quarter-on-quarter, reversing the negative trend of the previous quarters, thanks to doubling in the E&P operating performance to €1.4 billion (up by €0.8 billion).
2017, January, 20, 18:35:00
LNG FOR PAKISTAN
Pakistan LNG Limited opened the financial bids for the supply of 240 shipments of LNG January 19. Gunvor has bagged a five-year contract to supply 60 shipments while Eni has been awarded a 15-year contract to supply 180 shipments.
2016, December, 12, 18:35:00
ENI - ROSNEFT DEAL
Eni has agreed a $1.125bn deal to sell a 30 per cent stake in its giant Egyptian gas field Zohr to Rosneft, as the Italian company continues efforts to monetise the recently-discovered field.
2016, November, 28, 18:30:00
BP BUYS 10%
BP announced that it has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for $375 million.
2016, August, 15, 18:35:00
ENI SELLS ZOHR
Eni owns the whole of Zohr and has said it is interested in bringing in partners as part of its strategy of selling some of its prize acreage to help meet a target of raising 5 billion euros from asset disposal over the next two years.