Africa

Eni eyes further E&P opportunities in Libya

Eni eyes further E&P opportunities in Libya

Head of the Presidential Council of the Libyan Government of National Accord has met with the CEO of Eni to discuss future exploratory opportunities and development investments in the country. Eni said that Fayez al-Sarraj met with the company’s CEO Claudio...

Saipem bags $700M in offshore contracts in Guyana and Congo

Saipem bags $700M in offshore contracts in Guyana and Congo

Italian oilfield services contractor Saipem has been awarded contracts for the second phase of the ExxonMobil led Liza field development offshore Guyana. It has also won an offshore work contract in Congo. Once the Liza 2 has been sanctioned, Saipem will then perform...

Nigerian oil revenues of $16bn ‘missing’

Nigerian oil revenues of $16bn ‘missing’

Nigeria's state-owned oil company has failed to pay the government $16bn (£11bn) in a suspected fraud, according to an official audit. The Nigerian National Petroleum Corporation (NNPC) provided no explanation for the missing funds, the auditor general told MPs. Oil...

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