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ENI Eni Spa

14.708
-0.116 (-0.78%)
03 May 2024 - Closed
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
  -0.116 -0.78% 14.708 14.662 14.80 14.854 14.656 14.846 8,546,828 17:00:00

Lukoil, Eni Pursue Oil Exploration Project in the Republic of Congo

14/10/2020 1:18pm

Dow Jones News


Eni (BIT:ENI)
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By Emmanuel Tumanjong

Special to Dow Jones Newswires

 

Russia's Lukoil and Italy's Eni are in talks with the Republic of Congo to authorize an oil exploration project in the country, according to a statement from both companies and released by the Congolese government on Wednesday.

"The project we intend to set up with Eni concerns exploration. We have reassured members of the government that our company will be a reliable partner for the Congo," said Ivan Romanovsky, Lukoil's vice president for the Americas, Europe and West Africa.

Concerning gas exploration, Mr. Romanovsky added that the companies are currently in the process of developing a strategy that will later be presented to the Congolese authorities.

Both Lukoil and Eni are significant operators in the oil and gas industries of the Republic of Congo.

 

Write to Barcelona Editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

October 14, 2020 08:03 ET (12:03 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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