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Shell and Ukraine signed $10 billion deal in Davos Shell‘s Chief Executive Officer, Peter Voser, and Ukraine’s President Viktor Yanukovich took the opportunity of the World Economic Forum in Davos to sign a $10 billion agreement to develop shale gas resources in Ukraine. Last May 2012, Ukraine had selected two major international oil companies, Chevron […]

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Mozambique Key Projects and Business Highlights In 2012 Mozambique has emerged as a new star in the oil and gas universe with series of major discoveries in the Rovuma Basin, offshore the west coast of Africa. Every month, companies like Anadarko, Eni, Total, Mitsui E&P were announcing successful test wells of natural gas. All the […]

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Tackle each challenge with safe, reliable and innovative solutions Headquartered in San Donato Milanese, next to Milano in Italy, Saipem is a subsidiary of the Italian national oil company ENI S.p.A. (ENI) operating in the engineering and contracting services. Previoulsy wholly owned, ENI floated 57% of the shares in 1984 in Milan Stock Exchange. Initiated in […]

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ONGC and ConocoPhillips closed deal on $5 billion November 26th, 2012, ConocoPhillips and the Indian national OIL and Natural Gas Corporation Videsh Ltd (ONGC) have agreed on a transfer of interests in the North Caspian Production Sharing Agreement (NCPSA). Signed on the base of $5 billion in cash, the deal opens ONGC the access to […]

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Eni, Total, Kogas and Novatek win exploration blocks On October 30th, Cyprus announced to award four permits out of the second licensing round initiated by the Cyprus Government in February 2012. For this second licensing round, Cyprus offered 12 blocks for auction to oil and gas companies to bid until end of May. From this […]

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