Businessmen shaking hands during a meeting. Closeup of business handshake between two colleagues in a modern office. Successful businessmen handshaking closing a deal. Agreement and business concept.

Eni and NOC of Libya join forces to expand gas production 

Eni CEO, Claudio Descalzi, and National Oil Corporation of Libya (‘NOC’) CEO, Farhat Bengdara, have come together to launch “Structures A&E,” a major gas development project in Libya. The aim is to boost gas production to meet domestic demand and supply Europe, with the project expected to have an impact on the industry and supply chain, contributing to the Libyan economy.  

The project involves two main platforms tied to the Mellitah Complex and the construction of a Carbon Capture and Storage (CCS) facility, which will help reduce the overall carbon footprint, in line with Eni’s decarbonization strategy. The total estimated investment for the project is 8 billion USD.  

The agreement was signed in the presence of the Italian Prime Minister, Giorgia Meloni, and the Libyan Prime Minister Abdul Hamid Al-Dbeibah

* Names of heads of legal to be provided once available 

Eni and NOC of Libya join forces to expand gas production 

suzan.taha@lcpublishinggroup.it

legalcommunitymena.com

Launched in 2022 by LC Publishing Group S.p.A., it is the first digital portal addressed to the Middle East North Africa market.

In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointmens and providing insights, analytical data and opinions on the professions’ main trends and topics (AI, innovation, etc.).

For further information, please visit the Group’s website www.lcpublishinggroup.com

Legalcommunity MENA
LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram