Edin. New It Share Discussion Threads

[grupo guitarlumber] 04/7/2023 08:19

Borsa Italiana - 10:18:06 04/07/2023


13.45 EUR +0.25%

[sarkasm] 03/7/2023 16:37

Borsa Italiana - 17:44:59 03/07/2023


13.41 EUR +1.74%

[waldron] 03/7/2023 10:11

Borsa Italiana - 11:08:23 03/07/2023 BST

13.42 EUR +1.82%

some are becoming bullish,risk apetite improving apparently

[the grumpy old men] 02/7/2023 08:27

Aye, possible oil price vibrations might well help there

It needs to now break thru the 13.68 Resistance to then gap up


Borsa Italiana - 17:44:59 30/06/2023

13.18 EUR +2.28%

[sarkasm] 01/7/2023 11:05

Perhaps wishful thinking but looking forward to a substantial move up

[sarkasm] 01/7/2023 11:04

Analysts' Consensus



Mean consensus
OUTPERFORM


Number of Analysts
25


Last Close Price
13.18EUR

Average target price
16.30EUR
Spread / Average Target
+23.69%


High Price Target
19.50EUR
Spread / Highest target
+47.93%


Low Price Target
13.01EUR
Spread / Lowest Target
-1.30%

[waldron] 28/6/2023 20:22

TechnipFMC Bags Significant Contract
by Paul Anderson
|
Rigzone Staff
|
Wednesday, June 28, 2023

TechnipFMC has been contracted to supply subsea production systems for the Block 18 Infills development, offshore Angola.


TechnipFMC announced that it has been awarded a “significant” contract by Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola.

According to the company, the contract is worth anywhere in the region of $75 million and $250 million. The company said in its statement that this is its first subsea production systems contract with Azule Energy and follows the announcement of a flexible pipe supply contract for Azule’s Agogo Integrated West Hub Development.

That contract is one of TechnipFMC’s largest ever awards for flexible pipe in West Africa, and covers the engineering, procurement, and supply of jumpers, flowlines, risers, and all associated ancillary equipment, TechnipFMC noted in a previous statement. The flexible pipe will connect the new Agogo facility to the subsea production systems, the company highlighted.

Azule Energy, a BP and Eni company, is the operator of Block 15/06 in Angola offshore, partnering with Sonangol P&P and SSI Fifteen Limited.

The existing Block 18 field layout will be reconfigured to accommodate new equipment that will continue to support Azule’s production increase plan, TechnipFMC said. The company highlighted that it will design and manufacture subsea trees, a manifold, subsea distribution equipment, and topside controls, as well as jumpers, flowlines and umbilicals.

“Our deep knowledge of the existing installed base was key to securing this contract, and we are delighted to be supplying subsea production systems to Azule Energy as we further develop our relationship with this client,” Jonathan Landes, President, Subsea at TechnipFMC, commented.

To contact the author, email [e-mail]

[ariane] 27/6/2023 17:31

Eni chief executive says plan for pipeline to move gas to Cyprus 'part of our discussion'

By Associated Press

Published: 17:55 BST, 27 June 2023 | Updated: 17:55 BST, 27 June 2023



NICOSIA, Cyprus (AP) - The chief executive of energy company Eni said Tuesday that Cyprus-Israeli plans for a pipeline to move offshore natural gas from the two countries to Cyprus is "part of our discussion" with the Cypriot government. The gas would be processed for electricity generation and possible exportation.

Eni CEO Claudio Descalzi said after talks with Cyprus President Nikos Christodoulides that any plan to develop gas deposits discovered off Cyprus´ southern coast "must have economic value."

Descalzi said talks focused primarily on Eni´s plans to drill by the end of the year an additional well in Block 6 - one of seven areas inside Cyprus´ exclusive economic zone where the Italian company along with partner Total of France hold licenses for hydrocarbon exploration.

[grupo guitarlumber] 27/6/2023 12:17

Upcoming events on Eni S.p.A

26/07/2023 Q2 2023 Earnings Release

27/07/2023 Q2 2023 Earnings Call

26/10/2023 Q3 2023 Earnings Release

26/10/2023 Q3 2023 Earnings Call

[grupo guitarlumber] 27/6/2023 12:16

ENI : Deutsche Bank gives a Buy rating

Analyst James Hubbard from Deutsche Bank research considers the stock attractive and recommends it with a Buy rating.


The target price continues to be set at EUR 15.80.

[waldron] 24/6/2023 07:07

Cryptoentertainerz
24 Jun '23 - 07:58 - 264 of 264 (Filtered)


0 0 0

[la forge] 23/6/2023 07:21

Correction to Eni, Var Energi Acquisition Article
23/06/2023 8:16am
Dow Jones News

Eni (BIT:ENI)



Friday 23 June 2023


Var Energi will acquire Neptune Energy Group's Norway business. "Eni, Var Energy to Buy Neptune Energy's Global and Norwegian Businesses," at 0624 GMT, misspelled Var Energi's name in the headline.



(END) Dow Jones Newswires

June 23, 2023 03:01 ET (07:01 GMT)

[waldron] 22/6/2023 13:07

London-listed SPAC New Energy One in talks about Eni North Sea merger

NEOA, which counts former home secretary Amber Rudd as an adviser, is in discussions to combine with UK carbon capture and storage projects part-owned by the Italian energy giant Eni, Sky News learns.



Mark Kleinman

City editor @MarkKleinmanSky
Thursday 22 June 2023 13:04, UK

[florenceorbis] 21/6/2023 08:36

[Italy] ENI S.P.A (ENI)


Borsa Italiana - 10:35:08 21/06/2023


12.86 EUR +0.37%

[waldron] 18/6/2023 08:56

Sector Update: Energy Stocks Rise Friday Afternoon

June 16, 2023 at 06:49 pm

(MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index up 0.3% and the Energy Select Sector SPDR Fund (XLE) advancing 0.5%.

The Philadelphia Oil Service Sector index was little changed, and the Dow Jones US Utilities index was rising 1.1%.

West Texas Intermediate crude oil was rising 0.7% to $71.09 a barrel while the global benchmark Brent crude contract was advancing 0.5% to $76.04 a barrel. Henry Hub natural gas futures were 4.5% higher at $2.65 per 1 million BTU.

In company news, TechnipFMC (FTI) said it has been granted a significant contract from Woodside Energy for its Julimar project offshore Western Australia. TechnipFMC shares were up 0.4%.

Baker Hughes (BKR) said it has received a contract to provide Italian energy group Eni (E) and its partner Petroci with deepwater technology for the Baleine phase 2 project in Ivory Coast. Baker Hughes was up 1.4%.

RPC (RES) shares was shedding 4.4% after Citigroup downgraded the oilfield services company to sell from neutral and cut its price target to $7 from $8.25.

[waldron] 10/6/2023 09:55

not sure which way its going


[Italy] ENI S.P.A (ENI)


Borsa Italiana - 16:44:59 09/06/2023 BST


12.98 EUR -1.01%

[waldron] 09/6/2023 16:00

Eni Approved to Start Work in Ivory Coast Oil and Gas Field
06/09/2023 | 04:19pm BST


By Emmanuel Tumanjong

Special to Dow Jones Newswires

Italian company Eni has authorization to start works in the Ivory Coast Baleine--or Whale--oil and gas field in the second half of the year, according to a government statement read on state-run Radio Television Ivoirienne on Friday.

Work should start with the drilling of eight wells and the first production is expected by the end of February 2025, it said.

The authorisation gives the joint venture between ENI and Ivory Coast's state-run partner Petroci Holding xclusive rights to develop of the Whale Oil and Gas Field in block CI-802, which is an extension to the deposit in block CI-101, which ENI discovered in August 2021 Amadou Coulibaly, government Minister and spokesman, said.

This discovery increased the initial reserve estimates for the deposits by 25% for crude oil, from 2 billion barrels to 2.5 billion barrels, and by 38% for natural gas, from 2,400 billion cubic feet to 3,300 billion cubic feet, Coulibaly said.

Write to Barcelona Editors at [e-mail]

(END) Dow Jones Newswires

06-09-23 1118ET

[ariane] 09/6/2023 05:38

Eni Signs MoU For New Initiatives Related To The Energy Transition In Libya

Eni signed a memorandum of understanding today with Libya with the aim of studying and identifying opportunities to reduce greenhouse gas emissions and develop sustainable energy in the country, in line with Eni's strategy and with the Libyan government's objectives to accelerate decarbonisation and energy transition processes. The signing took place as part of the visit of the Prime Minister of the Government of Libyan National Unity Abulhamid Dabaiba to Italy.

Under the terms of the memorandum, Eni will work on reducing CO2 emissions through the reduction of routine gas flaring, fugitive emissions and venting, as well as possible projects for the reduction of hard-to-abate sector emissions. In addition, new solutions for the development of renewable energy and initiatives for electricity efficiency in the country will be evaluated. Finally, the company will work on the identification of additional gas resources from existing fields, to be developed as part of an integrated project for the domestic market and potentially for export.

Eni is the main international gas producer in Libya, with an 80% share of national production (1.6 bscfd in 2022). The company has been operating in Libya since 1959 and currently has a large portfolio of assets in exploration, production and development. Production activities are operated through the joint venture Mellitah Oil and Gas BV (Eni 50%, NOC 50%). Equity production was 165,000 barrels of oil equivalent per day in 2022.

Source: ENI

[waldron] 05/6/2023 08:07

Looking forward to a potential gap up

[sarkasm] 03/6/2023 18:37

Upcoming events on ENI S.P.A


July/27/2023 Q2 2023 Earnings Release


July/28/2023 Q2 2023 Earnings Call