Italian energy giant Eni is intensifying its exploration activities across North Africa as it eyes significant opportunities in the region’s burgeoning energy sector. The company has also set its sights on a critical decision regarding its gas assets in Cyprus, expected in the first quarter of the year. These strategic moves underscore Eni’s commitment to expanding its footprint in the Eastern Mediterranean and tapping into the region’s vast hydrocarbon potential amid shifting global energy dynamics.
Eni Accelerates North African Exploration Amid Rising Regional Energy Demand
Eni is intensifying its commitment to expanding hydrocarbon exploration across North Africa, responding to a noticeable surge in regional energy needs. The Italian energy giant has announced new seismic surveys and drilling activities primarily focused on offshore blocks in Egypt and Libya, aiming to bolster local energy supplies and reduce reliance on imports. This push aligns with broader…
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Author : Samuel Brown
Publish date : 2026-01-17 04:24:00
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