04 February 2026
04 February 2026
Shell will remain as the project operator and keep a 50% ownership stake following the transaction.
The contract scope includes field design, development and production management.
The Priolo biorefinery will use Eni's Ecofining technology to convert waste, residues and vegetable oils into biofuels.
The HoA aims to bolster upstream and downstream projects within the Extended Gas Mega Hub by securing Aseng gas volumes.
Reservoir quality was as expected, with an average porosity exceeding 19% and average oil saturation above 70%.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
