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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.18 | 1.17% | 15.52 | 15.408 | 15.524 | 15.512 | 15.288 | 15.382 | 7,356,059 | 02:01:06 |
By Maitane Sardon
Eni SpA has signed a deal with state-owned QatarEnergy to work on the expansion of one of the world's biggest offshore liquefied natural gas fields, the company said Sunday.
The Italian oil-and-gas company will hold just over 3% in North Field East, a roughly $29 billion project that will expand Qatar's LNG capacity from 77 million tons per year to 110 million tons a year.
Eni joins French energy giant TotalEnergies SE as an investor in the project, which is expected to start production before the end of 2025.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
June 20, 2022 02:01 ET (06:01 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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