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  • Eni enters Montenegro’s Upstream
    édité le 15/09/2016 - Plus de news de "ENI" - Voir la fiche entreprise de "ENI"


Eni enters Montenegro’s Upstream
Eni signed a Concession Contract with the Government of Montenegro related to the exploration of four blocks in the country’s offshore. The blocks, covering a total area of 1,228 square kilometers, have been awarded following the First International Competitive Bid Round.

The Concession Contract assigns to Eni the role of Operator with a 50% of interest in the exploration licenses 4118-4, 4118-5, 4118-9 and 4118-10. OAO NOVATEK is a partner in the concession with the 50% stake.

The entry into the country’s upstream is part of the company’s strategy aimed at strengthening its exploration portfolio in an area where the company has been leader in the exploration and production activities since the early ‘60.

About ENI

Eni is an integrated company that operates across the entire energy chain, employing some 78,000 people in 90 countries around the world. Scientific research and technological innovation are at the heart of its strategies for sustainable development.
Eni’s excellent portfolio of conventional oil assets with competitive costs and the strong resource base with options for anticipated monetization ensure a robust value generation at Eni’s upstream activity. The vertical integration provided by the large presence in the gas and lng markets, and the know-how in refining and chemical sectors enable the company to capture synergies and catch joint opportunities and projects in the marketplace.

About NOVATEK

OAO NOVATEK is Russia’s largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s gas production and approximately 16% of the world’s gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».



Origine : Communiqué ENI

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