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Italian Eni to divest to Rosneft a 30% stake in Zohr field offshore Egypt
Italian energy company Eni agreed to sell a 30% stake in giant Egyptian gas field Zohr to Russian major Rosneft for $1.58 billion, as a part of the Eni’s plans to raise cash to confront low oil prices.
read more... 13/12/2016
The European Commission approves Belgian offshore renewables support scheme
The European Commission authorized on Thursday Belgium's plans to support electricity generation from offshore renewable energy, stating that they comply with EU state aid rules.
read more... 09/12/2016
BP acquires stake in Eni's giant Zohr gas field offshore Egypt
BP has decided to acquire 10 percent of Eni's Shorouk concession offshore Egypt, which comprises the giant Zohr gas field, for $375 million, joining other oil majors in raising bets on the developing gas market.
read more... 28/11/2016
Eni approves investment plan for Coral South Project in Mozambique
Eni’s board of directors gave the go-ahead to the investment plan for the first phase of Coral South project in offshore Mozambique, marking a significant step towards the final investment decision.
read more... 24/11/2016
EDF Energies Nouvelles mulls offshore wind partnership with China
EDF Energies Nouvelles (EDF EN), the renewable energy arm of French state-owned utility EDF, is negotiating with Chinese companies about a possible partnership to build offshore wind park in China.
read more... 23/11/2016