
How Eni’s €8B Libya Investment is Reshaping Energy Security in Europe
With 48.4 billion barrels in oil reserves, Libya plays a central role in Italy’s strategy to diversify energy sources and enhance regional development.

With 48.4 billion barrels in oil reserves, Libya plays a central role in Italy’s strategy to diversify energy sources and enhance regional development.

Construction of the facility is expected to start in the coming weeks, with production slated for 2027.

Targeting 250,000 barrels per day, Azule Energy is developing a series of offshore oil and gas projects in Angola.

Developed by TotalEnergies, Petronas and Sonangol, the Kaminho deepwater development is on track for a 2028 start.

The Brazilian state-owned corporation has declared interest in nine exploration blocks, offshore Ivory Coast.

The project will involve the engineering, procurement and construction of LPG storage facilities in Aqaba, Jordan.

Targeting enhanced fuel security, Angola is rolling out an ambitious downstream development strategy.

The agreements mark the next phase of Mauritania’s inaugural 300 MW Banda gas-to-power plant.

The company is undertaking an ambitious drilling and production plan in 2025, aligning with Angola’s goal of sustaining crude production above one million barrels per day.

This drilling campaign is intended to maintain output from the Sankofa field and strengthen Ghana’s domestic energy supply.
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With 48.4 billion barrels in oil reserves, Libya plays a central role in Italy’s strategy to diversify energy sources and enhance regional development.

Construction of the facility is expected to start in the coming weeks, with production slated for 2027.

Targeting 250,000 barrels per day, Azule Energy is developing a series of offshore oil and gas projects in Angola.

Developed by TotalEnergies, Petronas and Sonangol, the Kaminho deepwater development is on track for a 2028 start.

The Brazilian state-owned corporation has declared interest in nine exploration blocks, offshore Ivory Coast.

The project will involve the engineering, procurement and construction of LPG storage facilities in Aqaba, Jordan.

Targeting enhanced fuel security, Angola is rolling out an ambitious downstream development strategy.

The agreements mark the next phase of Mauritania’s inaugural 300 MW Banda gas-to-power plant.

The company is undertaking an ambitious drilling and production plan in 2025, aligning with Angola’s goal of sustaining crude production above one million barrels per day.

This drilling campaign is intended to maintain output from the Sankofa field and strengthen Ghana’s domestic energy supply.
