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Eni Finds 2 Tcf Gas Offshore Egypt

Eni has announced a 2 Tcf gas and condensate discovery at Denise W-1 in Egypt’s offshore Temsah Concession. The find is close to existing infrastructure, supporting a fast-track development path in the Eastern Mediterranean.

Eni secures $150m AfDB loan for Coral Norte FLNG

The African Development Bank has approved a $150 million senior loan for Eni’s Coral Norte FLNG project in Mozambique’s Rovuma basin, part of an offshore LNG development costing over $7 billion and forecast to generate above $20 billion in government revenues.

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