Eni Exits Consortium for Oil and Gas Exploration Offshore Israel
Italian energy major Eni has opted to withdraw from a consortium bidding for new offshore natural gas exploration licenses in Israel. This decision suggests a strategic re-evaluation of its East Mediterranean portfolio, potentially signaling a shift towards concentrating capital on existing, more advanced development projects rather than pursuing new, early-stage exploration ventures in the region.
Offshore Engineer · March 27, 2026
Eni approves FIDs for Indonesian deep‑water gas projects
Italian energy major Eni has greenlit substantial capital expenditure for a series of deepwater gas projects offshore Indonesia, signaling a firm commitment to expanding its global gas portfolio. These final investment decisions encompass multiple fields across both northern and southern hubs, reinforcing Eni's strategic focus on gas as a critical component of the energy transition.
Offshore Technology · March 20, 2026