{"id":13361,"date":"2023-03-01T17:53:00","date_gmt":"2023-03-01T17:53:00","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=13361"},"modified":"2023-03-01T17:53:00","modified_gmt":"2023-03-01T17:53:00","slug":"algeria-eni-achieves-the-closing-for-the-acquisition-of-bps-business","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-achieves-the-closing-for-the-acquisition-of-bps-business\/","title":{"rendered":"Algeria: Eni Achieves the Closing for the Acquisition of BP\u2019s business"},"content":{"rendered":"\n

The operation was announced in early September, with the aim of contributing to Europe\u2019s gas needs and strengthening Eni’s presence in Algeria.<\/em><\/p>\n\n\n\n

Eni\u00a0has\u00a0achieved\u00a0the closing for the acquisition of\u00a0BP business in Algeria, regarding the two gas-producing concessions\u00a0‘In Amenas’ and ‘In Salah’, which are jointly operated with Sonatrach and Equinor.<\/p>\n\n\n\n

The transaction has been approved by the competent national and antitrust authorities.<\/p>\n\n\n\n

Eni has been present in Algeria since 1981. Following this operation – and the development programs already underway in the Berkine basin – Eni’s equity production in Algeria will rise to approx. 130,000 barrels of oil equivalent per day in 2023, further confirming the company’s position as the main international energy company operating in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"

The operation was announced in early September, with the aim of contributing to Europe\u2019s gas needs and strengthening Eni’s presence in Algeria. Eni\u00a0has\u00a0achieved\u00a0the closing for the acquisition of\u00a0BP business in … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":13364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7446,11],"tags":[121,10708,8708,346,768,7135,10709,2363],"class_list":["post-13361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-north-africa","category-top-news","tag-algeria","tag-amenas","tag-berkine-basin","tag-bp","tag-eni","tag-equinor","tag-salah","tag-sonatrach","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/eni.jpg?fit=664%2C443&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3tv","jetpack-related-posts":[{"id":12634,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-acquires-two-major-gas-fields-operated-bp\/","url_meta":{"origin":13361,"position":0},"title":"ALGERIA: Eni Acquires Two Major Gas Fields Operated by BP","author":"","date":"September 8, 2022","format":false,"excerpt":"Eni announces that it has agreed to acquire BP business in Algeria, including the two gas-producing concessions In Amenas and In Salah (45.89% and 33.15% working interest respectively). The In Amenas and In Salah assets, which are jointly operated with Sonatrach and Equinor, are located in the Southern Sahara and\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/ALGERIA-Hassi-Bir-Rekaiz-Project.jpg?fit=480%2C463&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12718,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-announces-the-start-of-production-from-2-gas-fields-within-the-new-berkine-south-contract\/","url_meta":{"origin":13361,"position":1},"title":"ALGERIA: Eni Announces the Start of Production from 2 Gas Fields within the New Berkine South Contract","author":"","date":"October 12, 2022","format":false,"excerpt":"Eni announces the recent start of production from two gas fields related to the Berkine Sud contract in Algeria, just 6 months after the contract was awarded through an accelerated development (fast track). The production of the Berkine South, which is the first contract to be signed under the new\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12844,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-and-sonatrach-inaugurate-solar-lab-lay-first-stone-of-pv-facility-in-brn\/","url_meta":{"origin":13361,"position":2},"title":"ALGERIA: Eni and Sonatrach inaugurate Solar Lab, lay first stone of PV facility in BRN","author":"","date":"November 21, 2022","format":false,"excerpt":"The CEO of Eni Claudio Descalzi and the CEO of Sonatrach Toufik Hakkar have inaugurated the Solar Lab and laid the first stone of a 10MW photovoltaic plant in the Bir Rebaa North (BRN) production complex, in the Berkine basin, south-eastern Algeria, today. The event took place in the presence\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/11\/Eni_Algeria_SolarLab.jpg?fit=1000%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/11\/Eni_Algeria_SolarLab.jpg?fit=1000%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/11\/Eni_Algeria_SolarLab.jpg?fit=1000%2C600&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/11\/Eni_Algeria_SolarLab.jpg?fit=1000%2C600&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":11392,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-sonatrach-to-relaunch-production-in-the-berkine-basin\/","url_meta":{"origin":13361,"position":3},"title":"ALGERIA: Eni, Sonatrach to Relaunch Production in the Berkine Basin","author":"","date":"December 15, 2021","format":false,"excerpt":"The Chief Executive Officer of Sonatrach, Toufik Hakkar, and the Chief Executive Officer of Eni, Claudio Descalzi, in the presence of the Minister of Energy and Mines Mohamed Arkab and the Ambassador of Italy to Algiers Giovanni Pugliese, signed today a new oil contract related to the onshore Berkine basin\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12496,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-announces-another-discovery-in-the-berkine-north-onshore-basin\/","url_meta":{"origin":13361,"position":4},"title":"ALGERIA: Eni announces another discovery in the Berkine North onshore basin","author":"","date":"July 26, 2022","format":false,"excerpt":"Eni and SONATRACH announce today a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. The Rhourde Oulad Djemaa Ouest-1 (RODW-1) exploration well, in the Sif Fatima II research perimeter, is the third well in the exploration drilling campaign. It led to\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12467,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-signs-a-new-contract-on-blocks-404-208\/","url_meta":{"origin":13361,"position":5},"title":"ALGERIA: Eni Signs a New Contract on Blocks 404-208","author":"","date":"July 19, 2022","format":false,"excerpt":"Eni signed today with SONATRACH, Oxy and TotalEnergies a new PSC for blocks 404 and 208 in Algeria. These blocks are located onshore in the prolific Berkine basin, in Eastern Algeria, an area where Eni has been present since the 80s. The contract, signed under Algeria\u2019s new hydrocarbon law of\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Eni-Sontrach-Oxy.jpg?fit=1000%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Eni-Sontrach-Oxy.jpg?fit=1000%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Eni-Sontrach-Oxy.jpg?fit=1000%2C600&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Eni-Sontrach-Oxy.jpg?fit=1000%2C600&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=13361"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13361\/revisions"}],"predecessor-version":[{"id":13365,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13361\/revisions\/13365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/13364"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=13361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=13361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=13361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}