Italian energy company Eni inked an agreement valued at $8 billion on Thursday to develop the Mozambique’s Coral South field, discovered in May 2012, which contains about 450 billion cubic meters, or 16 trillion cubic feet (tcf) of gas.
read more... 02/06/2017
Eni’s board of directors gave the go-ahead to the investment plan for the first phase of Coral South project in offshore Mozambique, marking a significant step towards the final investment decision.
read more... 24/11/2016
Mozambique and Italy's Eni have inked a 20-year agreement to vend BP liquefied natural gas (LNG), a significant step in getting a long-delayed project off the ground, as declared by state energy company ENH on Tuesday.
read more... 05/10/2016
A long-expected Mozambique’s offshore gas project with Italy’s Eni is likely to get the green light within months, according to sources close to the matter.
read more... 26/07/2016
U.S. energy giant ExxonMobil is envisaging buying a stake of around 15% in Italian oil major Eni’s giant Area 4 gas field in Mozambique.
read more... 28/03/2016