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ENI Eni Spa

15.32
-0.214 (-1.38%)
Last Updated: 09:25:49
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eni Spa BIT:ENI Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.214 -1.38% 15.32 15.316 15.32 15.484 15.316 15.482 2,039,435 09:25:49

Eni, Sonatrach Sign R&D, Decarbonization, Upstream Agreements

25/03/2021 5:19pm

Dow Jones News


Eni (BIT:ENI)
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From Apr 2019 to Apr 2024

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   By Joshua Stein 
 

Eni SpA said Thursday that it has signed cooperation agreements with Algerian oil-and-gas company Sonatrach SpA in the upstream, research-and-development and decarbonization sectors.

The companies signed an agreement to create a gas and crude-oil development hub in the Berkine basin region of Algeria, which is part of a relaunch program of exploration-and-development activities in the region, the Italian oil-and-gas major said.

Eni also said it signed a memorandum of understanding with Sonatrach in the new-technologies sector, which will focus on renewable energy, biofuels and hydrogen.

The companies will also collaborate in areas such as staff training, Eni said.

 

Write to Joshua Stein at joshua.stein@wsj.com

 

(END) Dow Jones Newswires

March 25, 2021 13:04 ET (17:04 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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