Eni and the Government of The Gambia, represented by the Minister of Energy and Petroleum Honourable Nani Juwara, signed today a Petroleum Exploration Development and Production License Agreement for the Block A1 offshore the Republic of The Gambia.

The Block A1 covers an area of 1,300 km2 in water depths ranging from 1,250 to 3,300 m. The Block is located in a region of the Atlantic margin with proven hydrocarbon discoveries.

Eni’s entry into The Gambia is in line with the Company’s exploration strategy focused on building a geographically diversified portfolio which includes opportunities in proven but still underexplored and emerging areas and frontier ones with high potential.

About Eni

Eni is a global energy tech company operating in 64 Countries, with about 32,500 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni's goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers.
In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni's areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy - a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.