We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.096 | 0.64% | 15.032 | 14.98 | 15.058 | 15.058 | 14.91 | 14.95 | 6,243,747 | 02:01:19 |
Emmanuel Tumanjong
Special to Dow Jones Newswires
Eni has started oil-and-gas production at the Baleine Field in Ivory Coast, the Italian energy firm said Monday.
"For the initial phase, production takes place through the Baleine FPSO, a refurbished and upgraded floating production storage and offloading unit capable of handling up to 15,000 bbl/d [barrels of oil a day] of oil and around 25 mscf/d [million standard cubic feet a day] of associated gas," CEO Claudio Descalzi said.
Phase 2 is expected to begin by the end of 2024, increasing field production to 50,000 barrels of oil a day and around 70 million standard cubic feet of gas a day. The third phase will aim to elevate field production up to 150,000 barrels of oil and 200 million standard cubic feet of gas a day.
"The first oil from Baleine is a milestone in Eni's operations. Stemming from an extraordinary exploration success, we have achieved an industry-leading time-to-market of under two years from the declaration of commercial discovery," Descalzi said.
Eni is carrying out the project, which is the first emission-free scope 1 and 2 project in Africa, alongside its Ivorian partner Petroci. Baleine is the largest hydrocarbon discovery in the Ivorian sedimentary basin, Eni said.
Write to Barcelona Editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
August 28, 2023 09:40 ET (13:40 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Eni Chart |
1 Month Eni Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions