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  • Eni signs Exploration and Production Sharing Agreement for Block 1 offshore Bahrain
    édité le 02/05/2019 - Plus de news de "ENI" - Voir la fiche entreprise de "ENI"


Eni signs Exploration and Production Sharing Agreement for Block 1 offshore Bahrain
Following a joint study conducted by Eni in 2016 and the signature of the Memorandum of Understanding dated 13th January 2019, Eni has signed an Exploration and Production Sharing Agreement (EPSA) with the National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) for Block 1.

The signing took place in the presence of H.E. Sheik Mohamed Bin Khalifa Al Khalifa, Minister of Oil of Bahrain and Chairman of the board of directors in NOGA, and Claudio Descalzi, Chief Executive Officer of Eni.

Under the terms of the agreement, Eni will pursue exploration activities in the offshore area of over 2,800 km2, located in the northern territorial waters of the Kingdom of Bahrain, with water depth ranging from 10 up to 70 metres.

Thanks to this agreement, Eni strengthens its presence in Bahrain, in line with its strategy aimed at diversifying its exploration portfolio across basins with liquid hydrocarbon potential, as those present in this Middle East region.

In the Middle East, Eni is already present in the United Arab Emirates, Iraq, Oman and Lebanon.

About ENI

Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.

About NOGA

NOGA is leading the Oil & Gas 4.0 initiative in the Oil & Gas sector in Kingdom of Bahrain, we are working to embedding the innovation into every aspect in our business where applicable and where it has a compatible advantages to the Oil & Gas sector, we are determined to make the Oil & Gas Sector as the destination hub for innovation.​


Origine : Communiqué ENI

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