
One day – One Project
The national oil companies (NOCs), Eni from Italy and Sonangol from Angola, together with the local joint venture Sonangol – Sinopec called SSI Fifteen limited (SSI Fifteen) intend to develop their recent discovery Agogo in the Block 15/06 offshore Angola on fast-track as a stand alone project as a floating, production, storage and offloading (FPSO) vessel.
The international oil company (IOC), Chevron Phillips, and the national oil company (NOC), Qatar Energy (QE), signed a heads of agreement (HoA) to build and operate an estimated $8 billion-worth petrochemicals project on the US Gulf of Mexico coast, under the name Golden Triangle Polymers.
In August 2016, Eni and ExxonMobil signed an agreement by which Eni will sell 25% stake into the onshore LNG project and transfer the operator role to the US major ExxonMobil. Eni kept the operator role for the development of its offshore fields.
