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0 -0.000726937269372704 0 0 0.00184501845018453 -0.000158671586715891 0.000369003690036958 0.000369003690036958
Stock impact report

Eni Expands Offshore Output With Baleine Phase 2 Milestone [Yahoo! Finance]

ENI S.p.A. (E) 
US:NYSE Investor Relations: eni.com/en_it/investors.page
Company Research Source: Yahoo! Finance
Eni SpA E has commenced Phase 2 production from the Baleine field in Côte d'Ivoire's offshore, a milestone in the country's energy development. This new phase elevates production to 60,000 barrels of oil per day and 70 million cubic feet of associated gas, strengthening Côte d'Ivoire's role in the global energy sector. The project utilizes the Floating Production, Storage, and Offloading Unit Petrojarl Kong alongside the Floating Storage and Offloading Unit Yamoussoukro. While oil is exported, the processed gas is directed to the local energy network through the infrastructure developed during Phase 1. This initiative underscores Eni's commitment to bolstering national energy access and highlights Côte d'Ivoire's growing prominence as an energy-producing nation. Baleine is notable as Africa's first net-zero emission upstream project, achieving carbon neutrality for Scope 1 and 2 emissions. Eni employs advanced technologies to minimize the carbon footprint and supports local initi Show less Read more
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