Agiba Petroleum Company has reported strong gains in oil and natural gas production, supported by intensified drilling and exploration activity carried out in partnership with Italian energy major Eni.

Italy’s Eni plans to inject additional investments totaling $8 billion into the Egyptian market over the next five years, CEO Claudio Descalzi said in a meeting with President Abdel Fattah El-Sisi.

The Egyptian General Petroleum Corporation (EGPC) signed an agreement with the Italian company Eni, represented by its subsidiary IEOC Production, to extend the company's commitment in the Gulf of Suez and the Nile Delta until 2040.

Minister of Petroleum and Mineral Resources Karim Badawi and Eni’s CEO Claudio Descalzi reviewed plans to accelerate the company’s exploration and production plans in its Mediterranean concession areas

Ministry of Environment, represented by the BioEnergy for Sustainable Rural Development, has signed a cooperation agreement with Italy’s Eni to prepare a comprehensive feasibility study for establishing biogas production units that process animal and agricultural waste.

The Egyptian General Petroleum Corporation (EGPC), Eni, and BP have signed an agreement to extend the development contract for the Baltim East field in the Nile Delta’s Baltim Concession.

Eni will invest $8 billion in the Egyptian market over the next five years, the Italian company's Chief Operating Officer Global Natural Resources Guido Brusco unveiled during his meeting with Prime Minister Mostafa Madbouly.

The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) signed a joint deal with IEOC, part of Eni, and bp, to commence exploration activities in the Mediterranean Sea

The offshore drilling rig Saipem 10000 has completed the sidetrack drilling operations at the Zohr-6 well.

Minister of Petroleum and Mineral Resources Karim Badawi and Eni’s CEO Claudio Descalzi discussed the company's expansion plans in Egypt and the 2025 drilling program

Eni plans to invest more than €24 billion in North Africa over the next four years, with over €8 billion allocated to Egypt, another €8 billion to Libya, and a similar amount to Algeria.

Agiba Petroleum Company has successfully cooperated with the Egyptian General Petroleum Corporation (EGPC) and the Italian energy giant Eni in accelerating the development of the Iris field in Egypt’s Western Desert.

Eni, the Italian energy company, plans to start producing 100 million cubic feet of natural gas per day from the Nour concession area in the eastern Mediterranean by mid-2026.

The drilling vessel 'Saipem 10000' arrived in Egypt, on January 28th, to begin drilling work at the Zohr natural gas field

Egypt and a consortium of French TotalEnergies and Italy’s Eni will sign a key agreement in February.

Drilling operations at the Zohr natural gas field will be resumed on January 28th or 29th, 2025, Claudio Descalzi, CEO of Italian company Eni, told Prime Minister Mostafa Madbouly.

Karim Badawi, Minister of Petroleum and Mineral Resources, reviewed Italian company Eni’s activities across Egypt.

Minister of Petroleum and Mineral Resources Karim Badawi has met with Chief Operating Officer Global Natural Resources at Italy’s Eni Guido Brusco to discuss speeding up the development and exploration of natural gas and crude oil fields.

President Abdel Fattah El-Sisi has met with Italian energy giant Eni’s CEO Claudio Descalzi to review the company’s ongoing activities in Egypt in the fields of research and exploration.

Eni’s Chief Financial Officer (CFO) Francesco Gattei expressed optimism about Egypt’s improving macroeconomic landscape, signaling a bright future for the country’s oil sector.