While many oil companies pulled back from exploration, Eni’s strategy has reaped a string of major discoveries over the past ...

Company says contract — thought to be for Coral North project in Mozambique — is worth between €250 million ($292 million) ...

South Korean shipbuilder Samsung Heavy Industries has officially logged a KRW 869.4bn won ($637m) contract for early works on ...

Africa's upstream oil and gas sector is experiencing a transformative shift with majors divesting assets and new regional ...

ROME: Malaysia will acquire two maritime patrol aircraft for the Royal Malaysian Air Force (RMAF) under a venture with ...

The potential investments span the petrochemical, machinery and equipment, electrical and electronics, and oil and gas services sectors.

Italian energy giant Eni and Malaysian behemoth Petronas on Tuesday signed a new framework agreement that sets the basis for the creation of the new, jointly participated company that will oversee ...

Eni SPA has enlisted Saipem SPA to serve as the main contractor for the second-phase expansion to enhance processing flexibility and expand production of renewables-based fuels at subsidiary ...

Once finalized, the JV will solidify Eni and PETRONAS as major gas players in Southeast Asia, offering a strong production base, substantial reserves and significant long-term growth potential. The ...

E teams up with PETRONAS in a 50:50 joint venture to merge oil and gas assets across Southeast Asia, targeting a 500,000 boepd output.

E-PETRONAS JV to Mirror Eni's Satellite Model Success The proposed joint venture (JV) will be equally owned, with both companies agreeing to a 50:50 valuation of the contributed assets. The new entity ...