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ENI Gets New East Delta Concession

ENI signed an agreement for a new concession in Egypt. The concession, the Nour, is located offshore Egypt in the East Nile Delta Basin. The concession is located in water depths ranging from 50 to 400 meters and covers a total area of 739 sq km. According to a statement released by the Italian firm, […]

August 15, 2018 Read More

Another Red Light for Kudu?

The long-delayed Kudu gas-to-power in Namibia may never see the light of day. According to Tom Alweendo ,the country’s energy minister, the project may not be viable. Speaking on state broadcaster, Namibia Broadcasting Corp., Alweendo said he was not sure the project would take off after years of delays due to the related export agreements. […]

August 15, 2018 Read More

ENI Issued Nile Delta Extension Agreement

ENI was issued a new Nile Delta Concession Agreement by Egyptian authorities. The new agreement allows for a 10-year extension of ENI’s Abu Madi West Development Lease, where the Nooros field is located. It also allows for further exploration activities within the El Qar’a Exploration Lease. Both the Abu Madi West and the El Qar’a […]

August 15, 2018 Read More