Who produces the most gas in Libya?
Eni is the leading international gas producer in Libya, with a share of 80% of the national production — 1.6 billion cubic feet per day in . Its operations are run through the joint company Mellitah Oil & Gas, a Eni-NOC joint venture and the average equity production last year was 165,000 barrels of oil equivalent per day.
What's going on with Eni in Libya?
Following an agreement signed in December with the International Organization for Migration, a five-year cooperation project is underway to train 850 young people facilitating access to work. Eni has resumed onshore exploration activities in Libya after a 10-year hiatus, starting with the A1-96/3 well in the Ghadames Basin.
What are Eni's upcoming plans for Libya?
In an exclusive interview with Energy Capital and Power, Luca Vignati, Eni’s Upstream Director, discusses the company’s upcoming plans for Libya, which involve offshore drilling for the Structures A&E project, an ultra-deepwater well in Area C, and seismic acquisition in the Sirte Basin.
Who signed a gas agreement in Libya?
The agreement was signed in the presence of Italian Prime Minister Giorgia Meloni and Libyan Government of National Unity Prime Minister Abdul Hamid Al-Dbeibah. Eni is the leading international gas producer in Libya, with a share of 80% of the national production — 1.6 billion cubic feet per day in .
How much will Eni invest in a giant gas project?
Italian energy giant Eni and partner the National Oil Corporation of Libya (NOC) have agreed to develop the Structures A&E giant gas project with overall estimated investments of $8 billion, including a related carbon capture and storage facility, confirming an earlier Upstream exclusive that the final investment decision would be taken in .
Why did Libya sign a memorandum of understanding with NOC?
Furthermore, in line with Eni’s strategy and the Libyan government’s goals to accelerate decarbonization and energy transition processes, a Memorandum of Understanding was signed with NOC in June to jointly identify opportunities for CO2 emission reductions.
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