Mellitah Complex News Today

Eni has delivered an excellent set of operating and financial results despite a weakening scenario. This was driven by a resilient E&P result that featured a recovery in hydrocarbon production and very strong gas and LNG performance. There was also a steady contribution from biorefineries, the commercial network and continued growth from Plenitude and Power meaning the Company recorded €4.6 billion of adjusted EBIT and €2.9 billion of adjusted net profit.

Libya’s crude oil production remains well below its 3 million bpd peak in the 1960s, but the country’s National Oil Company has plans to almost double production within three to five years

Here’s a roundup of the latest E&P headlines including a new well coming online and new contract awards in the upstream oil and gas industry.

Italy’s oil major Eni looks to boost offshore gas production in Libya with a new $8 billion agreement

Eni, an Italian oil and gas firm, has signed an $8 billion offshore gas development deal with state-owned Oil Corporation of Libya (NOC).

Prime Minister Giorgia Meloni visited Tripoli on Saturday as the Italian oil giant Eni signed an $8 billion deal with Libya to increase gas production and supply to the African nation.

Italian energy giant Eni signs an $8 billion gas deal with Libyas state-run National Oil Corporation as Prime Minister Giorgia Meloni held talks with Libyan interim prime minister Abdelhamid Dbeibah in Tripoli to discuss energy and migration.

Prime Minister Giorgia Meloni visited Tripoli on Saturday as the Italian oil giant Eni signed an $8 billion deal with Libya to increase gas production and supply to the African nation.

Italian energy giant Eni signed an $8 billion gas deal with Libya's state-run National Oil Corporation Saturday as Prime Minister Giorgia Meloni visited Tripoli.European governments have been scrambling to find alternatives to Russian gas since last year's invasion of Ukraine saw deliveries slashed to less than half their pre-war levels, sending prices soaring to record highs and triggering costly state subsidies to protect consumers.Eni said it was the first major project in Libya sin...

Italian energy giant Eni signed an $8 billion gas deal with Libya's state-run National Oil Corporation Saturday as Prime Minister Giorgia Meloni visited Tripoli.