The MoU focuses particularly on the domestic gas market, in which Eni and its joint venture partners wish to play a prominent role.
Eni estimates the overall potential of the discovery to be around 450 million barrels of oil in place with recoverable resources of up to 150 million barrels.
The exploration confirms to be for Eni an important driver of growth, with a strategy focused on basins with proven reserves located near fields already developed that allow to quickly complete the evaluation of the mineral potential and exploit synergies for future development activities and put-in production time.
Paolo Scaroni expressed Eni’s interest in evaluating the exploration potential of hydrocarbons present in Somalia.
Eni signs two agreements with the Government of the Republic of Congo at Palazzo Chigi, intended to boost the energy development and local growth of the Country