Eni Boosts Baleine Offshore Production to Support Local Energy Demands [Yahoo! Finance]
ENI S.p.A. (E)
US:NYSE Investor Relations:
eni.com/en_it/investors.page
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Source: Yahoo! Finance
The ramp up in production is intended to support Côte d'Ivoire's power generation system. Higher gas production is expected to increase the country's access to energy, ensuring a reliable power supply to meet local demand. Gas production is expected to reach up to 70 million cubic feet per day, dedicated entirely to meeting local demands. Phase 2 of the Baleine offshore project commenced in December 2024 and has been crucial in strengthening the country's energy sector and supporting industrial needs. It also underscores Eni's commitment to solidifying Côte d'Ivoire's position as a regional energy hub. Alongside an increase in gas production, Phase 2 of the Baleine project also witnessed a significant increase in oil production, reaching 60,000 barrels
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E
Sec Filings
- 3/19/25 - Form 6-K
- 3/6/25 - Form 6-K
- 3/4/25 - Form 6-K
- E's page on the SEC website