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Latest news and articles about eni from NEX English

Italian Eni Discovers Massive Gas Field Off Egypt's Coast

Italian energy group Eni has announced the discovery of <strong>two trillion cubic feet</strong> of gas and condensates off the coast of Egypt after drilling the exploration well <strong>Denis W-1</strong> in the <strong>Timsah</strong> concession in the eastern Mediterranean. This discovery is crucial for Egypt's ambition to strengthen its position as a key energy supplier in the region.

Italian Investments to Boost Egypt's Energy Sector by 2026

Italian energy giant Eni has announced plans to invest billions in Egypt's energy sector by 2026. This initiative aims to strengthen the strategic partnership between Eni and Egypt despite ongoing regional challenges.