Italian oil and gas company Eni has signed two new agreements with Congo-Brazzaville in a bid to boost the energy development and local growth of the country
In January 2015, Eni had started oil production from Nené Marine field located offshore the Central African country.
Eni CEO Claudio Descalzi said, “In recent years, Eni has discovered approximately 3.5bn barrels of oil equivalent of resources in the Congolese Marine XII Block located offshore Congo-Brazzaville, of which 1.5bn are attributable to Nené Marine field. This result also demonstrates Eni’s strong technical competences and the effectiveness of the company’s exploration technologies.”
Eni is also present in Angola, Ghana, Gabon, Mozambique, Nigeria, Togo, Kenya and Liberia. According to the company, it currently produces around 450,000 bpd in sub-Saharan Africa due to successful oil and gas exploration activities and rapid growth.
The company has been operational in Congo-Brazzaville since 1968 and currently produces an estimated 110,000 bpd in the country.